taxes Property Tax Assistance

2022 ISD Summary Worksheet

018-Bosque /Bosque County

018-903/Morgan ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	56,588,754	0.8590	65,877,478	56,588,754
B - MULTIFAMILY	378,882	N/A	378,882	378,882
C1 - VACANT LOTS	6,341,349	N/A	6,341,349	6,341,349
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,245,295	0.9276	3,498,476	3,245,295
D2 - FARM & RANCH IMP	1,867,898	N/A	1,867,898	1,867,898
E - NON-AG LAND AND IMPROVEMENTS	53,065,387	1.2138	43,718,394	53,065,387
F1 - COMMERCIAL REAL	2,092,099	N/A	2,092,099	2,092,099
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	13,730,564	0.9120	15,055,443	13,730,564
L1 - COMMERCIAL PERSONAL	687,555	N/A	687,555	687,555
L2 - INDUSTRIAL PERSONAL	60,719	N/A	60,719	60,719
M1 - MOBILE HOMES	1,726,803	N/A	1,726,803	1,726,803
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,643,929	N/A	1,643,929	1,643,929
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	141,429,234	0	142,949,025	141,429,234
Less Total Deductions	28,565,942	0	34,511,422	28,565,942
Total Taxable Value	112,863,292	0	108,437,603	112,863,292

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
115,870,885	112,863,292	115,870,885	112,863,292	118,520,885

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
3,007,593	0	2,650,000

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
115,870,885	112,863,292	115,870,885	112,863,292	118,520,885

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

018-903-02/Morgan ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	56,588,754	0.8590	65,877,478	56,588,754
B - MULTIFAMILY	378,882	N/A	378,882	378,882
C1 - VACANT LOTS	6,341,349	N/A	6,341,349	6,341,349
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,245,295	0.9276	3,498,476	3,245,295
D2 - FARM & RANCH IMP	1,867,898	N/A	1,867,898	1,867,898
E - NON-AG LAND AND IMPROVEMENTS	53,065,387	1.2138	43,718,394	53,065,387
F1 - COMMERCIAL REAL	2,092,099	N/A	2,092,099	2,092,099
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	13,730,564	0.9120	15,055,443	13,730,564
L1 - COMMERCIAL PERSONAL	687,555	N/A	687,555	687,555
L2 - INDUSTRIAL PERSONAL	60,719	N/A	60,719	60,719
M1 - MOBILE HOMES	1,726,803	N/A	1,726,803	1,726,803
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,643,929	N/A	1,643,929	1,643,929
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	141,429,234		142,949,025	141,429,234
Less Total Deductions	28,565,942		34,511,422	28,565,942
Total Taxable Value	112,863,292		108,437,603	112,863,292

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
115,870,885	112,863,292	115,870,885	112,863,292	118,520,885

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
3,007,593	0	2,650,000

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
115,870,885	112,863,292	115,870,885	112,863,292	118,520,885

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