taxes Property Tax Assistance

2018 ISD Summary Worksheet

001/Anderson

001-907/Palestine ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 449,537,505 N/A 449,537,505 449,537,505
B. Multi-Family Residences 28,439,450 N/A 28,439,450 28,439,450
C1. Vacant Lots 8,939,753 N/A 8,939,753 8,939,753
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,895,464 N/A 10,895,464 10,895,464
D2. Real Prop Farm & Ranch 463,671 N/A 463,671 463,671
E. Real Prop NonQual Acres 253,873,008 N/A 253,873,008 253,873,008
F1. Commercial Real 241,268,790 N/A 241,268,790 241,268,790
F2. Industrial Real 39,075,813 N/A 39,075,813 39,075,813
G. Oil, Gas, Minerals 1,392,258 N/A 1,392,258 1,392,258
J. Utilities 61,601,545 N/A 61,601,545 61,601,545
L1. Commercial Personal 86,111,309 N/A 86,111,309 86,111,309
L2. Industrial Personal 93,523,181 N/A 93,523,181 93,523,181
M. Other Personal 13,113,059 N/A 13,113,059 13,113,059
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 243,043 N/A 243,043 243,043
S. Special Inventory 7,500,272 N/A 7,500,272 7,500,272
Subtotal 1,295,978,121 1,295,978,121 1,295,978,121
Less Total Deductions 192,076,779   192,076,779 192,076,779
Total Taxable Value 1,103,901,342 1,103,901,342 1,103,901,342 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
1,144,291,415 1,103,901,342 1,144,291,415 1,103,901,342


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,390,073 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10
1,144,291,415 1,103,901,342 1,144,291,415 1,103,901,342

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified