taxes Property Tax Assistance

2019 ISD Summary Worksheet

072-Erath

072-903/Stephenville ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 792,114,730 0.9409 841,869,200 792,114,730
B. MULTIFAMILY RESIDENCES 179,326,550 0.9412 190,529,696 179,326,550
C1. VACANT LOTS 11,124,770 N/A 11,124,770 11,124,770
D1. QUALIFIED AG LAND 17,718,590 1.4916 11,879,024 17,718,590
D2. REAL PROP:FARM & RANCH 9,279,260 N/A 9,279,260 9,279,260
E. REAL PROP NONQUAL ACREAGE 316,285,710 0.9491 333,248,035 316,285,710
F1. COMMERCIAL REAL 317,207,240 0.9315 340,533,806 317,207,240
F2. INDUSTRIAL REAL 59,740,130 N/A 59,740,130 59,740,130
G. OIL,GAS,MINERALS 922,110 N/A 922,110 922,110
J. UTILITIES 69,712,760 N/A 69,712,760 69,712,760
L1. COMMERCIAL PERSONAL 204,808,910 1.0342 198,036,076 204,808,910
L2. INDUSTRIAL PERSONAL 379,939,970 N/A 379,939,970 379,939,970
M. MOBILE HOMES 9,578,210 N/A 9,578,210 9,578,210
O. RESIDENTIAL INVENTORY 4,050,840 N/A 4,050,840 4,050,840
S. SPECIAL INVENTORY 8,407,320 N/A 8,407,320 8,407,320
Subtotal 2,380,217,100 0 2,468,851,207 2,380,217,100
Less Total Deductions 433,049,550 0 450,429,655 433,049,550
Total Taxable Value 1,947,167,550 0 2,018,421,552 1,947,167,550

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
1,990,069,620 1,947,167,550 1,990,069,620 1,947,167,550


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
42,902,070 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
1,990,069,620 1,947,167,550 1,990,069,620 1,947,167,550

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 792,114,730 0.9409 841,869,200 792,114,730
B. MULTIFAMILY RESIDENCES 179,326,550 0.9412 190,529,696 179,326,550
C1. VACANT LOTS 11,124,770 N/A 11,124,770 11,124,770
D1. QUALIFIED AG LAND 17,718,590 1.4916 11,879,024 17,718,590
D2. REAL PROP:FARM & RANCH 9,279,260 N/A 9,279,260 9,279,260
E. REAL PROP NONQUAL ACREAGE 316,285,710 0.9491 333,248,035 316,285,710
F1. COMMERCIAL REAL 317,207,240 0.9315 340,533,806 317,207,240
F2. INDUSTRIAL REAL 59,740,130 N/A 59,740,130 59,740,130
G. OIL,GAS,MINERALS 922,110 N/A 922,110 922,110
J. UTILITIES 69,712,760 N/A 69,712,760 69,712,760
L1. COMMERCIAL PERSONAL 204,808,910 1.0342 198,036,076 204,808,910
L2. INDUSTRIAL PERSONAL 379,939,970 N/A 379,939,970 379,939,970
M. MOBILE HOMES 9,578,210 N/A 9,578,210 9,578,210
O. RESIDENTIAL INVENTORY 4,050,840 N/A 4,050,840 4,050,840
S. SPECIAL INVENTORY 8,407,320 N/A 8,407,320 8,407,320
Subtotal 2,380,217,100 2,468,851,207 2,380,217,100
Less Total Deductions 433,049,550 450,429,655 433,049,550
Total Taxable Value 1,947,167,550 2,018,421,552 1,947,167,550

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
1,990,069,620 1,947,167,550 1,990,069,620 1,947,167,550


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
42,902,070 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
1,990,069,620 1,947,167,550 1,990,069,620 1,947,167,550

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