taxes Property Tax Assistance

2021 ISD Summary Worksheet

Morgan Mill ISD (all splits)   Erath County  

072-Erath/Erath County

072-910/Morgan Mill ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 18,019,860 0.9912 18,179,843 18,019,860
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,079,130 N/A 1,079,130 1,079,130
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,779,950 1.4063 4,110,061 5,779,950
D2 - FARM & RANCH IMP 1,158,360 N/A 1,158,360 1,158,360
E - NON-AG LAND AND IMPROVEMENTS 87,790,020 0.8636 101,655,882 87,790,020
F1 - COMMERCIAL REAL 3,020,100 N/A 3,020,100 3,020,100
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 643,170 N/A 643,170 643,170
J - ALL UTILITIES 18,879,200 0.9850 19,166,701 18,879,200
L1 - COMMERCIAL PERSONAL 1,640,310 N/A 1,640,310 1,640,310
L2 - INDUSTRIAL PERSONAL 76,660 N/A 76,660 76,660
M1 - MOBILE HOMES 940,780 N/A 940,780 940,780
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 527,330 N/A 527,330 527,330
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 139,554,870 0 152,198,327 139,554,870
Less Total Deductions 15,875,596 0 16,114,046 15,875,596
Total Taxable Value 123,679,274 0 136,084,281 123,679,274

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 126,441,224 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 123,679,274 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 126,441,224 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 123,679,274 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 126,441,224 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 123,679,274 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 126,441,224 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 123,679,274 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,761,950 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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072-910-02/Morgan Mill ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 18,019,860 0.9912 18,179,843 18,019,860
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,079,130 N/A 1,079,130 1,079,130
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,779,950 1.4063 4,110,061 5,779,950
D2 - FARM & RANCH IMP 1,158,360 N/A 1,158,360 1,158,360
E - NON-AG LAND AND IMPROVEMENTS 87,790,020 0.8636 101,655,882 87,790,020
F1 - COMMERCIAL REAL 3,020,100 N/A 3,020,100 3,020,100
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 643,170 N/A 643,170 643,170
J - ALL UTILITIES 18,879,200 0.9850 19,166,701 18,879,200
L1 - COMMERCIAL PERSONAL 1,640,310 N/A 1,640,310 1,640,310
L2 - INDUSTRIAL PERSONAL 76,660 N/A 76,660 76,660
M1 - MOBILE HOMES 940,780 N/A 940,780 940,780
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 527,330 N/A 527,330 527,330
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 139,554,870 152,198,327 139,554,870
Less Total Deductions 15,875,596 16,114,046 15,875,596
Total Taxable Value 123,679,274 136,084,281 123,679,274

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 126,441,224 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 123,679,274 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 126,441,224 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 123,679,274 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 126,441,224 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 123,679,274 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 126,441,224 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 123,679,274 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,761,950 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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