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. MULTIFAMILY 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. QUALIFIED AG LAND	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 ACREAGE	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. MOBILE HOMES	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	0	1,295,978,121	1,295,978,121
Less Total Deductions	192,076,779	0	192,076,779	192,076,779
Total Taxable Value	1,103,901,342	0	1,103,901,342	1,103,901,342

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

001-907-02/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. MULTIFAMILY 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. QUALIFIED AG LAND	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 ACREAGE	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. MOBILE HOMES	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

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