taxes Property Tax Assistance

2022 ISD Summary Worksheet

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 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
76,286,209	74,614,529	76,286,209	74,614,529	77,546,209

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
1,671,680	0	1,260,000

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
76,286,209	74,614,529	76,286,209	74,614,529	77,546,209

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

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 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
8,177,401	8,012,401	8,177,401	8,012,401	8,287,401

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
165,000	0	110,000

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
8,177,401	8,012,401	8,177,401	8,012,401	8,287,401

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

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 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
84,463,610	82,626,930	84,463,610	82,626,930	85,833,610

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
1,836,680	0	1,370,000

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
84,463,610	82,626,930	84,463,610	82,626,930	85,833,610

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