taxes Property Tax Assistance

2018 ISD Summary Worksheet

182/Palo Pinto

182-906/Palo Pinto ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 430,213,913 1.0119 425,154,574 430,213,913
B. Multi-Family Residences 3,370,110 N/A 3,370,110 3,370,110
C1. Vacant Lots 46,837,626 .8114 57,724,459 46,837,626
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,382,710 .9940 7,427,112 7,382,710
D2. Real Prop Farm & Ranch 863,570 N/A 863,570 863,570
E. Real Prop NonQual Acres 23,321,490 N/A 23,321,490 23,321,490
F1. Commercial Real 18,925,650 N/A 18,925,650 18,925,650
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 2,043,980 N/A 2,043,980 2,043,980
J. Utilities 7,716,840 N/A 7,716,840 7,716,840
L1. Commercial Personal 15,034,275 N/A 15,034,275 15,034,275
L2. Industrial Personal 2,195,720 N/A 2,195,720 2,195,720
M. Other Personal 1,330,290 N/A 1,330,290 1,330,290
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,589,480 N/A 4,589,480 4,589,480
S. Special Inventory 0 N/A 0 0
Subtotal 563,825,654 569,697,550 563,825,654
Less Total Deductions 28,260,840   27,601,453 28,260,840
Total Taxable Value 535,564,814 542,096,097 535,564,814 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
538,259,414 535,564,814 529,309,198 526,614,598


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,694,600 8,950,216


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
538,259,414 535,564,814 529,309,198 526,614,598

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