taxes Property Tax Assistance

2022 ISD Summary Worksheet

Morgan Mill ISD (all splits)   Erath County  

072-Erath/Erath County

072-910/Morgan Mill ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 19,547,320 N/A 19,547,320 19,547,320
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,390,770 N/A 1,390,770 1,390,770
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,080,790 N/A 5,080,790 5,080,790
D2 - FARM & RANCH IMP 1,593,230 N/A 1,593,230 1,593,230
E - NON-AG LAND AND IMPROVEMENTS 124,086,700 N/A 124,086,700 124,086,700
F1 - COMMERCIAL REAL 3,535,120 N/A 3,535,120 3,535,120
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 643,170 N/A 643,170 643,170
J - ALL UTILITIES 19,167,310 N/A 19,167,310 19,167,310
L1 - COMMERCIAL PERSONAL 2,880,110 N/A 2,880,110 2,880,110
L2 - INDUSTRIAL PERSONAL 99,750 N/A 99,750 99,750
M1 - MOBILE HOMES 1,138,940 N/A 1,138,940 1,138,940
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 311,860 N/A 311,860 311,860
S - SPECIAL INVENTORY 4,740 N/A 4,740 4,740
Subtotal 179,479,810 0 179,479,810 179,479,810
Less Total Deductions 27,596,735 0 27,596,735 27,596,735
Total Taxable Value 151,883,075 0 151,883,075 151,883,075

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 156,042,675 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 151,883,075 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 156,042,675 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 151,883,075 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 158,982,675 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 156,042,675 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 151,883,075 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 156,042,675 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 151,883,075 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 158,982,675 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 4,159,600 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 2,940,000 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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072-910-02/Morgan Mill ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 19,547,320 N/A 19,547,320 19,547,320
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,390,770 N/A 1,390,770 1,390,770
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,080,790 N/A 5,080,790 5,080,790
D2 - FARM & RANCH IMP 1,593,230 N/A 1,593,230 1,593,230
E - NON-AG LAND AND IMPROVEMENTS 124,086,700 N/A 124,086,700 124,086,700
F1 - COMMERCIAL REAL 3,535,120 N/A 3,535,120 3,535,120
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 643,170 N/A 643,170 643,170
J - ALL UTILITIES 19,167,310 N/A 19,167,310 19,167,310
L1 - COMMERCIAL PERSONAL 2,880,110 N/A 2,880,110 2,880,110
L2 - INDUSTRIAL PERSONAL 99,750 N/A 99,750 99,750
M1 - MOBILE HOMES 1,138,940 N/A 1,138,940 1,138,940
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 311,860 N/A 311,860 311,860
S - SPECIAL INVENTORY 4,740 N/A 4,740 4,740
Subtotal 179,479,810 179,479,810 179,479,810
Less Total Deductions 27,596,735 27,596,735 27,596,735
Total Taxable Value 151,883,075 151,883,075 151,883,075

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 156,042,675 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 151,883,075 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 156,042,675 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 151,883,075 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 158,982,675 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 156,042,675 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 151,883,075 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 156,042,675 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 151,883,075 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 158,982,675 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 4,159,600 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 2,940,000 Loss to the second most recent increase in the state-mandated homestead exemption

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