taxes Property Tax Assistance

2019 ISD Summary Worksheet

001-Anderson

001-907/Palestine ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 462,731,083 0.9732 475,473,780 462,731,083
B. MULTIFAMILY RESIDENCES 28,605,103 N/A 28,605,103 28,605,103
C1. VACANT LOTS 9,189,712 N/A 9,189,712 9,189,712
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 11,386,994 0.8253 13,797,796 11,386,994
D2. REAL PROP:FARM & RANCH 481,537 N/A 481,537 481,537
E. REAL PROP NONQUAL ACREAGE 255,527,417 0.9564 267,176,304 255,527,417
F1. COMMERCIAL REAL 256,574,819 0.9148 280,470,943 256,574,819
F2. INDUSTRIAL REAL 40,055,116 N/A 40,055,116 40,055,116
G. OIL,GAS,MINERALS 1,491,113 N/A 1,491,113 1,491,113
J. UTILITIES 63,123,851 1.3050 48,370,767 63,123,851
L1. COMMERCIAL PERSONAL 83,006,054 1.0110 82,102,922 83,006,054
L2. INDUSTRIAL PERSONAL 93,695,059 N/A 93,695,059 93,695,059
M. MOBILE HOMES 13,745,569 N/A 13,745,569 13,745,569
N. INTANGIBLE PERSONAL PROP 25,820 N/A 25,820 25,820
O. RESIDENTIAL INVENTORY 235,025 N/A 235,025 235,025
S. SPECIAL INVENTORY 7,191,059 N/A 7,191,059 7,191,059
Subtotal 1,327,065,331 0 1,362,107,625 1,327,065,331
Less Total Deductions 189,449,730 0 195,926,686 189,449,730
Total Taxable Value 1,137,615,601 0 1,166,180,939 1,137,615,601

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
1,178,867,829 1,137,615,601 1,178,867,829 1,137,615,601


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
41,252,228 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
1,178,867,829 1,137,615,601 1,178,867,829 1,137,615,601

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 462,731,083 0.9732 475,473,780 462,731,083
B. MULTIFAMILY RESIDENCES 28,605,103 N/A 28,605,103 28,605,103
C1. VACANT LOTS 9,189,712 N/A 9,189,712 9,189,712
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 11,386,994 0.8253 13,797,796 11,386,994
D2. REAL PROP:FARM & RANCH 481,537 N/A 481,537 481,537
E. REAL PROP NONQUAL ACREAGE 255,527,417 0.9564 267,176,304 255,527,417
F1. COMMERCIAL REAL 256,574,819 0.9148 280,470,943 256,574,819
F2. INDUSTRIAL REAL 40,055,116 N/A 40,055,116 40,055,116
G. OIL,GAS,MINERALS 1,491,113 N/A 1,491,113 1,491,113
J. UTILITIES 63,123,851 1.3050 48,370,767 63,123,851
L1. COMMERCIAL PERSONAL 83,006,054 1.0110 82,102,922 83,006,054
L2. INDUSTRIAL PERSONAL 93,695,059 N/A 93,695,059 93,695,059
M. MOBILE HOMES 13,745,569 N/A 13,745,569 13,745,569
N. INTANGIBLE PERSONAL PROP 25,820 N/A 25,820 25,820
O. RESIDENTIAL INVENTORY 235,025 N/A 235,025 235,025
S. SPECIAL INVENTORY 7,191,059 N/A 7,191,059 7,191,059
Subtotal 1,327,065,331 1,362,107,625 1,327,065,331
Less Total Deductions 189,449,730 195,926,686 189,449,730
Total Taxable Value 1,137,615,601 1,166,180,939 1,137,615,601

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
1,178,867,829 1,137,615,601 1,178,867,829 1,137,615,601


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
41,252,228 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
1,178,867,829 1,137,615,601 1,178,867,829 1,137,615,601

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