taxes Property Tax Assistance

2021 ISD Summary Worksheet

166-Milam /Milam County

166-907/Buckholts ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	9,388,770	0.9177	10,230,762	9,388,770
B - MULTIFAMILY	261,950	N/A	261,950	261,950
C1 - VACANT LOTS	157,600	N/A	157,600	157,600
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,645,412	1.4273	3,955,339	5,645,412
D2 - FARM & RANCH IMP	1,933,310	N/A	1,933,310	1,933,310
E - NON-AG LAND AND IMPROVEMENTS	18,364,330	0.8092	22,694,427	18,364,330
F1 - COMMERCIAL REAL	1,589,320	N/A	1,589,320	1,589,320
F2 - INDUSTRIAL REAL	104,410	N/A	104,410	104,410
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	11,504,560	0.5309	21,669,919	11,504,560
L1 - COMMERCIAL PERSONAL	200,040	N/A	200,040	200,040
L2 - INDUSTRIAL PERSONAL	373,310	N/A	373,310	373,310
M1 - MOBILE HOMES	2,151,130	N/A	2,151,130	2,151,130
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	51,674,142	0	65,321,517	51,674,142
Less Total Deductions	8,861,000	0	9,698,658	8,861,000
Total Taxable Value	42,813,142	0	55,622,859	42,813,142

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
44,045,968	42,813,142	44,045,968	42,813,142

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,232,826	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
44,045,968	42,813,142	44,045,968	42,813,142

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

166-907-02/Buckholts ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	9,388,770	0.9177	10,230,762	9,388,770
B - MULTIFAMILY	261,950	N/A	261,950	261,950
C1 - VACANT LOTS	157,600	N/A	157,600	157,600
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,645,412	1.4273	3,955,339	5,645,412
D2 - FARM & RANCH IMP	1,933,310	N/A	1,933,310	1,933,310
E - NON-AG LAND AND IMPROVEMENTS	18,364,330	0.8092	22,694,427	18,364,330
F1 - COMMERCIAL REAL	1,589,320	N/A	1,589,320	1,589,320
F2 - INDUSTRIAL REAL	104,410	N/A	104,410	104,410
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	11,504,560	0.5309	21,669,919	11,504,560
L1 - COMMERCIAL PERSONAL	200,040	N/A	200,040	200,040
L2 - INDUSTRIAL PERSONAL	373,310	N/A	373,310	373,310
M1 - MOBILE HOMES	2,151,130	N/A	2,151,130	2,151,130
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	51,674,142		65,321,517	51,674,142
Less Total Deductions	8,861,000		9,698,658	8,861,000
Total Taxable Value	42,813,142		55,622,859	42,813,142

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
44,045,968	42,813,142	44,045,968	42,813,142

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,232,826	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
44,045,968	42,813,142	44,045,968	42,813,142

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