taxes Property Tax Assistance

2021 ISD Summary Worksheet

070-Ellis /Ellis County

070-909/Milford ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	34,809,368	N/A	34,809,368	34,809,368
B - MULTIFAMILY	408,170	N/A	408,170	408,170
C1 - VACANT LOTS	1,371,270	N/A	1,371,270	1,371,270
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,774,212	N/A	3,774,212	3,774,212
D2 - FARM & RANCH IMP	1,499,659	N/A	1,499,659	1,499,659
E - NON-AG LAND AND IMPROVEMENTS	24,892,080	N/A	24,892,080	24,892,080
F1 - COMMERCIAL REAL	4,747,170	N/A	4,747,170	4,747,170
F2 - INDUSTRIAL REAL	126,250	N/A	126,250	126,250
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	23,975,229	N/A	23,975,229	23,975,229
L1 - COMMERCIAL PERSONAL	1,777,412	N/A	1,777,412	1,777,412
L2 - INDUSTRIAL PERSONAL	1,681,660	N/A	1,681,660	1,681,660
M1 - MOBILE HOMES	1,949,660	N/A	1,949,660	1,949,660
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	101,012,140	0	101,012,140	101,012,140
Less Total Deductions	14,753,476	0	14,753,476	14,753,476
Total Taxable Value	86,258,664	0	86,258,664	86,258,664

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
88,091,360	86,258,664	88,091,360	86,258,664

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,832,696	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
88,091,360	86,258,664	88,091,360	86,258,664

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

109-Hill /Hill County

070-909/Milford ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	5,183,700	N/A	5,183,700	5,183,700
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	274,980	N/A	274,980	274,980
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	801,010	N/A	801,010	801,010
D2 - FARM & RANCH IMP	400,110	N/A	400,110	400,110
E - NON-AG LAND AND IMPROVEMENTS	11,263,220	N/A	11,263,220	11,263,220
F1 - COMMERCIAL REAL	231,400	N/A	231,400	231,400
F2 - INDUSTRIAL REAL	5,122,930	N/A	5,122,930	5,122,930
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	868,460	N/A	868,460	868,460
L1 - COMMERCIAL PERSONAL	136,410	N/A	136,410	136,410
L2 - INDUSTRIAL PERSONAL	15,949,610	N/A	15,949,610	15,949,610
M1 - MOBILE HOMES	477,230	N/A	477,230	477,230
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	40,709,060	0	40,709,060	40,709,060
Less Total Deductions	2,486,195	0	2,486,195	2,486,195
Total Taxable Value	38,222,865	0	38,222,865	38,222,865

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
38,681,589	38,222,865	38,681,589	38,222,865

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
458,724	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
38,681,589	38,222,865	38,681,589	38,222,865

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

070-909-02/Milford ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	39,993,068	N/A	39,993,068	39,993,068
B - MULTIFAMILY	408,170	N/A	408,170	408,170
C1 - VACANT LOTS	1,646,250	N/A	1,646,250	1,646,250
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	4,575,222	N/A	4,575,222	4,575,222
D2 - FARM & RANCH IMP	1,899,769	N/A	1,899,769	1,899,769
E - NON-AG LAND AND IMPROVEMENTS	36,155,300	N/A	36,155,300	36,155,300
F1 - COMMERCIAL REAL	4,978,570	N/A	4,978,570	4,978,570
F2 - INDUSTRIAL REAL	5,249,180	N/A	5,249,180	5,249,180
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	24,843,689	N/A	24,843,689	24,843,689
L1 - COMMERCIAL PERSONAL	1,913,822	N/A	1,913,822	1,913,822
L2 - INDUSTRIAL PERSONAL	17,631,270	N/A	17,631,270	17,631,270
M1 - MOBILE HOMES	2,426,890	N/A	2,426,890	2,426,890
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	141,721,200		141,721,200	141,721,200
Less Total Deductions	17,239,671		17,239,671	17,239,671
Total Taxable Value	124,481,529		124,481,529	124,481,529

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
126,772,949	124,481,529	126,772,949	124,481,529

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,291,420	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
126,772,949	124,481,529	126,772,949	124,481,529

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