taxes Property Tax Assistance

2020 ISD Summary Worksheet

166-Milam /Milam County

166-903/Milano ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	18,333,591	N/A	18,333,591	18,333,591
B - MULTIFAMILY	41,070	N/A	41,070	41,070
C1 - VACANT LOTS	289,330	N/A	289,330	289,330
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,202,175	N/A	5,202,175	5,202,175
D2 - FARM & RANCH IMP	5,800,201	N/A	5,800,201	5,800,201
E - NON-AG LAND AND IMPROVEMENTS	93,584,681	N/A	93,584,681	93,584,681
F1 - COMMERCIAL REAL	2,185,230	N/A	2,185,230	2,185,230
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	2,575,169	N/A	2,575,169	2,575,169
J - ALL UTILITIES	27,009,390	N/A	27,009,390	27,009,390
L1 - COMMERCIAL PERSONAL	1,011,440	N/A	1,011,440	1,011,440
L2 - INDUSTRIAL PERSONAL	2,364,390	N/A	2,364,390	2,364,390
M1 - MOBILE HOMES	7,043,660	N/A	7,043,660	7,043,660
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	19,790	N/A	19,790	19,790
Subtotal	165,460,117	0	165,460,117	165,460,117
Less Total Deductions	33,144,560	0	33,144,560	33,144,560
Total Taxable Value	132,315,557	0	132,315,557	132,315,557

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
136,029,677	132,315,557	136,029,677	132,315,557

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,714,120	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
136,029,677	132,315,557	136,029,677	132,315,557

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	18,333,591	N/A	18,333,591	18,333,591
B - MULTIFAMILY	41,070	N/A	41,070	41,070
C1 - VACANT LOTS	289,330	N/A	289,330	289,330
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,202,175	N/A	5,202,175	5,202,175
D2 - FARM & RANCH IMP	5,800,201	N/A	5,800,201	5,800,201
E - NON-AG LAND AND IMPROVEMENTS	93,584,681	N/A	93,584,681	93,584,681
F1 - COMMERCIAL REAL	2,185,230	N/A	2,185,230	2,185,230
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	2,575,169	N/A	2,575,169	2,575,169
J - ALL UTILITIES	27,009,390	N/A	27,009,390	27,009,390
L1 - COMMERCIAL PERSONAL	1,011,440	N/A	1,011,440	1,011,440
L2 - INDUSTRIAL PERSONAL	2,364,390	N/A	2,364,390	2,364,390
M1 - MOBILE HOMES	7,043,660	N/A	7,043,660	7,043,660
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	19,790	N/A	19,790	19,790
Subtotal	165,460,117		165,460,117	165,460,117
Less Total Deductions	33,144,560		33,144,560	33,144,560
Total Taxable Value	132,315,557		132,315,557	132,315,557

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
136,029,677	132,315,557	136,029,677	132,315,557

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,714,120	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
136,029,677	132,315,557	136,029,677	132,315,557

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