taxes Property Tax Assistance

2018 ISD Summary Worksheet

072-Erath

072-903/Stephenville ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 734,233,900 N/A 734,233,900 734,233,900
B. MULTIFAMILY RESIDENCES 177,270,400 N/A 177,270,400 177,270,400
C1. VACANT LOTS 11,474,570 N/A 11,474,570 11,474,570
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 17,559,850 N/A 17,559,850 17,559,850
D2. REAL PROP:FARM & RANCH 6,972,510 N/A 6,972,510 6,972,510
E. REAL PROP NONQUAL ACREAGE 290,209,340 N/A 290,209,340 290,209,340
F1. COMMERCIAL REAL 296,195,970 N/A 296,195,970 296,195,970
F2. INDUSTRIAL REAL 58,770,250 N/A 58,770,250 58,770,250
G. OIL,GAS,MINERALS 799,820 N/A 799,820 799,820
J. UTILITIES 67,061,180 N/A 67,061,180 67,061,180
L1. COMMERCIAL PERSONAL 112,546,780 N/A 112,546,780 112,546,780
L2. INDUSTRIAL PERSONAL 331,261,660 N/A 331,261,660 331,261,660
M. MOBILE HOMES 9,571,480 N/A 9,571,480 9,571,480
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 4,217,220 N/A 4,217,220 4,217,220
S. SPECIAL INVENTORY 8,029,650 N/A 8,029,650 8,029,650
Subtotal 2,126,174,580 0 2,126,174,580 2,126,174,580
Less Total Deductions 366,623,958 0 366,623,958 366,623,958
Total Taxable Value 1,759,550,622 0 1,759,550,622 1,759,550,622

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
1,801,829,583 1,759,550,622 1,801,829,583 1,759,550,622


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
42,278,961 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
1,801,829,583 1,759,550,622 1,801,829,583 1,759,550,622

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

072-903-02/Stephenville ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 734,233,900 N/A 734,233,900 734,233,900
B. MULTIFAMILY RESIDENCES 177,270,400 N/A 177,270,400 177,270,400
C1. VACANT LOTS 11,474,570 N/A 11,474,570 11,474,570
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 17,559,850 N/A 17,559,850 17,559,850
D2. REAL PROP:FARM & RANCH 6,972,510 N/A 6,972,510 6,972,510
E. REAL PROP NONQUAL ACREAGE 290,209,340 N/A 290,209,340 290,209,340
F1. COMMERCIAL REAL 296,195,970 N/A 296,195,970 296,195,970
F2. INDUSTRIAL REAL 58,770,250 N/A 58,770,250 58,770,250
G. OIL,GAS,MINERALS 799,820 N/A 799,820 799,820
J. UTILITIES 67,061,180 N/A 67,061,180 67,061,180
L1. COMMERCIAL PERSONAL 112,546,780 N/A 112,546,780 112,546,780
L2. INDUSTRIAL PERSONAL 331,261,660 N/A 331,261,660 331,261,660
M. MOBILE HOMES 9,571,480 N/A 9,571,480 9,571,480
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 4,217,220 N/A 4,217,220 4,217,220
S. SPECIAL INVENTORY 8,029,650 N/A 8,029,650 8,029,650
Subtotal 2,126,174,580 2,126,174,580 2,126,174,580
Less Total Deductions 366,623,958 366,623,958 366,623,958
Total Taxable Value 1,759,550,622 1,759,550,622 1,759,550,622

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
1,801,829,583 1,759,550,622 1,801,829,583 1,759,550,622


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
42,278,961 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
1,801,829,583 1,759,550,622 1,801,829,583 1,759,550,622

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