taxes Property Tax Assistance

2016 ISD Summary Worksheet

182/Palo Pinto

182-905/Strawn ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 12,532,990 .9045 13,856,263 12,532,990
B. Multi-Family Residences 141,260 N/A 141,260 141,260
C1. Vacant Lots 709,700 N/A 709,700 709,700
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,184,150 1.0350 5,008,833 5,184,150
D2. Real Prop Farm & Ranch 644,250 N/A 644,250 644,250
E. Real Prop NonQual Acres 14,439,800 1.0224 14,123,435 14,439,800
F1. Commercial Real 2,486,180 N/A 2,486,180 2,486,180
F2. Industrial Real 847,490 N/A 847,490 847,490
G. Oil, Gas, Minerals 3,886,820 .9892 3,929,256 3,886,820
J. Utilities 14,023,550 .9893 14,175,225 14,023,550
L1. Commercial Personal 1,483,030 N/A 1,483,030 1,483,030
L2. Industrial Personal 3,396,820 N/A 3,396,820 3,396,820
M. Other Personal 441,910 N/A 441,910 441,910
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 60,217,950 61,243,652 60,217,950
Less Total Deductions 6,318,095   6,924,261 6,318,095
Total Taxable Value 53,899,855 54,319,391 53,899,855 T2

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
55,339,244 53,899,855 55,339,244 53,899,855


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,439,389 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
55,339,244 53,899,855 55,339,244 53,899,855

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