taxes Property Tax Assistance

2020 ISD Summary Worksheet

072-Erath

072-901/Three Way ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,678,000 N/A 1,678,000 1,678,000
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 108,360 N/A 108,360 108,360
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,947,250 N/A 5,947,250 5,947,250
D2 - FARM & RANCH IMP 584,280 N/A 584,280 584,280
E - NON-AG LAND AND IMPROVEMENTS 44,732,170 N/A 44,732,170 44,732,170
F1 - COMMERCIAL REAL 746,060 N/A 746,060 746,060
F2 - INDUSTRIAL REAL 11,440 N/A 11,440 11,440
G - ALL MINERALS 193,170 N/A 193,170 193,170
J - ALL UTILITIES 4,654,240 N/A 4,654,240 4,654,240
L1 - COMMERCIAL PERSONAL 1,911,600 N/A 1,911,600 1,911,600
L2 - INDUSTRIAL PERSONAL 597,170 N/A 597,170 597,170
M1 - MOBILE HOMES 791,530 N/A 791,530 791,530
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 61,955,270 0 61,955,270 61,955,270
Less Total Deductions 5,710,185 0 5,710,185 5,710,185
Total Taxable Value 56,245,085 0 56,245,085 56,245,085

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
57,388,135 56,245,085 57,388,135 56,245,085


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,143,050 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
57,388,135 56,245,085 57,388,135 56,245,085

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

213-Somervell

072-901/Three Way ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,715,210 N/A 1,715,210 1,715,210
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 46,670 N/A 46,670 46,670
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 116,972 N/A 116,972 116,972
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 3,490,360 N/A 3,490,360 3,490,360
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 295,100 N/A 295,100 295,100
L1 - COMMERCIAL PERSONAL 1,820 N/A 1,820 1,820
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 12,050 N/A 12,050 12,050
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 5,678,182 0 5,678,182 5,678,182
Less Total Deductions 566,512 0 566,512 566,512
Total Taxable Value 5,111,670 0 5,111,670 5,111,670

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
5,211,670 5,111,670 5,211,670 5,111,670


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
100,000 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
5,211,670 5,111,670 5,211,670 5,111,670

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

072-901-02/Three Way ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 3,393,210 N/A 3,393,210 3,393,210
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 155,030 N/A 155,030 155,030
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,064,222 N/A 6,064,222 6,064,222
D2 - FARM & RANCH IMP 584,280 N/A 584,280 584,280
E - NON-AG LAND AND IMPROVEMENTS 48,222,530 N/A 48,222,530 48,222,530
F1 - COMMERCIAL REAL 746,060 N/A 746,060 746,060
F2 - INDUSTRIAL REAL 11,440 N/A 11,440 11,440
G - ALL MINERALS 193,170 N/A 193,170 193,170
J - ALL UTILITIES 4,949,340 N/A 4,949,340 4,949,340
L1 - COMMERCIAL PERSONAL 1,913,420 N/A 1,913,420 1,913,420
L2 - INDUSTRIAL PERSONAL 597,170 N/A 597,170 597,170
M1 - MOBILE HOMES 803,580 N/A 803,580 803,580
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 67,633,452 67,633,452 67,633,452
Less Total Deductions 6,276,697 6,276,697 6,276,697
Total Taxable Value 61,356,755 61,356,755 61,356,755

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
62,599,805 61,356,755 62,599,805 61,356,755


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,243,050 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
62,599,805 61,356,755 62,599,805 61,356,755

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