taxes Property Tax Assistance

2021 ISD Summary Worksheet

Morton ISD (all splits)   Cochran County  

040-Cochran/Cochran County

040-901/Morton ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 19,117,167 0.9538 20,043,161 19,117,167
B - MULTIFAMILY 25,162 N/A 25,162 25,162
C1 - VACANT LOTS 240,333 N/A 240,333 240,333
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,254,856 1.6815 8,477,297 14,254,856
D2 - FARM & RANCH IMP 420,809 N/A 420,809 420,809
E - NON-AG LAND AND IMPROVEMENTS 8,137,212 0.8969 9,072,597 8,137,212
F1 - COMMERCIAL REAL 4,225,891 0.9354 4,517,737 4,225,891
F2 - INDUSTRIAL REAL 680,199 N/A 680,199 680,199
G - ALL MINERALS 2,661,349 0.9674 2,751,033 2,661,349
J - ALL UTILITIES 4,352,807 0.8616 5,052,004 4,352,807
L1 - COMMERCIAL PERSONAL 5,178,107 1.0163 5,095,058 5,178,107
L2 - INDUSTRIAL PERSONAL 3,917,154 N/A 3,917,154 3,917,154
M1 - MOBILE HOMES 435,483 N/A 435,483 435,483
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 911,804 N/A 911,804 911,804
Subtotal 64,558,333 0 61,639,831 64,558,333
Less Total Deductions 10,996,081 0 11,274,143 10,996,081
Total Taxable Value 53,562,252 0 50,365,688 53,562,252

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's office 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 school 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

Measure Value Description
T1 55,496,926 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 53,562,252 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 55,496,926 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 53,562,252 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 55,496,926 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 53,562,252 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 55,496,926 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 53,562,252 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,934,674 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE.


Back to top

040-901-02/Morton ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 19,117,167 0.9538 20,043,161 19,117,167
B - MULTIFAMILY 25,162 N/A 25,162 25,162
C1 - VACANT LOTS 240,333 N/A 240,333 240,333
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,254,856 1.6815 8,477,297 14,254,856
D2 - FARM & RANCH IMP 420,809 N/A 420,809 420,809
E - NON-AG LAND AND IMPROVEMENTS 8,137,212 0.8969 9,072,597 8,137,212
F1 - COMMERCIAL REAL 4,225,891 0.9354 4,517,737 4,225,891
F2 - INDUSTRIAL REAL 680,199 N/A 680,199 680,199
G - ALL MINERALS 2,661,349 0.9674 2,751,033 2,661,349
J - ALL UTILITIES 4,352,807 0.8616 5,052,004 4,352,807
L1 - COMMERCIAL PERSONAL 5,178,107 1.0163 5,095,058 5,178,107
L2 - INDUSTRIAL PERSONAL 3,917,154 N/A 3,917,154 3,917,154
M1 - MOBILE HOMES 435,483 N/A 435,483 435,483
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 911,804 N/A 911,804 911,804
Subtotal 64,558,333 61,639,831 64,558,333
Less Total Deductions 10,996,081 11,274,143 10,996,081
Total Taxable Value 53,562,252 50,365,688 53,562,252

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's office 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 school 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

Measure Value Description
T1 55,496,926 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 53,562,252 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 55,496,926 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 53,562,252 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 55,496,926 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 53,562,252 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 55,496,926 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 53,562,252 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,934,674 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

Back to top