taxes Property Tax Assistance

2020 ISD Summary Worksheet

072-Erath /Erath County

111-902/Lipan ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 647,460 N/A 647,460 647,460
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 68,480 N/A 68,480 68,480
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,012,610 N/A 2,012,610 2,012,610
D2 - FARM & RANCH IMP 190,120 N/A 190,120 190,120
E - NON-AG LAND AND IMPROVEMENTS 16,141,490 N/A 16,141,490 16,141,490
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 1,092,530 N/A 1,092,530 1,092,530
J - ALL UTILITIES 10,408,340 N/A 10,408,340 10,408,340
L1 - COMMERCIAL PERSONAL 35,560 N/A 35,560 35,560
L2 - INDUSTRIAL PERSONAL 92,830 N/A 92,830 92,830
M1 - MOBILE HOMES 292,220 N/A 292,220 292,220
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 28,880 N/A 28,880 28,880
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 31,010,520 0 31,010,520 31,010,520
Less Total Deductions 2,198,776 0 2,198,776 2,198,776
Total Taxable Value 28,811,744 0 28,811,744 28,811,744

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
29,158,194 28,811,744 29,158,194 28,811,744


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
346,450 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
29,158,194 28,811,744 29,158,194 28,811,744

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

111-Hood /Hood County

111-902/Lipan ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 27,656,328 1.0502 26,334,344 27,656,328
B - MULTIFAMILY 230,640 N/A 230,640 230,640
C1 - VACANT LOTS 1,249,002 N/A 1,249,002 1,249,002
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,891,650 1.7804 3,309,193 5,891,650
D2 - FARM & RANCH IMP 3,769,040 N/A 3,769,040 3,769,040
E - NON-AG LAND AND IMPROVEMENTS 67,692,080 0.9057 74,740,068 67,692,080
F1 - COMMERCIAL REAL 2,983,020 N/A 2,983,020 2,983,020
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 170,420 N/A 170,420 170,420
J - ALL UTILITIES 15,634,770 0.9095 17,190,511 15,634,770
L1 - COMMERCIAL PERSONAL 657,540 N/A 657,540 657,540
L2 - INDUSTRIAL PERSONAL 248,300 N/A 248,300 248,300
M1 - MOBILE HOMES 2,541,880 N/A 2,541,880 2,541,880
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 128,724,670 0 133,423,958 128,724,670
Less Total Deductions 19,574,513 0 18,426,904 19,574,513
Total Taxable Value 109,150,157 0 114,997,054 109,150,157

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
112,289,885 109,150,157 112,289,885 109,150,157


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,139,728 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
112,289,885 109,150,157 112,289,885 109,150,157

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

182-Palo Pinto /Palo Pinto County

111-902/Lipan ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 5,369,740 1.0035 5,351,011 5,369,740
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 77,760 N/A 77,760 77,760
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 788,550 1.0331 763,284 788,550
D2 - FARM & RANCH IMP 511,100 N/A 511,100 511,100
E - NON-AG LAND AND IMPROVEMENTS 26,746,680 0.9647 27,725,386 26,746,680
F1 - COMMERCIAL REAL 627,930 N/A 627,930 627,930
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 3,900 N/A 3,900 3,900
J - ALL UTILITIES 1,342,240 N/A 1,342,240 1,342,240
L1 - COMMERCIAL PERSONAL 1,323,440 N/A 1,323,440 1,323,440
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 705,420 N/A 705,420 705,420
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 37,496,760 0 38,431,471 37,496,760
Less Total Deductions 7,149,683 0 7,111,020 7,149,683
Total Taxable Value 30,347,077 0 31,320,451 30,347,077

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
31,363,627 30,347,077 31,363,627 30,347,077


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,016,550 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
31,363,627 30,347,077 31,363,627 30,347,077

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

184-Parker /Parker County

111-902/Lipan ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 432,040 N/A 432,040 432,040
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 544,040 N/A 544,040 544,040
D2 - FARM & RANCH IMP 12,910 N/A 12,910 12,910
E - NON-AG LAND AND IMPROVEMENTS 3,703,350 N/A 3,703,350 3,703,350
F1 - COMMERCIAL REAL 1,312,420 N/A 1,312,420 1,312,420
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 38,550 N/A 38,550 38,550
J - ALL UTILITIES 5,358,980 N/A 5,358,980 5,358,980
L1 - COMMERCIAL PERSONAL 2,100 N/A 2,100 2,100
L2 - INDUSTRIAL PERSONAL 59,267,190 N/A 59,267,190 59,267,190
M1 - MOBILE HOMES 28,820 N/A 28,820 28,820
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 70,700,400 0 70,700,400 70,700,400
Less Total Deductions 132,882 0 132,882 132,882
Total Taxable Value 70,567,518 0 70,567,518 70,567,518

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
70,607,518 70,567,518 70,607,518 70,567,518


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,000 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
70,607,518 70,567,518 70,607,518 70,567,518

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

111-902-02/Lipan ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 34,105,568 1.0409 32,764,855 34,105,568
B - MULTIFAMILY 230,640 N/A 230,640 230,640
C1 - VACANT LOTS 1,395,242 N/A 1,395,242 1,395,242
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,236,850 1.3934 6,629,127 9,236,850
D2 - FARM & RANCH IMP 4,483,170 N/A 4,483,170 4,483,170
E - NON-AG LAND AND IMPROVEMENTS 114,283,600 0.9344 122,310,294 114,283,600
F1 - COMMERCIAL REAL 4,923,370 N/A 4,923,370 4,923,370
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 1,305,400 N/A 1,305,400 1,305,400
J - ALL UTILITIES 32,744,330 0.9546 34,300,071 32,744,330
L1 - COMMERCIAL PERSONAL 2,018,640 N/A 2,018,640 2,018,640
L2 - INDUSTRIAL PERSONAL 59,608,320 N/A 59,608,320 59,608,320
M1 - MOBILE HOMES 3,568,340 N/A 3,568,340 3,568,340
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 28,880 N/A 28,880 28,880
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 267,932,350 273,566,349 267,932,350
Less Total Deductions 29,055,854 27,869,582 29,055,854
Total Taxable Value 238,876,496 245,696,767 238,876,496

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
243,419,224 238,876,496 243,419,224 238,876,496


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,542,728 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
243,419,224 238,876,496 243,419,224 238,876,496

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