taxes Property Tax Assistance

2023 ISD Summary Worksheet

018-Bosque/Bosque County

018-903/Morgan ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 66,557,197 N/A 66,557,197 66,557,197
B - MULTIFAMILY 635,005 N/A 635,005 635,005
C1 - VACANT LOTS 6,387,022 N/A 6,387,022 6,387,022
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,352,516 N/A 3,352,516 3,352,516
D2 - FARM & RANCH IMP 4,963,840 N/A 4,963,840 4,963,840
E - NON-AG LAND AND IMPROVEMENTS 63,903,725 N/A 63,903,725 63,903,725
F1 - COMMERCIAL REAL 2,416,740 N/A 2,416,740 2,416,740
F2 - INDUSTRIAL REAL 285,367 N/A 285,367 285,367
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 19,408,189 N/A 19,408,189 19,408,189
L1 - COMMERCIAL PERSONAL 815,015 N/A 815,015 815,015
L2 - INDUSTRIAL PERSONAL 56,299 N/A 56,299 56,299
M1 - MOBILE HOMES 2,771,229 N/A 2,771,229 2,771,229
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,659,405 N/A 1,659,405 1,659,405
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 173,211,549 0 173,211,549 173,211,549
Less Total Deductions 46,559,779 0 46,559,779 46,559,779
Total Taxable Value 126,651,770 0 126,651,770 126,651,770

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 137,626,211 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 126,651,770 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 137,626,211 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 126,651,770 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 141,751,211 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 144,501,211 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 132,515,040 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 137,626,211 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 126,651,770 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 137,626,211 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 126,651,770 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 141,751,211 T13 plus the loss to the chapter 313 agreement
T16 144,501,211 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 132,515,040 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 10,974,441 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 4,125,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,750,000 Loss to Second Previous Homestead Increase

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

018-903-02/Morgan ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 66,557,197 N/A 66,557,197 66,557,197
B - MULTIFAMILY 635,005 N/A 635,005 635,005
C1 - VACANT LOTS 6,387,022 N/A 6,387,022 6,387,022
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,352,516 N/A 3,352,516 3,352,516
D2 - FARM & RANCH IMP 4,963,840 N/A 4,963,840 4,963,840
E - NON-AG LAND AND IMPROVEMENTS 63,903,725 N/A 63,903,725 63,903,725
F1 - COMMERCIAL REAL 2,416,740 N/A 2,416,740 2,416,740
F2 - INDUSTRIAL REAL 285,367 N/A 285,367 285,367
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 19,408,189 N/A 19,408,189 19,408,189
L1 - COMMERCIAL PERSONAL 815,015 N/A 815,015 815,015
L2 - INDUSTRIAL PERSONAL 56,299 N/A 56,299 56,299
M1 - MOBILE HOMES 2,771,229 N/A 2,771,229 2,771,229
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,659,405 N/A 1,659,405 1,659,405
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 173,211,549 173,211,549 173,211,549
Less Total Deductions 46,559,779 46,559,779 46,559,779
Total Taxable Value 126,651,770 126,651,770 126,651,770

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 137,626,211 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 126,651,770 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 137,626,211 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 126,651,770 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 141,751,211 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 144,501,211 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 132,515,040 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 137,626,211 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 126,651,770 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 137,626,211 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 126,651,770 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 141,751,211 T13 plus the loss to the chapter 313 agreement
T16 144,501,211 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 132,515,040 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 10,974,441 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 4,125,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,750,000 Loss to Second Previous Homestead Increase