taxes Property Tax Assistance

2021 ISD Summary Worksheet

070-Ellis /Ellis County

070-907/Italy ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 109,294,756 N/A 109,294,756 109,294,756
B - MULTIFAMILY 5,910,500 N/A 5,910,500 5,910,500
C1 - VACANT LOTS 2,526,680 N/A 2,526,680 2,526,680
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,368,596 N/A 5,368,596 5,368,596
D2 - FARM & RANCH IMP 3,247,628 N/A 3,247,628 3,247,628
E - NON-AG LAND AND IMPROVEMENTS 50,829,245 N/A 50,829,245 50,829,245
F1 - COMMERCIAL REAL 30,949,418 N/A 30,949,418 30,949,418
F2 - INDUSTRIAL REAL 958,370 N/A 958,370 958,370
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,623,320 N/A 5,623,320 5,623,320
L1 - COMMERCIAL PERSONAL 10,808,124 N/A 10,808,124 10,808,124
L2 - INDUSTRIAL PERSONAL 565,363 N/A 565,363 565,363
M1 - MOBILE HOMES 1,959,350 N/A 1,959,350 1,959,350
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 135,370 N/A 135,370 135,370
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 228,176,720 0 228,176,720 228,176,720
Less Total Deductions 44,235,569 0 44,235,569 44,235,569
Total Taxable Value 183,941,151 0 183,941,151 183,941,151

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
189,696,774 183,941,151 189,696,774 183,941,151


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,755,623 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
189,696,774 183,941,151 189,696,774 183,941,151

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

070-907-02/Italy ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 109,294,756 N/A 109,294,756 109,294,756
B - MULTIFAMILY 5,910,500 N/A 5,910,500 5,910,500
C1 - VACANT LOTS 2,526,680 N/A 2,526,680 2,526,680
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,368,596 N/A 5,368,596 5,368,596
D2 - FARM & RANCH IMP 3,247,628 N/A 3,247,628 3,247,628
E - NON-AG LAND AND IMPROVEMENTS 50,829,245 N/A 50,829,245 50,829,245
F1 - COMMERCIAL REAL 30,949,418 N/A 30,949,418 30,949,418
F2 - INDUSTRIAL REAL 958,370 N/A 958,370 958,370
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,623,320 N/A 5,623,320 5,623,320
L1 - COMMERCIAL PERSONAL 10,808,124 N/A 10,808,124 10,808,124
L2 - INDUSTRIAL PERSONAL 565,363 N/A 565,363 565,363
M1 - MOBILE HOMES 1,959,350 N/A 1,959,350 1,959,350
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 135,370 N/A 135,370 135,370
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 228,176,720 228,176,720 228,176,720
Less Total Deductions 44,235,569 44,235,569 44,235,569
Total Taxable Value 183,941,151 183,941,151 183,941,151

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
189,696,774 183,941,151 189,696,774 183,941,151


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,755,623 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
189,696,774 183,941,151 189,696,774 183,941,151

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