taxes Property Tax Assistance

2022 ISD Summary Worksheet

Palestine ISD (all splits)   Anderson County  

001-Anderson/Anderson County

001-907/Palestine ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 595,382,175 0.9266 642,544,976 595,382,175
B - MULTIFAMILY 38,301,557 N/A 38,301,557 38,301,557
C1 - VACANT LOTS 14,491,145 N/A 14,491,145 14,491,145
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,176,829 1.0186 10,973,172 11,176,829
D2 - FARM & RANCH IMP 1,625,838 N/A 1,625,838 1,625,838
E - NON-AG LAND AND IMPROVEMENTS 403,768,944 0.9029 447,191,211 403,768,944
F1 - COMMERCIAL REAL 305,543,096 0.8894 343,538,448 305,543,096
F2 - INDUSTRIAL REAL 37,687,368 N/A 37,687,368 37,687,368
G - ALL MINERALS 2,004,566 N/A 2,004,566 2,004,566
J - ALL UTILITIES 77,715,350 N/A 77,715,350 77,715,350
L1 - COMMERCIAL PERSONAL 116,561,234 0.9390 124,133,370 116,561,234
L2 - INDUSTRIAL PERSONAL 64,044,176 N/A 64,044,176 64,044,176
M1 - MOBILE HOMES 17,511,596 N/A 17,511,596 17,511,596
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 143,551 N/A 143,551 143,551
S - SPECIAL INVENTORY 11,397,802 N/A 11,397,802 11,397,802
Subtotal 1,697,355,227 0 1,833,304,126 1,697,355,227
Less Total Deductions 340,944,965 0 370,545,881 340,944,965
Total Taxable Value 1,356,410,262 0 1,462,758,245 1,356,410,262

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

Measure Value Description
T1 1,414,050,602 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,356,410,262 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,414,050,602 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,356,410,262 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,460,710,602 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,414,050,602 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,356,410,262 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,414,050,602 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,356,410,262 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,460,710,602 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 57,640,340 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 46,660,000 Loss to the previous increase in the state-mandated homestead

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD


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001-907-02/Palestine ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 595,382,175 0.9266 642,544,976 595,382,175
B - MULTIFAMILY 38,301,557 N/A 38,301,557 38,301,557
C1 - VACANT LOTS 14,491,145 N/A 14,491,145 14,491,145
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,176,829 1.0186 10,973,172 11,176,829
D2 - FARM & RANCH IMP 1,625,838 N/A 1,625,838 1,625,838
E - NON-AG LAND AND IMPROVEMENTS 403,768,944 0.9029 447,191,211 403,768,944
F1 - COMMERCIAL REAL 305,543,096 0.8894 343,538,448 305,543,096
F2 - INDUSTRIAL REAL 37,687,368 N/A 37,687,368 37,687,368
G - ALL MINERALS 2,004,566 N/A 2,004,566 2,004,566
J - ALL UTILITIES 77,715,350 N/A 77,715,350 77,715,350
L1 - COMMERCIAL PERSONAL 116,561,234 0.9390 124,133,370 116,561,234
L2 - INDUSTRIAL PERSONAL 64,044,176 N/A 64,044,176 64,044,176
M1 - MOBILE HOMES 17,511,596 N/A 17,511,596 17,511,596
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 143,551 N/A 143,551 143,551
S - SPECIAL INVENTORY 11,397,802 N/A 11,397,802 11,397,802
Subtotal 1,697,355,227 1,833,304,126 1,697,355,227
Less Total Deductions 340,944,965 370,545,881 340,944,965
Total Taxable Value 1,356,410,262 1,462,758,245 1,356,410,262

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

Measure Value Description
T1 1,414,050,602 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,356,410,262 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 1,414,050,602 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,356,410,262 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,460,710,602 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,414,050,602 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,356,410,262 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 1,414,050,602 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,356,410,262 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,460,710,602 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 57,640,340 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 46,660,000 Loss to the previous increase in the state-mandated homestead

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