taxes Property Tax Assistance

2021 ISD Summary Worksheet

182-Palo Pinto /Palo Pinto County

184-904/Millsap ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 5,590,810 N/A 5,590,810 5,590,810
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,283,820 N/A 1,283,820 1,283,820
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,240 N/A 3,240 3,240
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 2,500 N/A 2,500 2,500
F1 - COMMERCIAL REAL 5,020 N/A 5,020 5,020
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 87,190 N/A 87,190 87,190
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 74,500 N/A 74,500 74,500
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 7,047,080 0 7,047,080 7,047,080
Less Total Deductions 1,346,598 0 1,346,598 1,346,598
Total Taxable Value 5,700,482 0 5,700,482 5,700,482

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
5,943,672 5,700,482 5,943,672 5,700,482


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
243,190 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
5,943,672 5,700,482 5,943,672 5,700,482

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

184-904/Millsap ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 251,003,728 1.0009 250,778,028 251,003,728
B - MULTIFAMILY 1,149,870 N/A 1,149,870 1,149,870
C1 - VACANT LOTS 13,258,461 N/A 13,258,461 13,258,461
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,320,414 1.3819 3,126,519 4,320,414
D2 - FARM & RANCH IMP 976,300 N/A 976,300 976,300
E - NON-AG LAND AND IMPROVEMENTS 200,837,812 1.0222 196,476,044 200,837,812
F1 - COMMERCIAL REAL 34,236,510 1.0624 32,225,631 34,236,510
F2 - INDUSTRIAL REAL 5,127,360 N/A 5,127,360 5,127,360
G - ALL MINERALS 213,690 N/A 213,690 213,690
J - ALL UTILITIES 69,748,070 0.9760 71,463,186 69,748,070
L1 - COMMERCIAL PERSONAL 3,751,560 N/A 3,751,560 3,751,560
L2 - INDUSTRIAL PERSONAL 40,022,860 N/A 40,022,860 40,022,860
M1 - MOBILE HOMES 7,968,150 N/A 7,968,150 7,968,150
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,831,100 N/A 1,831,100 1,831,100
S - SPECIAL INVENTORY 15,850 N/A 15,850 15,850
Subtotal 634,461,735 0 628,384,609 634,461,735
Less Total Deductions 107,379,974 0 107,251,940 107,379,974
Total Taxable Value 527,081,761 0 521,132,669 527,081,761

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
539,000,405 527,081,761 539,000,405 527,081,761


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,918,644 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
539,000,405 527,081,761 539,000,405 527,081,761

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

184-904-02/Millsap ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 256,594,538 1.0009 256,368,838 256,594,538
B - MULTIFAMILY 1,149,870 N/A 1,149,870 1,149,870
C1 - VACANT LOTS 14,542,281 N/A 14,542,281 14,542,281
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,323,654 1.3815 3,129,759 4,323,654
D2 - FARM & RANCH IMP 976,300 N/A 976,300 976,300
E - NON-AG LAND AND IMPROVEMENTS 200,840,312 1.0222 196,478,544 200,840,312
F1 - COMMERCIAL REAL 34,241,530 1.0624 32,230,651 34,241,530
F2 - INDUSTRIAL REAL 5,127,360 N/A 5,127,360 5,127,360
G - ALL MINERALS 213,690 N/A 213,690 213,690
J - ALL UTILITIES 69,835,260 0.9760 71,550,376 69,835,260
L1 - COMMERCIAL PERSONAL 3,751,560 N/A 3,751,560 3,751,560
L2 - INDUSTRIAL PERSONAL 40,022,860 N/A 40,022,860 40,022,860
M1 - MOBILE HOMES 8,042,650 N/A 8,042,650 8,042,650
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,831,100 N/A 1,831,100 1,831,100
S - SPECIAL INVENTORY 15,850 N/A 15,850 15,850
Subtotal 641,508,815 635,431,689 641,508,815
Less Total Deductions 108,726,572 108,598,538 108,726,572
Total Taxable Value 532,782,243 526,833,151 532,782,243

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
544,944,077 532,782,243 544,944,077 532,782,243


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,161,834 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
544,944,077 532,782,243 544,944,077 532,782,243

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