taxes Property Tax Assistance

2021 ISD Summary Worksheet

Three Way ISD (all splits)   Erath County   Somervell County  

072-Erath/Erath County

072-901/Three Way ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 1,789,320 N/A 1,789,320 1,789,320
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 115,640 N/A 115,640 115,640
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,358,780 1.3884 4,579,879 6,358,780
D2 - FARM & RANCH IMP 624,390 N/A 624,390 624,390
E - NON-AG LAND AND IMPROVEMENTS 48,537,320 1.0250 47,353,483 48,537,320
F1 - COMMERCIAL REAL 847,140 N/A 847,140 847,140
F2 - INDUSTRIAL REAL 14,560 N/A 14,560 14,560
G - ALL MINERALS 64,710 N/A 64,710 64,710
J - ALL UTILITIES 5,152,180 N/A 5,152,180 5,152,180
L1 - COMMERCIAL PERSONAL 2,693,310 N/A 2,693,310 2,693,310
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 764,970 N/A 764,970 764,970
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 66,962,320 0 63,999,582 66,962,320
Less Total Deductions 6,246,972 0 6,246,972 6,246,972
Total Taxable Value 60,715,348 0 57,752,610 60,715,348

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 61,866,918 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 60,715,348 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 61,866,918 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 60,715,348 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 61,866,918 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 60,715,348 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 61,866,918 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 60,715,348 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,151,570 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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213-Somervell/Somervell County

072-901/Three Way ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 1,647,670 N/A 1,647,670 1,647,670
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 11,620 N/A 11,620 11,620
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 114,320 N/A 114,320 114,320
D2 - FARM & RANCH IMP 2,580 N/A 2,580 2,580
E - NON-AG LAND AND IMPROVEMENTS 4,926,820 N/A 4,926,820 4,926,820
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 81,980 N/A 81,980 81,980
L1 - COMMERCIAL PERSONAL 12,090 N/A 12,090 12,090
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 13,860 N/A 13,860 13,860
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 6,810,940 0 6,810,940 6,810,940
Less Total Deductions 519,175 0 519,175 519,175
Total Taxable Value 6,291,765 0 6,291,765 6,291,765

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 6,391,765 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 6,291,765 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 6,391,765 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,291,765 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 6,391,765 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 6,291,765 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 6,391,765 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 6,291,765 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 100,000 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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072-901-02/Three Way ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 3,436,990 N/A 3,436,990 3,436,990
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 127,260 N/A 127,260 127,260
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,473,100 1.3790 4,694,199 6,473,100
D2 - FARM & RANCH IMP 626,970 N/A 626,970 626,970
E - NON-AG LAND AND IMPROVEMENTS 53,464,140 1.0226 52,280,303 53,464,140
F1 - COMMERCIAL REAL 847,140 N/A 847,140 847,140
F2 - INDUSTRIAL REAL 14,560 N/A 14,560 14,560
G - ALL MINERALS 64,710 N/A 64,710 64,710
J - ALL UTILITIES 5,234,160 N/A 5,234,160 5,234,160
L1 - COMMERCIAL PERSONAL 2,705,400 N/A 2,705,400 2,705,400
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 778,830 N/A 778,830 778,830
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 73,773,260 70,810,522 73,773,260
Less Total Deductions 6,766,147 6,766,147 6,766,147
Total Taxable Value 67,007,113 64,044,375 67,007,113

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 68,258,683 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 67,007,113 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 68,258,683 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 67,007,113 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 68,258,683 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 67,007,113 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 68,258,683 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 67,007,113 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,251,570 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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