taxes Property Tax Assistance

2021 ISD Summary Worksheet

Stephenville ISD (all splits)   Erath County  

072-Erath/Erath County

072-903/Stephenville ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 933,475,050 0.9708 961,552,379 933,475,050
B - MULTIFAMILY 202,594,530 0.7997 253,338,164 202,594,530
C1 - VACANT LOTS 10,958,850 N/A 10,958,850 10,958,850
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,076,860 1.3946 12,962,338 18,076,860
D2 - FARM & RANCH IMP 7,556,260 N/A 7,556,260 7,556,260
E - NON-AG LAND AND IMPROVEMENTS 393,099,520 0.9192 427,653,960 393,099,520
F1 - COMMERCIAL REAL 351,600,750 0.9955 353,190,105 351,600,750
F2 - INDUSTRIAL REAL 63,494,070 N/A 63,494,070 63,494,070
G - ALL MINERALS 328,580 N/A 328,580 328,580
J - ALL UTILITIES 100,425,350 N/A 100,425,350 100,425,350
L1 - COMMERCIAL PERSONAL 134,403,960 1.0383 129,446,172 134,403,960
L2 - INDUSTRIAL PERSONAL 383,017,200 N/A 383,017,200 383,017,200
M1 - MOBILE HOMES 9,554,670 N/A 9,554,670 9,554,670
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,380,490 N/A 2,380,490 2,380,490
S - SPECIAL INVENTORY 8,803,670 N/A 8,803,670 8,803,670
Subtotal 2,619,769,810 0 2,724,662,258 2,619,769,810
Less Total Deductions 391,525,345 0 401,617,898 391,525,345
Total Taxable Value 2,228,244,465 0 2,323,044,360 2,228,244,465

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 2,272,150,632 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,228,244,465 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 2,272,150,632 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,228,244,465 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 2,272,150,632 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,228,244,465 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 2,272,150,632 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,228,244,465 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 43,906,167 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 TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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072-903-02/Stephenville ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 933,475,050 0.9708 961,552,379 933,475,050
B - MULTIFAMILY 202,594,530 0.7997 253,338,164 202,594,530
C1 - VACANT LOTS 10,958,850 N/A 10,958,850 10,958,850
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,076,860 1.3946 12,962,338 18,076,860
D2 - FARM & RANCH IMP 7,556,260 N/A 7,556,260 7,556,260
E - NON-AG LAND AND IMPROVEMENTS 393,099,520 0.9192 427,653,960 393,099,520
F1 - COMMERCIAL REAL 351,600,750 0.9955 353,190,105 351,600,750
F2 - INDUSTRIAL REAL 63,494,070 N/A 63,494,070 63,494,070
G - ALL MINERALS 328,580 N/A 328,580 328,580
J - ALL UTILITIES 100,425,350 N/A 100,425,350 100,425,350
L1 - COMMERCIAL PERSONAL 134,403,960 1.0383 129,446,172 134,403,960
L2 - INDUSTRIAL PERSONAL 383,017,200 N/A 383,017,200 383,017,200
M1 - MOBILE HOMES 9,554,670 N/A 9,554,670 9,554,670
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,380,490 N/A 2,380,490 2,380,490
S - SPECIAL INVENTORY 8,803,670 N/A 8,803,670 8,803,670
Subtotal 2,619,769,810 2,724,662,258 2,619,769,810
Less Total Deductions 391,525,345 401,617,898 391,525,345
Total Taxable Value 2,228,244,465 2,323,044,360 2,228,244,465

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 2,272,150,632 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,228,244,465 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 2,272,150,632 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,228,244,465 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 2,272,150,632 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,228,244,465 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 2,272,150,632 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,228,244,465 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 43,906,167 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

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