taxes Property Tax Assistance

2022 ISD Summary Worksheet

Milano ISD (all splits)   Milam County  

166-Milam/Milam County

166-903/Milano ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 24,731,131 N/A 24,731,131 24,731,131
B - MULTIFAMILY 41,070 N/A 41,070 41,070
C1 - VACANT LOTS 311,570 N/A 311,570 311,570
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,848,877 N/A 5,848,877 5,848,877
D2 - FARM & RANCH IMP 6,301,500 N/A 6,301,500 6,301,500
E - NON-AG LAND AND IMPROVEMENTS 126,044,201 N/A 126,044,201 126,044,201
F1 - COMMERCIAL REAL 5,702,650 N/A 5,702,650 5,702,650
F2 - INDUSTRIAL REAL 439,420 N/A 439,420 439,420
G - ALL MINERALS 2,883,050 N/A 2,883,050 2,883,050
J - ALL UTILITIES 30,009,780 N/A 30,009,780 30,009,780
L1 - COMMERCIAL PERSONAL 1,736,830 N/A 1,736,830 1,736,830
L2 - INDUSTRIAL PERSONAL 2,009,780 N/A 2,009,780 2,009,780
M1 - MOBILE HOMES 7,546,680 N/A 7,546,680 7,546,680
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 11,360 N/A 11,360 11,360
Subtotal 213,617,899 0 213,617,899 213,617,899
Less Total Deductions 46,595,556 0 46,595,556 46,595,556
Total Taxable Value 167,022,343 0 167,022,343 167,022,343

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 172,015,794 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 167,022,343 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 172,015,794 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 167,022,343 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 178,345,794 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 172,015,794 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 167,022,343 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 172,015,794 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 167,022,343 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 178,345,794 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 4,993,451 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 6,330,000 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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166-903-02/Milano ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 24,731,131 N/A 24,731,131 24,731,131
B - MULTIFAMILY 41,070 N/A 41,070 41,070
C1 - VACANT LOTS 311,570 N/A 311,570 311,570
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,848,877 N/A 5,848,877 5,848,877
D2 - FARM & RANCH IMP 6,301,500 N/A 6,301,500 6,301,500
E - NON-AG LAND AND IMPROVEMENTS 126,044,201 N/A 126,044,201 126,044,201
F1 - COMMERCIAL REAL 5,702,650 N/A 5,702,650 5,702,650
F2 - INDUSTRIAL REAL 439,420 N/A 439,420 439,420
G - ALL MINERALS 2,883,050 N/A 2,883,050 2,883,050
J - ALL UTILITIES 30,009,780 N/A 30,009,780 30,009,780
L1 - COMMERCIAL PERSONAL 1,736,830 N/A 1,736,830 1,736,830
L2 - INDUSTRIAL PERSONAL 2,009,780 N/A 2,009,780 2,009,780
M1 - MOBILE HOMES 7,546,680 N/A 7,546,680 7,546,680
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 11,360 N/A 11,360 11,360
Subtotal 213,617,899 213,617,899 213,617,899
Less Total Deductions 46,595,556 46,595,556 46,595,556
Total Taxable Value 167,022,343 167,022,343 167,022,343

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 172,015,794 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 167,022,343 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 172,015,794 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 167,022,343 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 178,345,794 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 172,015,794 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 167,022,343 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 172,015,794 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 167,022,343 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 178,345,794 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 4,993,451 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 6,330,000 Loss to the second most recent increase in the state-mandated homestead exemption

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