taxes Property Tax Assistance

2021 ISD Summary Worksheet

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 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
61,866,918 60,715,348 61,866,918 60,715,348


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,151,570 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
61,866,918 60,715,348 61,866,918 60,715,348

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

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 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
6,391,765 6,291,765 6,391,765 6,291,765


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
100,000 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
6,391,765 6,291,765 6,391,765 6,291,765

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

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 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
68,258,683 67,007,113 68,258,683 67,007,113


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,251,570 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
68,258,683 67,007,113 68,258,683 67,007,113

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