taxes Property Tax Assistance

2022 ISD Summary Worksheet

175-Navarro /Navarro County

175-910/Mildred ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 508,222,190 0.8781 578,774,843 508,222,190
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 119,133,398 0.8696 136,997,928 119,133,398
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,258,004 1.1425 2,851,538 3,258,004
D2 - FARM & RANCH IMP 1,515,670 N/A 1,515,670 1,515,670
E - NON-AG LAND AND IMPROVEMENTS 80,652,900 0.9924 81,270,556 80,652,900
F1 - COMMERCIAL REAL 12,240,700 N/A 12,240,700 12,240,700
F2 - INDUSTRIAL REAL 15,707,710 N/A 15,707,710 15,707,710
G - ALL MINERALS 5,674,080 N/A 5,674,080 5,674,080
J - ALL UTILITIES 39,142,220 N/A 39,142,220 39,142,220
L1 - COMMERCIAL PERSONAL 5,090,210 N/A 5,090,210 5,090,210
L2 - INDUSTRIAL PERSONAL 70,469,320 N/A 70,469,320 70,469,320
M1 - MOBILE HOMES 7,765,160 N/A 7,765,160 7,765,160
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 313,240 N/A 313,240 313,240
S - SPECIAL INVENTORY 129,900 N/A 129,900 129,900
Subtotal 869,314,702 0 957,943,075 869,314,702
Less Total Deductions 126,613,365 0 151,169,585 126,613,365
Total Taxable Value 742,701,337 0 806,773,490 742,701,337

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
756,327,515 742,701,337 756,327,515 742,701,337 767,737,515


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
13,626,178 0 11,410,000


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
756,327,515 742,701,337 756,327,515 742,701,337 767,737,515

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

175-910-02/Mildred ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 508,222,190 0.8781 578,774,843 508,222,190
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 119,133,398 0.8696 136,997,928 119,133,398
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,258,004 1.1425 2,851,538 3,258,004
D2 - FARM & RANCH IMP 1,515,670 N/A 1,515,670 1,515,670
E - NON-AG LAND AND IMPROVEMENTS 80,652,900 0.9924 81,270,556 80,652,900
F1 - COMMERCIAL REAL 12,240,700 N/A 12,240,700 12,240,700
F2 - INDUSTRIAL REAL 15,707,710 N/A 15,707,710 15,707,710
G - ALL MINERALS 5,674,080 N/A 5,674,080 5,674,080
J - ALL UTILITIES 39,142,220 N/A 39,142,220 39,142,220
L1 - COMMERCIAL PERSONAL 5,090,210 N/A 5,090,210 5,090,210
L2 - INDUSTRIAL PERSONAL 70,469,320 N/A 70,469,320 70,469,320
M1 - MOBILE HOMES 7,765,160 N/A 7,765,160 7,765,160
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 313,240 N/A 313,240 313,240
S - SPECIAL INVENTORY 129,900 N/A 129,900 129,900
Subtotal 869,314,702 957,943,075 869,314,702
Less Total Deductions 126,613,365 151,169,585 126,613,365
Total Taxable Value 742,701,337 806,773,490 742,701,337

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
756,327,515 742,701,337 756,327,515 742,701,337 767,737,515


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
13,626,178 0 11,410,000


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
756,327,515 742,701,337 756,327,515 742,701,337 767,737,515

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