Top navigation skipped
ceiling reduction
2022 ISD Summary Worksheet
070-Ellis/Ellis County
070-907/Italy ISD
| Category | Local Tax Roll Value | 2022 WTD Mean Ratio | 2022 PTAD Value Estimate | 2022 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 149,472,964 | 0.9415 | 158,760,450 | 149,472,964 |
| B - MULTIFAMILY | 7,332,337 | N/A | 7,332,337 | 7,332,337 |
| C1 - VACANT LOTS | 4,025,683 | N/A | 4,025,683 | 4,025,683 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 5,328,654 | 2.4729 | 2,154,789 | 5,328,654 |
| D2 - FARM & RANCH IMP | 3,399,911 | N/A | 3,399,911 | 3,399,911 |
| E - NON-AG LAND AND IMPROVEMENTS | 69,488,141 | 0.9765 | 71,160,411 | 69,488,141 |
| F1 - COMMERCIAL REAL | 39,360,486 | 0.9558 | 41,180,672 | 39,360,486 |
| F2 - INDUSTRIAL REAL | 1,688,359 | N/A | 1,688,359 | 1,688,359 |
| G - ALL MINERALS | 0 | N/A | 0 | 0 |
| J - ALL UTILITIES | 6,596,058 | N/A | 6,596,058 | 6,596,058 |
| L1 - COMMERCIAL PERSONAL | 9,503,042 | N/A | 9,503,042 | 9,503,042 |
| L2 - INDUSTRIAL PERSONAL | 691,008 | N/A | 691,008 | 691,008 |
| M1 - MOBILE HOMES | 3,511,886 | N/A | 3,511,886 | 3,511,886 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 180,745 | N/A | 180,745 | 180,745 |
| S - SPECIAL INVENTORY | 0 | N/A | 0 | 0 |
| Subtotal | 300,579,274 | 0 | 310,185,351 | 300,579,274 |
| Less Total Deductions | 75,147,517 | 0 | 79,625,963 | 75,147,517 |
| Total Taxable Value | 225,431,757 | 0 | 230,559,388 | 225,431,757 |
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 |
|---|---|---|---|---|
| 234,232,370 | 225,431,757 | 234,232,370 | 225,431,757 | 240,992,370 |
| 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 |
|---|---|---|
| 8,800,613 | 0 | 6,760,000 |
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 |
|---|---|---|---|---|
| 234,232,370 | 225,431,757 | 234,232,370 | 225,431,757 | 240,992,370 |
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
070-907-02/Italy ISD
| Category | Local Tax Roll Value | 2022 WTD Mean Ratio | 2022 PTAD Value Estimate | 2022 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 149,472,964 | 0.9415 | 158,760,450 | 149,472,964 |
| B - MULTIFAMILY | 7,332,337 | N/A | 7,332,337 | 7,332,337 |
| C1 - VACANT LOTS | 4,025,683 | N/A | 4,025,683 | 4,025,683 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 5,328,654 | 2.4729 | 2,154,789 | 5,328,654 |
| D2 - FARM & RANCH IMP | 3,399,911 | N/A | 3,399,911 | 3,399,911 |
| E - NON-AG LAND AND IMPROVEMENTS | 69,488,141 | 0.9765 | 71,160,411 | 69,488,141 |
| F1 - COMMERCIAL REAL | 39,360,486 | 0.9558 | 41,180,672 | 39,360,486 |
| F2 - INDUSTRIAL REAL | 1,688,359 | N/A | 1,688,359 | 1,688,359 |
| G - ALL MINERALS | 0 | N/A | 0 | 0 |
| J - ALL UTILITIES | 6,596,058 | N/A | 6,596,058 | 6,596,058 |
| L1 - COMMERCIAL PERSONAL | 9,503,042 | N/A | 9,503,042 | 9,503,042 |
| L2 - INDUSTRIAL PERSONAL | 691,008 | N/A | 691,008 | 691,008 |
| M1 - MOBILE HOMES | 3,511,886 | N/A | 3,511,886 | 3,511,886 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 180,745 | N/A | 180,745 | 180,745 |
| S - SPECIAL INVENTORY | 0 | N/A | 0 | 0 |
| Subtotal | 300,579,274 | 310,185,351 | 300,579,274 | |
| Less Total Deductions | 75,147,517 | 79,625,963 | 75,147,517 | |
| Total Taxable Value | 225,431,757 | 230,559,388 | 225,431,757 |
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 |
|---|---|---|---|---|
| 234,232,370 | 225,431,757 | 234,232,370 | 225,431,757 | 240,992,370 |
| 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 |
|---|---|---|
| 8,800,613 | 0 | 6,760,000 |
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 |
|---|---|---|---|---|
| 234,232,370 | 225,431,757 | 234,232,370 | 225,431,757 | 240,992,370 |
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 taxceiling 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