taxes Property Tax Assistance

2024 ISD Summary Worksheet

Thorndale ISD (all splits)   Milam County   Williamson County  

166-Milam/Milam County

166-905/Thorndale ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 170,467,409 N/A 170,467,409 170,467,409
B - MULTIFAMILY 2,625,230 N/A 2,625,230 2,625,230
C1 - VACANT LOTS 973,070 N/A 973,070 973,070
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,709,871 N/A 10,709,871 10,709,871
D2 - FARM & RANCH IMP 7,351,733 N/A 7,351,733 7,351,733
E - NON-AG LAND AND IMPROVEMENTS 202,206,329 N/A 202,206,329 202,206,329
F1 - COMMERCIAL REAL 12,630,340 N/A 12,630,340 12,630,340
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 25,827,000 N/A 25,827,000 25,827,000
L1 - COMMERCIAL PERSONAL 5,689,690 N/A 5,689,690 5,689,690
L2 - INDUSTRIAL PERSONAL 26,152,080 N/A 26,152,080 26,152,080
M1 - MOBILE HOMES 5,789,240 N/A 5,789,240 5,789,240
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,876,933 N/A 3,876,933 3,876,933
S - SPECIAL INVENTORY 330 N/A 330 330
Subtotal 474,299,255 0 474,299,255 474,299,255
Less Total Deductions 183,818,962 0 183,818,962 183,818,962
Total Taxable Value 290,480,293 0 290,480,293 290,480,293

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 329,723,568 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 290,480,293 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 329,723,568 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 290,480,293 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 343,388,568 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 352,498,568 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 306,129,433 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 329,723,568 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 290,480,293 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 329,723,568 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 290,480,293 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 343,388,568 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 352,498,568 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 306,129,433 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 39,243,275 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 13,665,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 9,110,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


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246-Williamson/Williamson County

166-905/Thorndale ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 6,606,295 N/A 6,606,295 6,606,295
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 542,601 N/A 542,601 542,601
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,946,402 N/A 1,946,402 1,946,402
D2 - FARM & RANCH IMP 927,671 N/A 927,671 927,671
E - NON-AG LAND AND IMPROVEMENTS 27,461,606 N/A 27,461,606 27,461,606
F1 - COMMERCIAL REAL 271,481 N/A 271,481 271,481
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 2,594,912 N/A 2,594,912 2,594,912
L1 - COMMERCIAL PERSONAL 350,148 N/A 350,148 350,148
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 0 N/A 0 0
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 25,889 N/A 25,889 25,889
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 40,727,005 0 40,727,005 40,727,005
Less Total Deductions 10,230,612 0 10,230,612 10,230,612
Total Taxable Value 30,496,393 0 30,496,393 30,496,393

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 34,955,991 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 30,496,393 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 34,955,991 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 30,496,393 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 36,170,991 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 36,980,991 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 30,496,393 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 34,955,991 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 30,496,393 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 34,955,991 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 30,496,393 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 36,170,991 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 36,980,991 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 30,496,393 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 4,459,598 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 1,215,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 810,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED.


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166-905-02/Thorndale ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 177,073,704 N/A 177,073,704 177,073,704
B - MULTIFAMILY 2,625,230 N/A 2,625,230 2,625,230
C1 - VACANT LOTS 1,515,671 N/A 1,515,671 1,515,671
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,656,273 N/A 12,656,273 12,656,273
D2 - FARM & RANCH IMP 8,279,404 N/A 8,279,404 8,279,404
E - NON-AG LAND AND IMPROVEMENTS 229,667,935 N/A 229,667,935 229,667,935
F1 - COMMERCIAL REAL 12,901,821 N/A 12,901,821 12,901,821
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 28,421,912 N/A 28,421,912 28,421,912
L1 - COMMERCIAL PERSONAL 6,039,838 N/A 6,039,838 6,039,838
L2 - INDUSTRIAL PERSONAL 26,152,080 N/A 26,152,080 26,152,080
M1 - MOBILE HOMES 5,789,240 N/A 5,789,240 5,789,240
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,902,822 N/A 3,902,822 3,902,822
S - SPECIAL INVENTORY 330 N/A 330 330
Subtotal 515,026,260 515,026,260 515,026,260
Less Total Deductions 194,049,574 194,049,574 194,049,574
Total Taxable Value 320,976,686 320,976,686 320,976,686

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 364,679,559 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 320,976,686 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 364,679,559 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 320,976,686 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 379,559,559 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 389,479,559 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 336,625,826 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 364,679,559 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 320,976,686 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 364,679,559 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 320,976,686 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 379,559,559 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 389,479,559 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 336,625,826 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 43,702,873 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 14,880,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 9,920,000 Loss to the third most recent increase in the state-mandated homestead exemption

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