Top navigation skipped
2023 ISD Summary Worksheet
070-Ellis/Ellis County
070-907/Italy ISD
| Category | Local Tax Roll Value | 2023 WTD Mean Ratio | 2023 PTAD Value Estimate | 2023 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 184,373,920 | N/A | 184,373,920 | 184,373,920 |
| B - MULTIFAMILY | 9,269,214 | N/A | 9,269,214 | 9,269,214 |
| C1 - VACANT LOTS | 6,005,167 | N/A | 6,005,167 | 6,005,167 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 5,951,717 | N/A | 5,951,717 | 5,951,717 |
| D2 - FARM & RANCH IMP | 6,123,651 | N/A | 6,123,651 | 6,123,651 |
| E - NON-AG LAND AND IMPROVEMENTS | 85,739,435 | N/A | 85,739,435 | 85,739,435 |
| F1 - COMMERCIAL REAL | 46,341,568 | N/A | 46,341,568 | 46,341,568 |
| F2 - INDUSTRIAL REAL | 1,578,198 | N/A | 1,578,198 | 1,578,198 |
| G - ALL MINERALS | 0 | N/A | 0 | 0 |
| J - ALL UTILITIES | 8,959,874 | N/A | 8,959,874 | 8,959,874 |
| L1 - COMMERCIAL PERSONAL | 10,691,314 | N/A | 10,691,314 | 10,691,314 |
| L2 - INDUSTRIAL PERSONAL | 841,275 | N/A | 841,275 | 841,275 |
| M1 - MOBILE HOMES | 4,030,444 | N/A | 4,030,444 | 4,030,444 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 225,426 | N/A | 225,426 | 225,426 |
| S - SPECIAL INVENTORY | 0 | N/A | 0 | 0 |
| Subtotal | 370,131,203 | 0 | 370,131,203 | 370,131,203 |
| Less Total Deductions | 118,408,892 | 0 | 118,408,892 | 118,408,892 |
| Total Taxable Value | 251,722,311 | 0 | 251,722,311 | 251,722,311 |
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 | 285,191,259 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 251,722,311 | 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 | 285,191,259 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 251,722,311 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 295,331,259 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 302,091,259 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 254,251,586 | 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 | 285,191,259 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 251,722,311 | 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 | 285,191,259 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 251,722,311 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 295,331,259 | T13 plus the loss to the chapter 313 agreement |
| T16 | 302,091,259 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 254,251,586 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 33,468,948 | 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 | 10,140,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 6,760,000 | Loss to Second Previous Homestead Increase |
THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED
070-907-02/Italy ISD
| Category | Local Tax Roll Value | 2023 WTD Mean Ratio | 2023 PTAD Value Estimate | 2023 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 184,373,920 | N/A | 184,373,920 | 184,373,920 |
| B - MULTIFAMILY | 9,269,214 | N/A | 9,269,214 | 9,269,214 |
| C1 - VACANT LOTS | 6,005,167 | N/A | 6,005,167 | 6,005,167 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 5,951,717 | N/A | 5,951,717 | 5,951,717 |
| D2 - FARM & RANCH IMP | 6,123,651 | N/A | 6,123,651 | 6,123,651 |
| E - NON-AG LAND AND IMPROVEMENTS | 85,739,435 | N/A | 85,739,435 | 85,739,435 |
| F1 - COMMERCIAL REAL | 46,341,568 | N/A | 46,341,568 | 46,341,568 |
| F2 - INDUSTRIAL REAL | 1,578,198 | N/A | 1,578,198 | 1,578,198 |
| G - ALL MINERALS | 0 | N/A | 0 | 0 |
| J - ALL UTILITIES | 8,959,874 | N/A | 8,959,874 | 8,959,874 |
| L1 - COMMERCIAL PERSONAL | 10,691,314 | N/A | 10,691,314 | 10,691,314 |
| L2 - INDUSTRIAL PERSONAL | 841,275 | N/A | 841,275 | 841,275 |
| M1 - MOBILE HOMES | 4,030,444 | N/A | 4,030,444 | 4,030,444 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 225,426 | N/A | 225,426 | 225,426 |
| S - SPECIAL INVENTORY | 0 | N/A | 0 | 0 |
| Subtotal | 370,131,203 | 370,131,203 | 370,131,203 | |
| Less Total Deductions | 118,408,892 | 118,408,892 | 118,408,892 | |
| Total Taxable Value | 251,722,311 | 251,722,311 | 251,722,311 |
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 | 285,191,259 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 251,722,311 | 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 | 285,191,259 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 251,722,311 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 295,331,259 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 302,091,259 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 254,251,586 | 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 | 285,191,259 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 251,722,311 | 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 | 285,191,259 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 251,722,311 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 295,331,259 | T13 plus the loss to the chapter 313 agreement |
| T16 | 302,091,259 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 254,251,586 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 33,468,948 | 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 | 10,140,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 6,760,000 | Loss to Second Previous Homestead Increase |