taxes Property Tax Assistance

2018 ISD Summary Worksheet

072-Erath

072-910/Morgan Mill ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 14,324,870 N/A 14,324,870 14,324,870
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 1,486,640 N/A 1,486,640 1,486,640
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 5,628,160 N/A 5,628,160 5,628,160
D2. REAL PROP:FARM & RANCH 816,900 N/A 816,900 816,900
E. REAL PROP NONQUAL ACREAGE 66,937,020 N/A 66,937,020 66,937,020
F1. COMMERCIAL REAL 1,706,090 N/A 1,706,090 1,706,090
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 1,270,140 N/A 1,270,140 1,270,140
J. UTILITIES 15,449,170 N/A 15,449,170 15,449,170
L1. COMMERCIAL PERSONAL 1,057,860 N/A 1,057,860 1,057,860
L2. INDUSTRIAL PERSONAL 4,700 N/A 4,700 4,700
M. MOBILE HOMES 958,900 N/A 958,900 958,900
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 390,360 N/A 390,360 390,360
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 110,030,810 0 110,030,810 110,030,810
Less Total Deductions 13,458,067 0 13,458,067 13,458,067
Total Taxable Value 96,572,743 0 96,572,743 96,572,743

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
99,138,233 96,572,743 99,138,233 96,572,743


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,565,490 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
99,138,233 96,572,743 99,138,233 96,572,743

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

072-910-02/Morgan Mill ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 14,324,870 N/A 14,324,870 14,324,870
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 1,486,640 N/A 1,486,640 1,486,640
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 5,628,160 N/A 5,628,160 5,628,160
D2. REAL PROP:FARM & RANCH 816,900 N/A 816,900 816,900
E. REAL PROP NONQUAL ACREAGE 66,937,020 N/A 66,937,020 66,937,020
F1. COMMERCIAL REAL 1,706,090 N/A 1,706,090 1,706,090
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 1,270,140 N/A 1,270,140 1,270,140
J. UTILITIES 15,449,170 N/A 15,449,170 15,449,170
L1. COMMERCIAL PERSONAL 1,057,860 N/A 1,057,860 1,057,860
L2. INDUSTRIAL PERSONAL 4,700 N/A 4,700 4,700
M. MOBILE HOMES 958,900 N/A 958,900 958,900
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 390,360 N/A 390,360 390,360
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 110,030,810 110,030,810 110,030,810
Less Total Deductions 13,458,067 13,458,067 13,458,067
Total Taxable Value 96,572,743 96,572,743 96,572,743

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
99,138,233 96,572,743 99,138,233 96,572,743


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,565,490 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
99,138,233 96,572,743 99,138,233 96,572,743

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