taxes Property Tax Assistance

2025 ISD Summary Worksheet

Morton ISD (all splits)   Cochran County  

040-Cochran/Cochran County

040-901/Morton ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 21,738,007 0.6857 31,701,921 31,701,921
B - MULTIFAMILY 26,470 N/A 26,470 26,470
C1 - VACANT LOTS 247,188 N/A 247,188 247,188
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,264,296 0.8252 7,590,878 7,590,878
D2 - FARM & RANCH IMP 422,165 N/A 422,165 422,165
E - NON-AG LAND AND IMPROVEMENTS 10,681,370 0.7338 14,556,241 14,556,241
F1 - COMMERCIAL REAL 4,789,368 0.8066 5,937,724 5,937,724
F2 - INDUSTRIAL REAL 690,129 N/A 690,129 690,129
G - ALL MINERALS 2,711,797 0.9881 2,744,456 2,744,456
J - ALL UTILITIES 6,075,316 N/A 6,075,316 6,075,316
L1 - COMMERCIAL PERSONAL 3,834,116 0.8877 4,319,157 4,319,157
L2 - INDUSTRIAL PERSONAL 2,851,059 N/A 2,851,059 2,851,059
M1 - MOBILE HOMES 406,680 N/A 406,680 406,680
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 671,415 N/A 671,415 671,415
Subtotal 61,409,376 0 78,240,799 78,240,799
Less Total Deductions 19,732,478 0 22,754,406 22,754,406
Total Taxable Value 41,676,898 0 55,486,393 55,486,393

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 56,393,012 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 55,486,393 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 56,393,012 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 55,486,393 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 62,059,493 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 65,019,398 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 55,486,393 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
T19 67,847,524 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 55,486,393 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 56,393,012 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 55,486,393 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 56,393,012 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 55,486,393 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 62,059,493 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 65,019,398 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 55,486,393 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
T20 67,847,524 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 55,486,393 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 906,619 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 5,666,481 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 2,959,905 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 2,828,126 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 0 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE THE VALUES FOR YOUR SCHOOL DISTRICT ARE BELOW THE 90% CUTOFF AND YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE.


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040-901-02/Morton ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 21,738,007 0.6857 31,701,921 31,701,921
B - MULTIFAMILY 26,470 N/A 26,470 26,470
C1 - VACANT LOTS 247,188 N/A 247,188 247,188
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,264,296 0.8252 7,590,878 7,590,878
D2 - FARM & RANCH IMP 422,165 N/A 422,165 422,165
E - NON-AG LAND AND IMPROVEMENTS 10,681,370 0.7338 14,556,241 14,556,241
F1 - COMMERCIAL REAL 4,789,368 0.8066 5,937,724 5,937,724
F2 - INDUSTRIAL REAL 690,129 N/A 690,129 690,129
G - ALL MINERALS 2,711,797 0.9881 2,744,456 2,744,456
J - ALL UTILITIES 6,075,316 N/A 6,075,316 6,075,316
L1 - COMMERCIAL PERSONAL 3,834,116 0.8877 4,319,157 4,319,157
L2 - INDUSTRIAL PERSONAL 2,851,059 N/A 2,851,059 2,851,059
M1 - MOBILE HOMES 406,680 N/A 406,680 406,680
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 671,415 N/A 671,415 671,415
Subtotal 61,409,376 78,240,799 78,240,799
Less Total Deductions 19,732,478 22,754,406 22,754,406
Total Taxable Value 41,676,898 55,486,393 55,486,393

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 56,393,012 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 55,486,393 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 56,393,012 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 55,486,393 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 62,059,493 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 65,019,398 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 55,486,393 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
T19 67,847,524 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 55,486,393 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 56,393,012 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 55,486,393 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 56,393,012 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 55,486,393 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 62,059,493 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 65,019,398 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 55,486,393 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
T20 67,847,524 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 55,486,393 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 906,619 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 5,666,481 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 2,959,905 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 2,828,126 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 0 Loss to the increase in the Over-65/Disabled Homestead

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