taxes Property Tax Assistance

2018 ISD Summary Worksheet

072-Erath

072-901/Three Way ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 2,038,780 N/A 2,038,780 2,038,780
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 129,560 N/A 129,560 129,560
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 6,157,830 N/A 6,157,830 6,157,830
D2. REAL PROP:FARM & RANCH 574,560 N/A 574,560 574,560
E. REAL PROP NONQUAL ACREAGE 37,698,740 N/A 37,698,740 37,698,740
F1. COMMERCIAL REAL 665,580 N/A 665,580 665,580
F2. INDUSTRIAL REAL 4,530 N/A 4,530 4,530
G. OIL,GAS,MINERALS 227,470 N/A 227,470 227,470
J. UTILITIES 3,896,440 N/A 3,896,440 3,896,440
L1. COMMERCIAL PERSONAL 1,223,480 N/A 1,223,480 1,223,480
L2. INDUSTRIAL PERSONAL 0 N/A 0 0
M. MOBILE HOMES 740,360 N/A 740,360 740,360
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 53,357,330 0 53,357,330 53,357,330
Less Total Deductions 5,639,755 0 5,639,755 5,639,755
Total Taxable Value 47,717,575 0 47,717,575 47,717,575

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
48,930,355 47,717,575 48,930,355 47,717,575


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,212,780 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
48,930,355 47,717,575 48,930,355 47,717,575

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 TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

213-Somervell

072-901/Three Way ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,591,910 N/A 1,591,910 1,591,910
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 45,340 N/A 45,340 45,340
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 103,540 N/A 103,540 103,540
D2. REAL PROP:FARM & RANCH 0 N/A 0 0
E. REAL PROP NONQUAL ACREAGE 3,024,190 N/A 3,024,190 3,024,190
F1. COMMERCIAL REAL 0 N/A 0 0
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 242,640 N/A 242,640 242,640
L1. COMMERCIAL PERSONAL 0 N/A 0 0
L2. INDUSTRIAL PERSONAL 0 N/A 0 0
M. MOBILE HOMES 12,050 N/A 12,050 12,050
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 5,019,670 0 5,019,670 5,019,670
Less Total Deductions 598,490 0 598,490 598,490
Total Taxable Value 4,421,180 0 4,421,180 4,421,180

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
4,528,710 4,421,180 4,528,710 4,421,180


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
107,530 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
4,528,710 4,421,180 4,528,710 4,421,180

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 TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

072-901-02/Three Way ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 3,630,690 N/A 3,630,690 3,630,690
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 174,900 N/A 174,900 174,900
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 6,261,370 N/A 6,261,370 6,261,370
D2. REAL PROP:FARM & RANCH 574,560 N/A 574,560 574,560
E. REAL PROP NONQUAL ACREAGE 40,722,930 N/A 40,722,930 40,722,930
F1. COMMERCIAL REAL 665,580 N/A 665,580 665,580
F2. INDUSTRIAL REAL 4,530 N/A 4,530 4,530
G. OIL,GAS,MINERALS 227,470 N/A 227,470 227,470
J. UTILITIES 4,139,080 N/A 4,139,080 4,139,080
L1. COMMERCIAL PERSONAL 1,223,480 N/A 1,223,480 1,223,480
L2. INDUSTRIAL PERSONAL 0 N/A 0 0
M. MOBILE HOMES 752,410 N/A 752,410 752,410
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 58,377,000 58,377,000 58,377,000
Less Total Deductions 6,238,245 6,238,245 6,238,245
Total Taxable Value 52,138,755 52,138,755 52,138,755

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
53,459,065 52,138,755 53,459,065 52,138,755


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,320,310 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
53,459,065 52,138,755 53,459,065 52,138,755

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