taxes Property Tax Assistance

2020 ISD Summary Worksheet

182-Palo Pinto /Palo Pinto County

182-906/Palo Pinto ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 484,438,094 0.9592 505,043,884 484,438,094
B - MULTIFAMILY 2,508,400 N/A 2,508,400 2,508,400
C1 - VACANT LOTS 50,467,509 0.9114 55,373,611 50,467,509
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,887,012 1.1189 7,048,805 7,887,012
D2 - FARM & RANCH IMP 896,530 N/A 896,530 896,530
E - NON-AG LAND AND IMPROVEMENTS 29,365,300 N/A 29,365,300 29,365,300
F1 - COMMERCIAL REAL 11,000,630 N/A 11,000,630 11,000,630
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 1,339,030 N/A 1,339,030 1,339,030
J - ALL UTILITIES 7,516,020 N/A 7,516,020 7,516,020
L1 - COMMERCIAL PERSONAL 2,213,610 N/A 2,213,610 2,213,610
L2 - INDUSTRIAL PERSONAL 1,377,660 N/A 1,377,660 1,377,660
M1 - MOBILE HOMES 1,246,580 N/A 1,246,580 1,246,580
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,044,140 N/A 2,044,140 2,044,140
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 602,300,515 0 626,974,200 602,300,515
Less Total Deductions 33,155,514 0 35,798,007 33,155,514
Total Taxable Value 569,145,001 0 591,176,193 569,145,001

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
571,957,321 569,145,001 561,970,357 559,158,037


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,812,320 9,986,964


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
571,957,321 569,145,001 561,970,357 559,158,037

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

182-906-02/Palo Pinto ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 484,438,094 0.9592 505,043,884 484,438,094
B - MULTIFAMILY 2,508,400 N/A 2,508,400 2,508,400
C1 - VACANT LOTS 50,467,509 0.9114 55,373,611 50,467,509
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,887,012 1.1189 7,048,805 7,887,012
D2 - FARM & RANCH IMP 896,530 N/A 896,530 896,530
E - NON-AG LAND AND IMPROVEMENTS 29,365,300 N/A 29,365,300 29,365,300
F1 - COMMERCIAL REAL 11,000,630 N/A 11,000,630 11,000,630
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 1,339,030 N/A 1,339,030 1,339,030
J - ALL UTILITIES 7,516,020 N/A 7,516,020 7,516,020
L1 - COMMERCIAL PERSONAL 2,213,610 N/A 2,213,610 2,213,610
L2 - INDUSTRIAL PERSONAL 1,377,660 N/A 1,377,660 1,377,660
M1 - MOBILE HOMES 1,246,580 N/A 1,246,580 1,246,580
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,044,140 N/A 2,044,140 2,044,140
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 602,300,515 626,974,200 602,300,515
Less Total Deductions 33,155,514 35,798,007 33,155,514
Total Taxable Value 569,145,001 591,176,193 569,145,001

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
571,957,321 569,145,001 561,970,357 559,158,037


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,812,320 9,986,964


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
571,957,321 569,145,001 561,970,357 559,158,037

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