taxes Property Tax Assistance

2019 ISD Summary Worksheet

072-Erath

072-910/Morgan Mill ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	14,897,200	0.9279	16,054,747	14,897,200
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	1,577,340	N/A	1,577,340	1,577,340
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	5,682,230	1.5064	3,772,041	5,682,230
D2. REAL PROP:FARM & RANCH	1,198,700	N/A	1,198,700	1,198,700
E. REAL PROP NONQUAL ACREAGE	70,293,890	0.9309	75,511,752	70,293,890
F1. COMMERCIAL REAL	2,784,480	N/A	2,784,480	2,784,480
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	1,239,880	N/A	1,239,880	1,239,880
J. UTILITIES	16,775,930	0.9738	17,227,285	16,775,930
L1. COMMERCIAL PERSONAL	1,416,850	N/A	1,416,850	1,416,850
L2. INDUSTRIAL PERSONAL	4,700	N/A	4,700	4,700
M. MOBILE HOMES	921,450	N/A	921,450	921,450
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	279,560	N/A	279,560	279,560
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	117,072,210	0	121,988,785	117,072,210
Less Total Deductions	13,632,644	0	15,505,132	13,632,644
Total Taxable Value	103,439,566	0	106,483,653	103,439,566

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
106,080,866	103,439,566	106,080,866	103,439,566

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,641,300	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
106,080,866	103,439,566	106,080,866	103,439,566

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	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	14,897,200	0.9279	16,054,747	14,897,200
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	1,577,340	N/A	1,577,340	1,577,340
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	5,682,230	1.5064	3,772,041	5,682,230
D2. REAL PROP:FARM & RANCH	1,198,700	N/A	1,198,700	1,198,700
E. REAL PROP NONQUAL ACREAGE	70,293,890	0.9309	75,511,752	70,293,890
F1. COMMERCIAL REAL	2,784,480	N/A	2,784,480	2,784,480
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	1,239,880	N/A	1,239,880	1,239,880
J. UTILITIES	16,775,930	0.9738	17,227,285	16,775,930
L1. COMMERCIAL PERSONAL	1,416,850	N/A	1,416,850	1,416,850
L2. INDUSTRIAL PERSONAL	4,700	N/A	4,700	4,700
M. MOBILE HOMES	921,450	N/A	921,450	921,450
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	279,560	N/A	279,560	279,560
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	117,072,210		121,988,785	117,072,210
Less Total Deductions	13,632,644		15,505,132	13,632,644
Total Taxable Value	103,439,566		106,483,653	103,439,566

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
106,080,866	103,439,566	106,080,866	103,439,566

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,641,300	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
106,080,866	103,439,566	106,080,866	103,439,566

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