taxes Property Tax Assistance

2022 ISD Summary Worksheet

Three Way ISD (all splits)   Erath County   Somervell County  

072-Erath/Erath County

072-901/Three Way ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 1,008,610 N/A 1,008,610 1,008,610
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,570,180 N/A 5,570,180 5,570,180
D2 - FARM & RANCH IMP 1,334,050 N/A 1,334,050 1,334,050
E - NON-AG LAND AND IMPROVEMENTS 63,848,990 N/A 63,848,990 63,848,990
F1 - COMMERCIAL REAL 1,592,470 N/A 1,592,470 1,592,470
F2 - INDUSTRIAL REAL 20,800 N/A 20,800 20,800
G - ALL MINERALS 64,710 N/A 64,710 64,710
J - ALL UTILITIES 7,813,730 N/A 7,813,730 7,813,730
L1 - COMMERCIAL PERSONAL 3,372,130 N/A 3,372,130 3,372,130
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 969,690 N/A 969,690 969,690
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 85,595,360 0 85,595,360 85,595,360
Less Total Deductions 10,980,831 0 10,980,831 10,980,831
Total Taxable Value 74,614,529 0 74,614,529 74,614,529

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'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 76,286,209 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 74,614,529 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 76,286,209 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 74,614,529 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 77,546,209 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 76,286,209 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 74,614,529 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 76,286,209 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 74,614,529 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 77,546,209 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 1,671,680 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 1,260,000 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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213-Somervell/Somervell County

072-901/Three Way ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 2,646,130 N/A 2,646,130 2,646,130
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 12,740 N/A 12,740 12,740
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 113,140 N/A 113,140 113,140
D2 - FARM & RANCH IMP 2,550 N/A 2,550 2,550
E - NON-AG LAND AND IMPROVEMENTS 7,125,910 N/A 7,125,910 7,125,910
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 109,080 N/A 109,080 109,080
L1 - COMMERCIAL PERSONAL 9,260 N/A 9,260 9,260
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 115,890 N/A 115,890 115,890
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 10,134,700 0 10,134,700 10,134,700
Less Total Deductions 2,122,299 0 2,122,299 2,122,299
Total Taxable Value 8,012,401 0 8,012,401 8,012,401

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 8,177,401 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 8,012,401 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 8,177,401 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 8,012,401 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 8,287,401 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 8,177,401 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 8,012,401 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 8,177,401 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 8,012,401 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 8,287,401 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 165,000 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 110,000 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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072-901-02/Three Way ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 3,654,740 N/A 3,654,740 3,654,740
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 12,740 N/A 12,740 12,740
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,683,320 N/A 5,683,320 5,683,320
D2 - FARM & RANCH IMP 1,336,600 N/A 1,336,600 1,336,600
E - NON-AG LAND AND IMPROVEMENTS 70,974,900 N/A 70,974,900 70,974,900
F1 - COMMERCIAL REAL 1,592,470 N/A 1,592,470 1,592,470
F2 - INDUSTRIAL REAL 20,800 N/A 20,800 20,800
G - ALL MINERALS 64,710 N/A 64,710 64,710
J - ALL UTILITIES 7,922,810 N/A 7,922,810 7,922,810
L1 - COMMERCIAL PERSONAL 3,381,390 N/A 3,381,390 3,381,390
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 1,085,580 N/A 1,085,580 1,085,580
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 95,730,060 95,730,060 95,730,060
Less Total Deductions 13,103,130 13,103,130 13,103,130
Total Taxable Value 82,626,930 82,626,930 82,626,930

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 84,463,610 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 82,626,930 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 84,463,610 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 82,626,930 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 85,833,610 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 84,463,610 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 82,626,930 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 84,463,610 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 82,626,930 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 85,833,610 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 1,836,680 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 1,370,000 Loss to the second most recent increase in the state-mandated homestead exemption

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