taxes Property Tax Assistance

2023 ISD Summary Worksheet

Milford ISD (all splits)   Ellis County   Hill County  

070-Ellis/Ellis County

070-909/Milford ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 60,357,029 N/A 60,357,029 60,357,029
B - MULTIFAMILY 480,757 N/A 480,757 480,757
C1 - VACANT LOTS 2,566,392 N/A 2,566,392 2,566,392
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,382,054 N/A 4,382,054 4,382,054
D2 - FARM & RANCH IMP 2,726,411 N/A 2,726,411 2,726,411
E - NON-AG LAND AND IMPROVEMENTS 47,884,751 N/A 47,884,751 47,884,751
F1 - COMMERCIAL REAL 7,250,431 N/A 7,250,431 7,250,431
F2 - INDUSTRIAL REAL 198,636 N/A 198,636 198,636
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 38,286,430 N/A 38,286,430 38,286,430
L1 - COMMERCIAL PERSONAL 3,015,495 N/A 3,015,495 3,015,495
L2 - INDUSTRIAL PERSONAL 1,559,567 N/A 1,559,567 1,559,567
M1 - MOBILE HOMES 3,780,939 N/A 3,780,939 3,780,939
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 59,500 N/A 59,500 59,500
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 172,548,392 0 172,548,392 172,548,392
Less Total Deductions 43,740,461 0 43,740,461 43,740,461
Total Taxable Value 128,807,931 0 128,807,931 128,807,931

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

Measure Value Description
T1 138,746,286 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 128,807,931 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 138,746,286 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 128,807,931 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 142,391,286 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 144,821,286 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 131,292,516 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 138,746,286 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 128,807,931 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 138,746,286 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 128,807,931 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 142,391,286 T13 plus the loss to the chapter 313 agreement
T16 144,821,286 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 131,292,516 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 9,938,355 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 3,645,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,430,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED


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109-Hill/Hill County

070-909/Milford ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 7,553,800 N/A 7,553,800 7,553,800
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 486,850 N/A 486,850 486,850
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 653,950 N/A 653,950 653,950
D2 - FARM & RANCH IMP 728,500 N/A 728,500 728,500
E - NON-AG LAND AND IMPROVEMENTS 20,127,980 N/A 20,127,980 20,127,980
F1 - COMMERCIAL REAL 276,060 N/A 276,060 276,060
F2 - INDUSTRIAL REAL 5,535,400 N/A 5,535,400 5,535,400
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,629,170 N/A 1,629,170 1,629,170
L1 - COMMERCIAL PERSONAL 131,300 N/A 131,300 131,300
L2 - INDUSTRIAL PERSONAL 17,217,130 N/A 17,217,130 17,217,130
M1 - MOBILE HOMES 749,510 N/A 749,510 749,510
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 55,089,650 0 55,089,650 55,089,650
Less Total Deductions 8,149,947 0 8,149,947 8,149,947
Total Taxable Value 46,939,703 0 46,939,703 46,939,703

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

Measure Value Description
T1 49,734,006 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 46,939,703 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 49,734,006 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 46,939,703 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 50,799,006 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 51,509,006 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 47,510,563 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 49,734,006 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 46,939,703 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 49,734,006 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 46,939,703 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 50,799,006 T13 plus the loss to the chapter 313 agreement
T16 51,509,006 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 47,510,563 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,794,303 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,065,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 710,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED


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070-909-02/Milford ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 67,910,829 N/A 67,910,829 67,910,829
B - MULTIFAMILY 480,757 N/A 480,757 480,757
C1 - VACANT LOTS 3,053,242 N/A 3,053,242 3,053,242
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,036,004 N/A 5,036,004 5,036,004
D2 - FARM & RANCH IMP 3,454,911 N/A 3,454,911 3,454,911
E - NON-AG LAND AND IMPROVEMENTS 68,012,731 N/A 68,012,731 68,012,731
F1 - COMMERCIAL REAL 7,526,491 N/A 7,526,491 7,526,491
F2 - INDUSTRIAL REAL 5,734,036 N/A 5,734,036 5,734,036
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 39,915,600 N/A 39,915,600 39,915,600
L1 - COMMERCIAL PERSONAL 3,146,795 N/A 3,146,795 3,146,795
L2 - INDUSTRIAL PERSONAL 18,776,697 N/A 18,776,697 18,776,697
M1 - MOBILE HOMES 4,530,449 N/A 4,530,449 4,530,449
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 59,500 N/A 59,500 59,500
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 227,638,042 227,638,042 227,638,042
Less Total Deductions 51,890,408 51,890,408 51,890,408
Total Taxable Value 175,747,634 175,747,634 175,747,634

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

Measure Value Description
T1 188,480,292 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 175,747,634 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 188,480,292 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 175,747,634 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 193,190,292 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 196,330,292 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 178,803,079 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 188,480,292 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 175,747,634 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 188,480,292 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 175,747,634 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 193,190,292 T13 plus the loss to the chapter 313 agreement
T16 196,330,292 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 178,803,079 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 12,732,658 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 4,710,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,140,000 Loss to Second Previous Homestead Increase

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