taxes Property Tax Assistance

2020 ISD Summary Worksheet

072-Erath

072-903/Stephenville ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 853,186,340 N/A 853,186,340 853,186,340
B - MULTIFAMILY 189,954,090 N/A 189,954,090 189,954,090
C1 - VACANT LOTS 11,186,850 N/A 11,186,850 11,186,850
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 16,991,550 N/A 16,991,550 16,991,550
D2 - FARM & RANCH IMP 7,664,690 N/A 7,664,690 7,664,690
E - NON-AG LAND AND IMPROVEMENTS 352,778,620 N/A 352,778,620 352,778,620
F1 - COMMERCIAL REAL 340,840,160 N/A 340,840,160 340,840,160
F2 - INDUSTRIAL REAL 61,336,700 N/A 61,336,700 61,336,700
G - ALL MINERALS 324,540 N/A 324,540 324,540
J - ALL UTILITIES 88,365,380 N/A 88,365,380 88,365,380
L1 - COMMERCIAL PERSONAL 135,151,820 N/A 135,151,820 135,151,820
L2 - INDUSTRIAL PERSONAL 384,077,600 N/A 384,077,600 384,077,600
M1 - MOBILE HOMES 9,752,090 N/A 9,752,090 9,752,090
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,096,270 N/A 2,096,270 2,096,270
S - SPECIAL INVENTORY 11,371,970 N/A 11,371,970 11,371,970
Subtotal 2,465,078,670 0 2,465,078,670 2,465,078,670
Less Total Deductions 365,138,879 0 365,138,879 365,138,879
Total Taxable Value 2,099,939,791 0 2,099,939,791 2,099,939,791

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
2,143,385,446 2,099,939,791 2,143,385,446 2,099,939,791


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
43,445,655 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
2,143,385,446 2,099,939,791 2,143,385,446 2,099,939,791

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

072-903-02/Stephenville ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 853,186,340 N/A 853,186,340 853,186,340
B - MULTIFAMILY 189,954,090 N/A 189,954,090 189,954,090
C1 - VACANT LOTS 11,186,850 N/A 11,186,850 11,186,850
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 16,991,550 N/A 16,991,550 16,991,550
D2 - FARM & RANCH IMP 7,664,690 N/A 7,664,690 7,664,690
E - NON-AG LAND AND IMPROVEMENTS 352,778,620 N/A 352,778,620 352,778,620
F1 - COMMERCIAL REAL 340,840,160 N/A 340,840,160 340,840,160
F2 - INDUSTRIAL REAL 61,336,700 N/A 61,336,700 61,336,700
G - ALL MINERALS 324,540 N/A 324,540 324,540
J - ALL UTILITIES 88,365,380 N/A 88,365,380 88,365,380
L1 - COMMERCIAL PERSONAL 135,151,820 N/A 135,151,820 135,151,820
L2 - INDUSTRIAL PERSONAL 384,077,600 N/A 384,077,600 384,077,600
M1 - MOBILE HOMES 9,752,090 N/A 9,752,090 9,752,090
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,096,270 N/A 2,096,270 2,096,270
S - SPECIAL INVENTORY 11,371,970 N/A 11,371,970 11,371,970
Subtotal 2,465,078,670 2,465,078,670 2,465,078,670
Less Total Deductions 365,138,879 365,138,879 365,138,879
Total Taxable Value 2,099,939,791 2,099,939,791 2,099,939,791

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
2,143,385,446 2,099,939,791 2,143,385,446 2,099,939,791


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
43,445,655 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
2,143,385,446 2,099,939,791 2,143,385,446 2,099,939,791

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