taxes Property Tax Assistance

2020 ISD Summary Worksheet

070-Ellis

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 2.9934 1,343,953 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 96,797,476 93,597,549
Less Total Deductions 16,001,656 0 15,961,361 16,001,656
Total Taxable Value 77,595,893 0 80,836,115 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

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 2.6415 1,826,128 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 129,935,299 133,492,168 129,935,299
Less Total Deductions 18,391,717 18,375,301 18,391,717
Total Taxable Value 111,543,582 115,116,867 111,543,582

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