taxes Property Tax Assistance

2022 ISD Summary Worksheet

070-Ellis /Ellis County

070-909/Milford ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 50,833,407 0.9910 51,295,063 50,833,407
B - MULTIFAMILY 628,859 N/A 628,859 628,859
C1 - VACANT LOTS 2,898,983 N/A 2,898,983 2,898,983
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,944,872 3.0257 1,303,786 3,944,872
D2 - FARM & RANCH IMP 1,748,135 N/A 1,748,135 1,748,135
E - NON-AG LAND AND IMPROVEMENTS 40,986,566 1.0030 40,863,974 40,986,566
F1 - COMMERCIAL REAL 6,536,420 N/A 6,536,420 6,536,420
F2 - INDUSTRIAL REAL 153,829 N/A 153,829 153,829
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 26,795,307 0.9302 28,805,963 26,795,307
L1 - COMMERCIAL PERSONAL 21,141,064 N/A 21,141,064 21,141,064
L2 - INDUSTRIAL PERSONAL 1,928,846 N/A 1,928,846 1,928,846
M1 - MOBILE HOMES 3,546,221 N/A 3,546,221 3,546,221
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 161,142,509 0 160,851,143 161,142,509
Less Total Deductions 24,598,227 0 24,815,323 24,598,227
Total Taxable Value 136,544,282 0 136,035,820 136,544,282

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
139,170,693 136,544,282 139,170,693 136,544,282 141,360,693


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
2,626,411 0 2,190,000


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
139,170,693 136,544,282 139,170,693 136,544,282 141,360,693

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

109-Hill /Hill County

070-909/Milford ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 5,971,420 0.8716 6,851,101 5,971,420
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 319,940 N/A 319,940 319,940
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 716,880 1.4853 482,637 716,880
D2 - FARM & RANCH IMP 464,420 N/A 464,420 464,420
E - NON-AG LAND AND IMPROVEMENTS 15,407,920 0.8828 17,453,466 15,407,920
F1 - COMMERCIAL REAL 261,260 N/A 261,260 261,260
F2 - INDUSTRIAL REAL 5,575,050 N/A 5,575,050 5,575,050
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,048,240 N/A 1,048,240 1,048,240
L1 - COMMERCIAL PERSONAL 160,870 N/A 160,870 160,870
L2 - INDUSTRIAL PERSONAL 15,259,370 N/A 15,259,370 15,259,370
M1 - MOBILE HOMES 706,970 N/A 706,970 706,970
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 45,892,340 0 48,583,324 45,892,340
Less Total Deductions 4,176,793 0 4,828,121 4,176,793
Total Taxable Value 41,715,547 0 43,755,203 41,715,547

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
42,370,737 41,715,547 42,370,737 41,715,547 42,990,737


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
655,190 0 620,000


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
42,370,737 41,715,547 42,370,737 41,715,547 42,990,737

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

070-909-02/Milford ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 56,804,827 0.9769 58,146,164 56,804,827
B - MULTIFAMILY 628,859 N/A 628,859 628,859
C1 - VACANT LOTS 3,218,923 N/A 3,218,923 3,218,923
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,661,752 2.6095 1,786,423 4,661,752
D2 - FARM & RANCH IMP 2,212,555 N/A 2,212,555 2,212,555
E - NON-AG LAND AND IMPROVEMENTS 56,394,486 0.9670 58,317,440 56,394,486
F1 - COMMERCIAL REAL 6,797,680 N/A 6,797,680 6,797,680
F2 - INDUSTRIAL REAL 5,728,879 N/A 5,728,879 5,728,879
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 27,843,547 0.9327 29,854,203 27,843,547
L1 - COMMERCIAL PERSONAL 21,301,934 N/A 21,301,934 21,301,934
L2 - INDUSTRIAL PERSONAL 17,188,216 N/A 17,188,216 17,188,216
M1 - MOBILE HOMES 4,253,191 N/A 4,253,191 4,253,191
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 207,034,849 209,434,467 207,034,849
Less Total Deductions 28,775,020 29,643,444 28,775,020
Total Taxable Value 178,259,829 179,791,023 178,259,829

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
181,541,430 178,259,829 181,541,430 178,259,829 184,351,430


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
3,281,601 0 2,810,000


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
181,541,430 178,259,829 181,541,430 178,259,829 184,351,430

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