taxes Property Tax Assistance

2024 ISD Summary Worksheet

Stephenville ISD (all splits)   Erath County  

072-Erath/Erath County

072-903/Stephenville ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 1,518,464,550 0.9759 1,555,963,265 1,518,464,550
B - MULTIFAMILY 297,426,490 0.9946 299,041,313 297,426,490
C1 - VACANT LOTS 13,259,950 N/A 13,259,950 13,259,950
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,127,150 1.1957 12,650,920 15,127,150
D2 - FARM & RANCH IMP 12,948,430 N/A 12,948,430 12,948,430
E - NON-AG LAND AND IMPROVEMENTS 773,444,780 0.9342 827,922,051 773,444,780
F1 - COMMERCIAL REAL 483,041,670 0.9882 488,809,624 483,041,670
F2 - INDUSTRIAL REAL 78,087,120 N/A 78,087,120 78,087,120
G - ALL MINERALS 487,750 N/A 487,750 487,750
J - ALL UTILITIES 197,965,410 0.9821 201,573,577 197,965,410
L1 - COMMERCIAL PERSONAL 265,746,380 1.0201 260,510,126 265,746,380
L2 - INDUSTRIAL PERSONAL 323,992,990 N/A 323,992,990 323,992,990
M1 - MOBILE HOMES 19,223,800 N/A 19,223,800 19,223,800
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,261,380 N/A 1,261,380 1,261,380
S - SPECIAL INVENTORY 16,164,110 N/A 16,164,110 16,164,110
Subtotal 4,016,641,960 0 4,111,896,406 4,016,641,960
Less Total Deductions 1,047,726,466 0 1,065,167,269 1,047,726,466
Total Taxable Value 2,968,915,494 0 3,046,729,137 2,968,915,494

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's office 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 school 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 3,228,826,278 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,968,915,494 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 3,228,826,278 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,968,915,494 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,299,266,278 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 3,346,226,278 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 3,121,339,273 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 3,228,826,278 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,968,915,494 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 3,228,826,278 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,968,915,494 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,299,266,278 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 3,346,226,278 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 3,121,339,273 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 259,910,784 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 70,440,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 46,960,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


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072-903-02/Stephenville ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 1,518,464,550 0.9759 1,555,963,265 1,518,464,550
B - MULTIFAMILY 297,426,490 0.9946 299,041,313 297,426,490
C1 - VACANT LOTS 13,259,950 N/A 13,259,950 13,259,950
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,127,150 1.1957 12,650,920 15,127,150
D2 - FARM & RANCH IMP 12,948,430 N/A 12,948,430 12,948,430
E - NON-AG LAND AND IMPROVEMENTS 773,444,780 0.9342 827,922,051 773,444,780
F1 - COMMERCIAL REAL 483,041,670 0.9882 488,809,624 483,041,670
F2 - INDUSTRIAL REAL 78,087,120 N/A 78,087,120 78,087,120
G - ALL MINERALS 487,750 N/A 487,750 487,750
J - ALL UTILITIES 197,965,410 0.9821 201,573,577 197,965,410
L1 - COMMERCIAL PERSONAL 265,746,380 1.0201 260,510,126 265,746,380
L2 - INDUSTRIAL PERSONAL 323,992,990 N/A 323,992,990 323,992,990
M1 - MOBILE HOMES 19,223,800 N/A 19,223,800 19,223,800
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,261,380 N/A 1,261,380 1,261,380
S - SPECIAL INVENTORY 16,164,110 N/A 16,164,110 16,164,110
Subtotal 4,016,641,960 4,111,896,406 4,016,641,960
Less Total Deductions 1,047,726,466 1,065,167,269 1,047,726,466
Total Taxable Value 2,968,915,494 3,046,729,137 2,968,915,494

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's office 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 school 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 3,228,826,278 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,968,915,494 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 3,228,826,278 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,968,915,494 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,299,266,278 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 3,346,226,278 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 3,121,339,273 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 3,228,826,278 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,968,915,494 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 3,228,826,278 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,968,915,494 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,299,266,278 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 3,346,226,278 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 3,121,339,273 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 259,910,784 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 70,440,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 46,960,000 Loss to the third most recent increase in the state-mandated homestead exemption

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