taxes Property Tax Assistance

2020 ISD Summary Worksheet

070-Ellis /Ellis County

070-909/Milford ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	33,321,323	1.0025	33,238,227	33,321,323
B - MULTIFAMILY	379,480	N/A	379,480	379,480
C1 - VACANT LOTS	1,321,430	N/A	1,321,430	1,321,430
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,023,000	2.9813	1,349,391	4,023,000
D2 - FARM & RANCH IMP	1,424,827	N/A	1,424,827	1,424,827
E - NON-AG LAND AND IMPROVEMENTS	24,340,736	0.9477	25,684,010	24,340,736
F1 - COMMERCIAL REAL	4,266,860	N/A	4,266,860	4,266,860
F2 - INDUSTRIAL REAL	227,740	N/A	227,740	227,740
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	18,100,320	0.7967	22,719,116	18,100,320
L1 - COMMERCIAL PERSONAL	1,771,503	N/A	1,771,503	1,771,503
L2 - INDUSTRIAL PERSONAL	2,954,950	N/A	2,954,950	2,954,950
M1 - MOBILE HOMES	1,441,380	N/A	1,441,380	1,441,380
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	24,000	N/A	24,000	24,000
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	93,597,549	0	96,802,914	93,597,549
Less Total Deductions	16,001,656	0	15,961,361	16,001,656
Total Taxable Value	77,595,893	0	80,841,553	77,595,893

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
79,436,041	77,595,893	79,436,041	77,595,893

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,840,148	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
79,436,041	77,595,893	79,436,041	77,595,893

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

109-Hill /Hill County

070-909/Milford ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	4,697,420	0.9922	4,734,348	4,697,420
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	238,560	N/A	238,560	238,560
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	800,670	1.6605	482,175	800,670
D2 - FARM & RANCH IMP	400,110	N/A	400,110	400,110
E - NON-AG LAND AND IMPROVEMENTS	9,291,640	0.9357	9,930,149	9,291,640
F1 - COMMERCIAL REAL	221,220	N/A	221,220	221,220
F2 - INDUSTRIAL REAL	3,562,240	N/A	3,562,240	3,562,240
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	639,050	N/A	639,050	639,050
L1 - COMMERCIAL PERSONAL	91,100	N/A	91,100	91,100
L2 - INDUSTRIAL PERSONAL	15,934,170	N/A	15,934,170	15,934,170
M1 - MOBILE HOMES	461,570	N/A	461,570	461,570
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	36,337,750	0	36,694,692	36,337,750
Less Total Deductions	2,390,061	0	2,413,940	2,390,061
Total Taxable Value	33,947,689	0	34,280,752	33,947,689

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
34,383,415	33,947,689	34,383,415	33,947,689

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
435,726	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
34,383,415	33,947,689	34,383,415	33,947,689

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	38,018,743	1.0012	37,972,575	38,018,743
B - MULTIFAMILY	379,480	N/A	379,480	379,480
C1 - VACANT LOTS	1,559,990	N/A	1,559,990	1,559,990
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,823,670	2.6336	1,831,566	4,823,670
D2 - FARM & RANCH IMP	1,824,937	N/A	1,824,937	1,824,937
E - NON-AG LAND AND IMPROVEMENTS	33,632,376	0.9444	35,614,159	33,632,376
F1 - COMMERCIAL REAL	4,488,080	N/A	4,488,080	4,488,080
F2 - INDUSTRIAL REAL	3,789,980	N/A	3,789,980	3,789,980
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	18,739,370	0.8023	23,358,166	18,739,370
L1 - COMMERCIAL PERSONAL	1,862,603	N/A	1,862,603	1,862,603
L2 - INDUSTRIAL PERSONAL	18,889,120	N/A	18,889,120	18,889,120
M1 - MOBILE HOMES	1,902,950	N/A	1,902,950	1,902,950
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	24,000	N/A	24,000	24,000
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	129,935,299		133,497,606	129,935,299
Less Total Deductions	18,391,717		18,375,301	18,391,717
Total Taxable Value	111,543,582		115,122,305	111,543,582

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
113,819,456	111,543,582	113,819,456	111,543,582

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,275,874	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
113,819,456	111,543,582	113,819,456	111,543,582

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