taxes Property Tax Assistance

2018 ISD Summary Worksheet

018-Bosque

018-903/Morgan ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 30,566,456 0.8877 34,433,318 30,566,456
B. MULTIFAMILY RESIDENCES 294,329 N/A 294,329 294,329
C1. VACANT LOTS 2,752,779 N/A 2,752,779 2,752,779
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 2,863,734 1.0059 2,846,859 2,863,734
D2. REAL PROP:FARM & RANCH 1,527,165 N/A 1,527,165 1,527,165
E. REAL PROP NONQUAL ACREAGE 23,735,396 0.8085 29,357,323 23,735,396
F1. COMMERCIAL REAL 862,451 N/A 862,451 862,451
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 7,804,555 0.9430 8,276,304 7,804,555
L1. COMMERCIAL PERSONAL 455,459 N/A 455,459 455,459
L2. INDUSTRIAL PERSONAL 143,770 N/A 143,770 143,770
M. MOBILE HOMES 659,795 N/A 659,795 659,795
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,469,867 N/A 1,469,867 1,469,867
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 73,135,756 0 83,079,419 73,135,756
Less Total Deductions 10,415,645 0 12,342,850 10,415,645
Total Taxable Value 62,720,111 0 70,736,569 62,720,111

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
64,875,455 62,720,111 64,875,455 62,720,111


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,155,344 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
64,875,455 62,720,111 64,875,455 62,720,111

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

018-903-02/Morgan ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 30,566,456 0.8877 34,433,318 30,566,456
B. MULTIFAMILY RESIDENCES 294,329 N/A 294,329 294,329
C1. VACANT LOTS 2,752,779 N/A 2,752,779 2,752,779
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 2,863,734 1.0059 2,846,859 2,863,734
D2. REAL PROP:FARM & RANCH 1,527,165 N/A 1,527,165 1,527,165
E. REAL PROP NONQUAL ACREAGE 23,735,396 0.8085 29,357,323 23,735,396
F1. COMMERCIAL REAL 862,451 N/A 862,451 862,451
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 7,804,555 0.9430 8,276,304 7,804,555
L1. COMMERCIAL PERSONAL 455,459 N/A 455,459 455,459
L2. INDUSTRIAL PERSONAL 143,770 N/A 143,770 143,770
M. MOBILE HOMES 659,795 N/A 659,795 659,795
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,469,867 N/A 1,469,867 1,469,867
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 73,135,756 83,079,419 73,135,756
Less Total Deductions 10,415,645 12,342,850 10,415,645
Total Taxable Value 62,720,111 70,736,569 62,720,111

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
64,875,455 62,720,111 64,875,455 62,720,111


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,155,344 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
64,875,455 62,720,111 64,875,455 62,720,111

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