taxes Property Tax Assistance

2021 ISD Summary Worksheet

166-Milam /Milam County

166-905/Thorndale ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 85,627,312 0.9415 90,947,756 85,627,312
B - MULTIFAMILY 1,529,310 N/A 1,529,310 1,529,310
C1 - VACANT LOTS 2,064,570 N/A 2,064,570 2,064,570
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,600,244 1.3753 8,434,831 11,600,244
D2 - FARM & RANCH IMP 6,151,182 N/A 6,151,182 6,151,182
E - NON-AG LAND AND IMPROVEMENTS 97,037,180 0.9272 104,656,148 97,037,180
F1 - COMMERCIAL REAL 8,118,160 N/A 8,118,160 8,118,160
F2 - INDUSTRIAL REAL 336,670 N/A 336,670 336,670
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 20,605,350 0.9552 21,571,765 20,605,350
L1 - COMMERCIAL PERSONAL 3,518,510 N/A 3,518,510 3,518,510
L2 - INDUSTRIAL PERSONAL 915,580 N/A 915,580 915,580
M1 - MOBILE HOMES 3,738,090 N/A 3,738,090 3,738,090
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 3,480 N/A 3,480 3,480
Subtotal 241,245,638 0 251,986,052 241,245,638
Less Total Deductions 41,146,230 0 44,412,853 41,146,230
Total Taxable Value 200,099,408 0 207,573,199 200,099,408

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 T13
206,757,873 200,099,408 206,757,873 200,099,408 0


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
6,658,465 0 0


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
206,757,873 200,099,408 206,757,873 200,099,408 0

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

246-Williamson /Williamson County

166-905/Thorndale ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 5,068,328 N/A 5,068,328 5,068,328
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 235,513 N/A 235,513 235,513
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,379,710 N/A 1,379,710 1,379,710
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 18,053,401 N/A 18,053,401 18,053,401
F1 - COMMERCIAL REAL 50,246 N/A 50,246 50,246
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 2,177,576 N/A 2,177,576 2,177,576
L1 - COMMERCIAL PERSONAL 118,146 N/A 118,146 118,146
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 23,539 N/A 23,539 23,539
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 27,106,459 0 27,106,459 27,106,459
Less Total Deductions 3,660,961 0 3,660,961 3,660,961
Total Taxable Value 23,445,498 0 23,445,498 23,445,498

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 T13
24,102,724 23,445,498 24,102,724 23,445,498 0


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
657,226 0 0


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
24,102,724 23,445,498 24,102,724 23,445,498 0

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

166-905-02/Thorndale ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 90,695,640 0.9446 96,016,084 90,695,640
B - MULTIFAMILY 1,529,310 N/A 1,529,310 1,529,310
C1 - VACANT LOTS 2,300,083 N/A 2,300,083 2,300,083
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,979,954 1.3225 9,814,541 12,979,954
D2 - FARM & RANCH IMP 6,151,182 N/A 6,151,182 6,151,182
E - NON-AG LAND AND IMPROVEMENTS 115,090,581 0.9379 122,709,549 115,090,581
F1 - COMMERCIAL REAL 8,168,406 N/A 8,168,406 8,168,406
F2 - INDUSTRIAL REAL 336,670 N/A 336,670 336,670
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 22,782,926 0.9593 23,749,341 22,782,926
L1 - COMMERCIAL PERSONAL 3,636,656 N/A 3,636,656 3,636,656
L2 - INDUSTRIAL PERSONAL 915,580 N/A 915,580 915,580
M1 - MOBILE HOMES 3,761,629 N/A 3,761,629 3,761,629
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 3,480 N/A 3,480 3,480
Subtotal 268,352,097 279,092,511 268,352,097
Less Total Deductions 44,807,191 48,073,814 44,807,191
Total Taxable Value 223,544,906 231,018,697 223,544,906

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 T13
230,860,597 223,544,906 230,860,597 223,544,906 0


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
7,315,691 0 0


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
230,860,597 223,544,906 230,860,597 223,544,906 0

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement