taxes Property Tax Assistance

2020 ISD Summary Worksheet

166-Milam

166-905/Thorndale ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 79,808,011 N/A 79,808,011 79,808,011
B - MULTIFAMILY 1,569,760 N/A 1,569,760 1,569,760
C1 - VACANT LOTS 1,335,800 N/A 1,335,800 1,335,800
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,909,084 N/A 12,909,084 12,909,084
D2 - FARM & RANCH IMP 6,061,322 N/A 6,061,322 6,061,322
E - NON-AG LAND AND IMPROVEMENTS 93,549,150 N/A 93,549,150 93,549,150
F1 - COMMERCIAL REAL 8,245,590 N/A 8,245,590 8,245,590
F2 - INDUSTRIAL REAL 393,000 N/A 393,000 393,000
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 19,896,380 N/A 19,896,380 19,896,380
L1 - COMMERCIAL PERSONAL 3,458,970 N/A 3,458,970 3,458,970
L2 - INDUSTRIAL PERSONAL 1,067,810 N/A 1,067,810 1,067,810
M1 - MOBILE HOMES 3,707,870 N/A 3,707,870 3,707,870
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 3,530 N/A 3,530 3,530
Subtotal 232,006,277 0 232,006,277 232,006,277
Less Total Deductions 42,900,137 0 42,900,137 42,900,137
Total Taxable Value 189,106,140 0 189,106,140 189,106,140

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
195,496,038 189,106,140 195,496,038 189,106,140


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,389,898 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
195,496,038 189,106,140 195,496,038 189,106,140

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

246-Williamson

166-905/Thorndale ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 4,305,235 1.0318 4,172,548 4,305,235
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 189,064 N/A 189,064 189,064
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,204,758 0.7822 1,540,206 1,204,758
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 14,782,897 0.8108 18,232,483 14,782,897
F1 - COMMERCIAL REAL 44,339 N/A 44,339 44,339
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 2,049,389 0.9010 2,274,572 2,049,389
L1 - COMMERCIAL PERSONAL 77,534 N/A 77,534 77,534
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 29,187 N/A 29,187 29,187
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 22,682,403 0 26,559,933 22,682,403
Less Total Deductions 2,550,339 0 2,450,497 2,550,339
Total Taxable Value 20,132,064 0 24,109,436 20,132,064

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
20,748,634 20,132,064 20,748,634 20,132,064


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
616,570 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
20,748,634 20,132,064 20,748,634 20,132,064

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

166-905-02/Thorndale ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 84,113,246 1.0016 83,980,559 84,113,246
B - MULTIFAMILY 1,569,760 N/A 1,569,760 1,569,760
C1 - VACANT LOTS 1,524,864 N/A 1,524,864 1,524,864
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,113,842 0.9768 14,449,290 14,113,842
D2 - FARM & RANCH IMP 6,061,322 N/A 6,061,322 6,061,322
E - NON-AG LAND AND IMPROVEMENTS 108,332,047 0.9691 111,781,633 108,332,047
F1 - COMMERCIAL REAL 8,289,929 N/A 8,289,929 8,289,929
F2 - INDUSTRIAL REAL 393,000 N/A 393,000 393,000
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 21,945,769 0.9898 22,170,952 21,945,769
L1 - COMMERCIAL PERSONAL 3,536,504 N/A 3,536,504 3,536,504
L2 - INDUSTRIAL PERSONAL 1,067,810 N/A 1,067,810 1,067,810
M1 - MOBILE HOMES 3,737,057 N/A 3,737,057 3,737,057
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 3,530 N/A 3,530 3,530
Subtotal 254,688,680 258,566,210 254,688,680
Less Total Deductions 45,450,476 45,350,634 45,450,476
Total Taxable Value 209,238,204 213,215,576 209,238,204

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
216,244,672 209,238,204 216,244,672 209,238,204


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
7,006,468 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
216,244,672 209,238,204 216,244,672 209,238,204

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