taxes Property Tax Assistance

2022 ISD Summary Worksheet

Morgan ISD (all splits)   Bosque County  

018-Bosque/Bosque County

018-903/Morgan ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 56,588,754 0.8590 65,877,478 56,588,754
B - MULTIFAMILY 378,882 N/A 378,882 378,882
C1 - VACANT LOTS 6,341,349 N/A 6,341,349 6,341,349
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,245,295 0.9276 3,498,497 3,245,295
D2 - FARM & RANCH IMP 1,867,898 N/A 1,867,898 1,867,898
E - NON-AG LAND AND IMPROVEMENTS 53,065,387 1.2138 43,718,394 53,065,387
F1 - COMMERCIAL REAL 2,092,099 N/A 2,092,099 2,092,099
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 13,730,564 0.9120 15,055,443 13,730,564
L1 - COMMERCIAL PERSONAL 687,555 N/A 687,555 687,555
L2 - INDUSTRIAL PERSONAL 60,719 N/A 60,719 60,719
M1 - MOBILE HOMES 1,726,803 N/A 1,726,803 1,726,803
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,643,929 N/A 1,643,929 1,643,929
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 141,429,234 0 142,949,046 141,429,234
Less Total Deductions 28,565,942 0 34,511,422 28,565,942
Total Taxable Value 112,863,292 0 108,437,624 112,863,292

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 115,870,885 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 112,863,292 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 115,870,885 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 112,863,292 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 118,520,885 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 115,870,885 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 112,863,292 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 115,870,885 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 112,863,292 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 118,520,885 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,007,593 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
LOSS_PREV_INCR_HMSTD 2,650,000 Loss to the second most recent increase in the state-mandated homestead exemption

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


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018-903-02/Morgan ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 56,588,754 0.8590 65,877,478 56,588,754
B - MULTIFAMILY 378,882 N/A 378,882 378,882
C1 - VACANT LOTS 6,341,349 N/A 6,341,349 6,341,349
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,245,295 0.9276 3,498,497 3,245,295
D2 - FARM & RANCH IMP 1,867,898 N/A 1,867,898 1,867,898
E - NON-AG LAND AND IMPROVEMENTS 53,065,387 1.2138 43,718,394 53,065,387
F1 - COMMERCIAL REAL 2,092,099 N/A 2,092,099 2,092,099
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 13,730,564 0.9120 15,055,443 13,730,564
L1 - COMMERCIAL PERSONAL 687,555 N/A 687,555 687,555
L2 - INDUSTRIAL PERSONAL 60,719 N/A 60,719 60,719
M1 - MOBILE HOMES 1,726,803 N/A 1,726,803 1,726,803
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,643,929 N/A 1,643,929 1,643,929
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 141,429,234 142,949,046 141,429,234
Less Total Deductions 28,565,942 34,511,422 28,565,942
Total Taxable Value 112,863,292 108,437,624 112,863,292

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 115,870,885 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 112,863,292 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 115,870,885 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 112,863,292 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 118,520,885 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 115,870,885 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 112,863,292 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 115,870,885 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 112,863,292 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 118,520,885 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,007,593 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
LOSS_PREV_INCR_HMSTD 2,650,000 Loss to the second most recent increase in the state-mandated homestead exemption

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