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