taxes Property Tax Assistance

2025 ISD Summary Worksheet

Italy ISD (all splits)   Ellis County  

070-Ellis/Ellis County

070-907/Italy ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 185,846,197 N/A 185,846,197 185,846,197
B - MULTIFAMILY 10,543,937 N/A 10,543,937 10,543,937
C1 - VACANT LOTS 8,296,569 N/A 8,296,569 8,296,569
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,228,290 N/A 7,228,290 7,228,290
D2 - FARM & RANCH IMP 7,140,329 N/A 7,140,329 7,140,329
E - NON-AG LAND AND IMPROVEMENTS 105,862,427 N/A 105,862,427 105,862,427
F1 - COMMERCIAL REAL 53,113,708 N/A 53,113,708 53,113,708
F2 - INDUSTRIAL REAL 1,073,640 N/A 1,073,640 1,073,640
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 12,917,398 N/A 12,917,398 12,917,398
L1 - COMMERCIAL PERSONAL 11,733,605 N/A 11,733,605 11,733,605
L2 - INDUSTRIAL PERSONAL 1,876,517 N/A 1,876,517 1,876,517
M1 - MOBILE HOMES 5,110,990 N/A 5,110,990 5,110,990
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,186,669 N/A 1,186,669 1,186,669
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 411,930,276 0 411,930,276 411,930,276
Less Total Deductions 157,434,144 0 157,434,144 157,434,144
Total Taxable Value 254,496,132 0 254,496,132 254,496,132

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 277,453,509 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 254,496,132 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 277,453,509 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 254,496,132 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 316,402,441 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 326,845,077 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 261,678,771 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
T19 333,955,526 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 263,023,325 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 277,453,509 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 254,496,132 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 277,453,509 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 254,496,132 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 316,402,441 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 326,845,077 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 261,678,771 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
T20 333,955,526 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 263,023,325 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 22,957,377 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 38,948,932 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 10,442,636 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 7,110,449 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 8,527,193 Loss to the increase in the Over-65/Disabled Homestead

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


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070-907-02/Italy ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 185,846,197 N/A 185,846,197 185,846,197
B - MULTIFAMILY 10,543,937 N/A 10,543,937 10,543,937
C1 - VACANT LOTS 8,296,569 N/A 8,296,569 8,296,569
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,228,290 N/A 7,228,290 7,228,290
D2 - FARM & RANCH IMP 7,140,329 N/A 7,140,329 7,140,329
E - NON-AG LAND AND IMPROVEMENTS 105,862,427 N/A 105,862,427 105,862,427
F1 - COMMERCIAL REAL 53,113,708 N/A 53,113,708 53,113,708
F2 - INDUSTRIAL REAL 1,073,640 N/A 1,073,640 1,073,640
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 12,917,398 N/A 12,917,398 12,917,398
L1 - COMMERCIAL PERSONAL 11,733,605 N/A 11,733,605 11,733,605
L2 - INDUSTRIAL PERSONAL 1,876,517 N/A 1,876,517 1,876,517
M1 - MOBILE HOMES 5,110,990 N/A 5,110,990 5,110,990
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,186,669 N/A 1,186,669 1,186,669
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 411,930,276 411,930,276 411,930,276
Less Total Deductions 157,434,144 157,434,144 157,434,144
Total Taxable Value 254,496,132 254,496,132 254,496,132

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 277,453,509 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 254,496,132 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 277,453,509 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 254,496,132 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 316,402,441 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 326,845,077 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 261,678,771 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
T19 333,955,526 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 263,023,325 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 277,453,509 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 254,496,132 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 277,453,509 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 254,496,132 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 316,402,441 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 326,845,077 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 261,678,771 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
T20 333,955,526 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 263,023,325 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 22,957,377 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 38,948,932 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 10,442,636 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 7,110,449 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 8,527,193 Loss to the increase in the Over-65/Disabled Homestead

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