taxes Property Tax Assistance

2019 ISD Summary Worksheet

070-Ellis

070-909/Milford ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	23,239,994	N/A	23,239,994	23,239,994
B. MULTIFAMILY RESIDENCES	221,510	N/A	221,510	221,510
C1. VACANT LOTS	778,500	N/A	778,500	778,500
D1. QUALIFIED AG LAND	3,806,327	N/A	3,806,327	3,806,327
D2. REAL PROP:FARM & RANCH	1,179,131	N/A	1,179,131	1,179,131
E. REAL PROP NONQUAL ACREAGE	22,925,989	N/A	22,925,989	22,925,989
F1. COMMERCIAL REAL	3,831,400	N/A	3,831,400	3,831,400
F2. INDUSTRIAL REAL	185,070	N/A	185,070	185,070
J. UTILITIES	18,443,319	N/A	18,443,319	18,443,319
L1. COMMERCIAL PERSONAL	1,999,892	N/A	1,999,892	1,999,892
L2. INDUSTRIAL PERSONAL	2,989,410	N/A	2,989,410	2,989,410
M. MOBILE HOMES	1,352,280	N/A	1,352,280	1,352,280
O. RESIDENTIAL INVENTORY	33,000	N/A	33,000	33,000
Subtotal	80,985,822	0	80,985,822	80,985,822
Less Total Deductions	11,790,950	0	11,790,950	11,790,950
Total Taxable Value	69,194,872	0	69,194,872	69,194,872

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
70,856,796	69,194,872	70,856,796	69,194,872

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,661,924	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
70,856,796	69,194,872	70,856,796	69,194,872

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

070-909-02/Milford ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	23,239,994	N/A	23,239,994	23,239,994
B. MULTIFAMILY RESIDENCES	221,510	N/A	221,510	221,510
C1. VACANT LOTS	778,500	N/A	778,500	778,500
D1. QUALIFIED AG LAND	3,806,327	N/A	3,806,327	3,806,327
D2. REAL PROP:FARM & RANCH	1,179,131	N/A	1,179,131	1,179,131
E. REAL PROP NONQUAL ACREAGE	22,925,989	N/A	22,925,989	22,925,989
F1. COMMERCIAL REAL	3,831,400	N/A	3,831,400	3,831,400
F2. INDUSTRIAL REAL	185,070	N/A	185,070	185,070
J. UTILITIES	18,443,319	N/A	18,443,319	18,443,319
L1. COMMERCIAL PERSONAL	1,999,892	N/A	1,999,892	1,999,892
L2. INDUSTRIAL PERSONAL	2,989,410	N/A	2,989,410	2,989,410
M. MOBILE HOMES	1,352,280	N/A	1,352,280	1,352,280
O. RESIDENTIAL INVENTORY	33,000	N/A	33,000	33,000
Subtotal	80,985,822		80,985,822	80,985,822
Less Total Deductions	11,790,950		11,790,950	11,790,950
Total Taxable Value	69,194,872		69,194,872	69,194,872

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
70,856,796	69,194,872	70,856,796	69,194,872

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,661,924	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
70,856,796	69,194,872	70,856,796	69,194,872

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