taxes Property Tax Assistance

2022 ISD Summary Worksheet

Italy ISD (all splits)   Ellis County  

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'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 234,232,370 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 225,431,757 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 234,232,370 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 225,431,757 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 240,992,370 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 234,232,370 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 225,431,757 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 234,232,370 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 225,431,757 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 240,992,370 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 8,800,613 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 6,760,000 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.


Back to top


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'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 234,232,370 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 225,431,757 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 234,232,370 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 225,431,757 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 240,992,370 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 234,232,370 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 225,431,757 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 234,232,370 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 225,431,757 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 240,992,370 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 8,800,613 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 6,760,000 Loss to the second most recent increase in the state-mandated homestead exemption

Back to top