taxes Property Tax Assistance

2021 ISD Summary Worksheet

018-Bosque /Bosque County

018-903/Morgan ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	45,647,862	0.9809	46,536,713	45,647,862
B - MULTIFAMILY	383,216	N/A	383,216	383,216
C1 - VACANT LOTS	5,535,338	N/A	5,535,338	5,535,338
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,119,069	1.0151	3,072,690	3,119,069
D2 - FARM & RANCH IMP	1,754,969	N/A	1,754,969	1,754,969
E - NON-AG LAND AND IMPROVEMENTS	39,780,319	1.1187	35,559,416	39,780,319
F1 - COMMERCIAL REAL	1,903,770	N/A	1,903,770	1,903,770
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	12,836,528	0.5931	21,643,109	12,836,528
L1 - COMMERCIAL PERSONAL	728,351	N/A	728,351	728,351
L2 - INDUSTRIAL PERSONAL	56,992	N/A	56,992	56,992
M1 - MOBILE HOMES	925,816	N/A	925,816	925,816
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,802,549	N/A	1,802,549	1,802,549
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	114,474,779	0	119,902,929	114,474,779
Less Total Deductions	17,742,693	0	18,236,888	17,742,693
Total Taxable Value	96,732,086	0	101,666,041	96,732,086

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
98,860,324	96,732,086	98,860,324	96,732,086

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,128,238	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
98,860,324	96,732,086	98,860,324	96,732,086

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

018-903-02/Morgan ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	45,647,862	0.9809	46,536,713	45,647,862
B - MULTIFAMILY	383,216	N/A	383,216	383,216
C1 - VACANT LOTS	5,535,338	N/A	5,535,338	5,535,338
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,119,069	1.0151	3,072,690	3,119,069
D2 - FARM & RANCH IMP	1,754,969	N/A	1,754,969	1,754,969
E - NON-AG LAND AND IMPROVEMENTS	39,780,319	1.1187	35,559,416	39,780,319
F1 - COMMERCIAL REAL	1,903,770	N/A	1,903,770	1,903,770
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	12,836,528	0.5931	21,643,109	12,836,528
L1 - COMMERCIAL PERSONAL	728,351	N/A	728,351	728,351
L2 - INDUSTRIAL PERSONAL	56,992	N/A	56,992	56,992
M1 - MOBILE HOMES	925,816	N/A	925,816	925,816
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,802,549	N/A	1,802,549	1,802,549
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	114,474,779		119,902,929	114,474,779
Less Total Deductions	17,742,693		18,236,888	17,742,693
Total Taxable Value	96,732,086		101,666,041	96,732,086

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
98,860,324	96,732,086	98,860,324	96,732,086

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,128,238	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
98,860,324	96,732,086	98,860,324	96,732,086

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