taxes Property Tax Assistance

2022 ISD Summary Worksheet

072-Erath /Erath County

072-903/Stephenville ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	1,170,319,620	N/A	1,170,319,620	1,170,319,620
B - MULTIFAMILY	299,464,190	N/A	299,464,190	299,464,190
C1 - VACANT LOTS	17,297,720	N/A	17,297,720	17,297,720
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	16,107,730	N/A	16,107,730	16,107,730
D2 - FARM & RANCH IMP	9,660,110	N/A	9,660,110	9,660,110
E - NON-AG LAND AND IMPROVEMENTS	523,053,910	N/A	523,053,910	523,053,910
F1 - COMMERCIAL REAL	416,232,900	N/A	416,232,900	416,232,900
F2 - INDUSTRIAL REAL	65,625,130	N/A	65,625,130	65,625,130
G - ALL MINERALS	328,580	N/A	328,580	328,580
J - ALL UTILITIES	152,322,720	N/A	152,322,720	152,322,720
L1 - COMMERCIAL PERSONAL	163,785,860	N/A	163,785,860	163,785,860
L2 - INDUSTRIAL PERSONAL	365,744,810	N/A	365,744,810	365,744,810
M1 - MOBILE HOMES	12,504,870	N/A	12,504,870	12,504,870
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	815,030	N/A	815,030	815,030
S - SPECIAL INVENTORY	13,806,650	N/A	13,806,650	13,806,650
Subtotal	3,227,069,830	0	3,227,069,830	3,227,069,830
Less Total Deductions	449,717,769	0	449,717,769	449,717,769
Total Taxable Value	2,777,352,061	0	2,777,352,061	2,777,352,061

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	T13
2,842,219,620	2,777,352,061	2,842,219,620	2,777,352,061	2,888,209,620

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
64,867,559	0	45,990,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
2,842,219,620	2,777,352,061	2,842,219,620	2,777,352,061	2,888,209,620

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

072-903-02/Stephenville ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	1,170,319,620	N/A	1,170,319,620	1,170,319,620
B - MULTIFAMILY	299,464,190	N/A	299,464,190	299,464,190
C1 - VACANT LOTS	17,297,720	N/A	17,297,720	17,297,720
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	16,107,730	N/A	16,107,730	16,107,730
D2 - FARM & RANCH IMP	9,660,110	N/A	9,660,110	9,660,110
E - NON-AG LAND AND IMPROVEMENTS	523,053,910	N/A	523,053,910	523,053,910
F1 - COMMERCIAL REAL	416,232,900	N/A	416,232,900	416,232,900
F2 - INDUSTRIAL REAL	65,625,130	N/A	65,625,130	65,625,130
G - ALL MINERALS	328,580	N/A	328,580	328,580
J - ALL UTILITIES	152,322,720	N/A	152,322,720	152,322,720
L1 - COMMERCIAL PERSONAL	163,785,860	N/A	163,785,860	163,785,860
L2 - INDUSTRIAL PERSONAL	365,744,810	N/A	365,744,810	365,744,810
M1 - MOBILE HOMES	12,504,870	N/A	12,504,870	12,504,870
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	815,030	N/A	815,030	815,030
S - SPECIAL INVENTORY	13,806,650	N/A	13,806,650	13,806,650
Subtotal	3,227,069,830		3,227,069,830	3,227,069,830
Less Total Deductions	449,717,769		449,717,769	449,717,769
Total Taxable Value	2,777,352,061		2,777,352,061	2,777,352,061

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	T13
2,842,219,620	2,777,352,061	2,842,219,620	2,777,352,061	2,888,209,620

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
64,867,559	0	45,990,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
2,842,219,620	2,777,352,061	2,842,219,620	2,777,352,061	2,888,209,620

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement