taxes Property Tax Assistance

2019 ISD Summary Worksheet

166-Milam

166-905/Thorndale ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 77,552,862 1.0053 77,143,999 77,552,862
B. MULTIFAMILY RESIDENCES 1,294,110 N/A 1,294,110 1,294,110
C1. VACANT LOTS 734,960 N/A 734,960 734,960
D1. QUALIFIED AG LAND 13,805,343 1.2539 11,010,062 13,805,343
D2. REAL PROP:FARM & RANCH 5,929,542 N/A 5,929,542 5,929,542
E. REAL PROP NONQUAL ACREAGE 86,055,521 1.0494 82,004,499 86,055,521
F1. COMMERCIAL REAL 7,345,550 N/A 7,345,550 7,345,550
F2. INDUSTRIAL REAL 436,780 N/A 436,780 436,780
J. UTILITIES 16,012,930 0.9674 16,552,543 16,012,930
L1. COMMERCIAL PERSONAL 3,562,910 N/A 3,562,910 3,562,910
L2. INDUSTRIAL PERSONAL 847,590 N/A 847,590 847,590
M. MOBILE HOMES 3,655,890 N/A 3,655,890 3,655,890
S. SPECIAL INVENTORY 5,200 N/A 5,200 5,200
Subtotal 217,239,188 0 210,523,635 217,239,188
Less Total Deductions 48,906,456 0 48,611,386 48,906,456
Total Taxable Value 168,332,732 0 161,912,249 168,332,732

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
174,647,851 168,332,732 174,647,851 168,332,732


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,315,119 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
174,647,851 168,332,732 174,647,851 168,332,732

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

166-905-02/Thorndale ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 77,552,862 1.0053 77,143,999 77,552,862
B. MULTIFAMILY RESIDENCES 1,294,110 N/A 1,294,110 1,294,110
C1. VACANT LOTS 734,960 N/A 734,960 734,960
D1. QUALIFIED AG LAND 13,805,343 1.2539 11,010,062 13,805,343
D2. REAL PROP:FARM & RANCH 5,929,542 N/A 5,929,542 5,929,542
E. REAL PROP NONQUAL ACREAGE 86,055,521 1.0494 82,004,499 86,055,521
F1. COMMERCIAL REAL 7,345,550 N/A 7,345,550 7,345,550
F2. INDUSTRIAL REAL 436,780 N/A 436,780 436,780
J. UTILITIES 16,012,930 0.9674 16,552,543 16,012,930
L1. COMMERCIAL PERSONAL 3,562,910 N/A 3,562,910 3,562,910
L2. INDUSTRIAL PERSONAL 847,590 N/A 847,590 847,590
M. MOBILE HOMES 3,655,890 N/A 3,655,890 3,655,890
S. SPECIAL INVENTORY 5,200 N/A 5,200 5,200
Subtotal 217,239,188 210,523,635 217,239,188
Less Total Deductions 48,906,456 48,611,386 48,906,456
Total Taxable Value 168,332,732 161,912,249 168,332,732

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
174,647,851 168,332,732 174,647,851 168,332,732


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,315,119 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
174,647,851 168,332,732 174,647,851 168,332,732

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