taxes Property Tax Assistance

2019 ISD Summary Worksheet

166-Milam

166-903/Milano ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 19,014,411 0.9602 19,802,553 19,014,411
B. MULTIFAMILY RESIDENCES 37,580 N/A 37,580 37,580
C1. VACANT LOTS 289,300 N/A 289,300 289,300
D1. QUALIFIED AG LAND 4,425,839 1.0461 4,230,757 4,425,839
D2. REAL PROP:FARM & RANCH 5,342,562 N/A 5,342,562 5,342,562
E. REAL PROP NONQUAL ACREAGE 103,097,250 1.0056 102,523,121 103,097,250
F1. COMMERCIAL REAL 2,387,280 N/A 2,387,280 2,387,280
G. OIL,GAS,MINERALS 2,571,260 N/A 2,571,260 2,571,260
J. UTILITIES 24,345,140 0.9222 26,398,981 24,345,140
L1. COMMERCIAL PERSONAL 917,200 N/A 917,200 917,200
L2. INDUSTRIAL PERSONAL 2,027,090 N/A 2,027,090 2,027,090
M. MOBILE HOMES 6,564,180 N/A 6,564,180 6,564,180
S. SPECIAL INVENTORY 17,130 N/A 17,130 17,130
Subtotal 171,036,222 0 173,108,994 171,036,222
Less Total Deductions 34,028,153 0 35,475,862 34,028,153
Total Taxable Value 137,008,069 0 137,633,132 137,008,069

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
140,621,493 137,008,069 140,621,493 137,008,069


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,613,424 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
140,621,493 137,008,069 140,621,493 137,008,069

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

166-903-02/Milano ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 19,014,411 0.9602 19,802,553 19,014,411
B. MULTIFAMILY RESIDENCES 37,580 N/A 37,580 37,580
C1. VACANT LOTS 289,300 N/A 289,300 289,300
D1. QUALIFIED AG LAND 4,425,839 1.0461 4,230,757 4,425,839
D2. REAL PROP:FARM & RANCH 5,342,562 N/A 5,342,562 5,342,562
E. REAL PROP NONQUAL ACREAGE 103,097,250 1.0056 102,523,121 103,097,250
F1. COMMERCIAL REAL 2,387,280 N/A 2,387,280 2,387,280
G. OIL,GAS,MINERALS 2,571,260 N/A 2,571,260 2,571,260
J. UTILITIES 24,345,140 0.9222 26,398,981 24,345,140
L1. COMMERCIAL PERSONAL 917,200 N/A 917,200 917,200
L2. INDUSTRIAL PERSONAL 2,027,090 N/A 2,027,090 2,027,090
M. MOBILE HOMES 6,564,180 N/A 6,564,180 6,564,180
S. SPECIAL INVENTORY 17,130 N/A 17,130 17,130
Subtotal 171,036,222 173,108,994 171,036,222
Less Total Deductions 34,028,153 35,475,862 34,028,153
Total Taxable Value 137,008,069 137,633,132 137,008,069

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
140,621,493 137,008,069 140,621,493 137,008,069


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,613,424 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
140,621,493 137,008,069 140,621,493 137,008,069

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