taxes Property Tax Assistance

2017 ISD Summary Worksheet

182/Palo Pinto

182-906/Palo Pinto ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 418,623,020 N/A 418,623,020 418,623,020
B. Multi-Family Residences 3,370,110 N/A 3,370,110 3,370,110
C1. Vacant Lots 49,042,080 N/A 49,042,080 49,042,080
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,350,730 N/A 7,350,730 7,350,730
D2. Real Prop Farm & Ranch 769,110 N/A 769,110 769,110
E. Real Prop NonQual Acres 22,515,780 N/A 22,515,780 22,515,780
F1. Commercial Real 16,552,470 N/A 16,552,470 16,552,470
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,627,345 N/A 1,627,345 1,627,345
J. Utilities 9,059,890 N/A 9,059,890 9,059,890
L1. Commercial Personal 2,820,080 N/A 2,820,080 2,820,080
L2. Industrial Personal 2,689,660 N/A 2,689,660 2,689,660
M. Other Personal 1,158,980 N/A 1,158,980 1,158,980
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 5,475,440 N/A 5,475,440 5,475,440
S. Special Inventory 0 N/A 0 0
Subtotal 541,054,695 541,054,695 541,054,695
Less Total Deductions 27,332,142   27,332,142 27,332,142
Total Taxable Value 513,722,553 513,722,553 513,722,553 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
516,412,453 513,722,553 507,249,276 504,559,376


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,689,900 9,163,177


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
516,412,453 513,722,553 507,249,276 504,559,376

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