taxes Property Tax Assistance

2022 ISD Summary Worksheet

166-Milam /Milam County

166-905/Thorndale ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 106,871,771 N/A 106,871,771 106,871,771
B - MULTIFAMILY 2,759,600 N/A 2,759,600 2,759,600
C1 - VACANT LOTS 1,850,500 N/A 1,850,500 1,850,500
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,480,292 N/A 11,480,292 11,480,292
D2 - FARM & RANCH IMP 6,530,161 N/A 6,530,161 6,530,161
E - NON-AG LAND AND IMPROVEMENTS 127,166,251 N/A 127,166,251 127,166,251
F1 - COMMERCIAL REAL 11,855,590 N/A 11,855,590 11,855,590
F2 - INDUSTRIAL REAL 327,820 N/A 327,820 327,820
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 21,265,730 N/A 21,265,730 21,265,730
L1 - COMMERCIAL PERSONAL 3,348,020 N/A 3,348,020 3,348,020
L2 - INDUSTRIAL PERSONAL 929,700 N/A 929,700 929,700
M1 - MOBILE HOMES 4,697,730 N/A 4,697,730 4,697,730
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 299,083,165 0 299,083,165 299,083,165
Less Total Deductions 66,412,286 0 66,412,286 66,412,286
Total Taxable Value 232,670,879 0 232,670,879 232,670,879

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
242,112,641 232,670,879 242,112,641 232,670,879 250,472,641


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
9,441,762 0 8,360,000


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
242,112,641 232,670,879 242,112,641 232,670,879 250,472,641

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

246-Williamson /Williamson County

166-905/Thorndale ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 6,352,986 0.9578 6,632,894 6,352,986
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 421,269 N/A 421,269 421,269
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,585,610 1.0143 1,563,250 1,585,610
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 26,089,891 0.9466 27,561,685 26,089,891
F1 - COMMERCIAL REAL 170,901 N/A 170,901 170,901
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 2,321,034 0.9135 2,540,814 2,321,034
L1 - COMMERCIAL PERSONAL 398,978 N/A 398,978 398,978
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 5,000 N/A 5,000 5,000
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 37,345,669 0 39,294,791 37,345,669
Less Total Deductions 7,327,838 0 7,635,115 7,327,838
Total Taxable Value 30,017,831 0 31,659,676 30,017,831

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
31,027,842 30,017,831 31,027,842 30,017,831 31,747,842


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
1,010,011 0 720,000


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
31,027,842 30,017,831 31,027,842 30,017,831 31,747,842

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

166-905-02/Thorndale ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 113,224,757 0.9975 113,504,665 113,224,757
B - MULTIFAMILY 2,759,600 N/A 2,759,600 2,759,600
C1 - VACANT LOTS 2,271,769 N/A 2,271,769 2,271,769
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,065,902 1.0017 13,043,542 13,065,902
D2 - FARM & RANCH IMP 6,530,161 N/A 6,530,161 6,530,161
E - NON-AG LAND AND IMPROVEMENTS 153,256,142 0.9905 154,727,936 153,256,142
F1 - COMMERCIAL REAL 12,026,491 N/A 12,026,491 12,026,491
F2 - INDUSTRIAL REAL 327,820 N/A 327,820 327,820
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 23,586,764 0.9908 23,806,544 23,586,764
L1 - COMMERCIAL PERSONAL 3,746,998 N/A 3,746,998 3,746,998
L2 - INDUSTRIAL PERSONAL 929,700 N/A 929,700 929,700
M1 - MOBILE HOMES 4,702,730 N/A 4,702,730 4,702,730
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 336,428,834 338,377,956 336,428,834
Less Total Deductions 73,740,124 74,047,401 73,740,124
Total Taxable Value 262,688,710 264,330,555 262,688,710

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
273,140,483 262,688,710 273,140,483 262,688,710 282,220,483


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
10,451,773 0 9,080,000


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
273,140,483 262,688,710 273,140,483 262,688,710 282,220,483

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