taxes Property Tax Assistance

2025 ISD Summary Worksheet

Milano ISD (all splits)   Milam County  

166-Milam/Milam County

166-903/Milano ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 40,866,330 1.0021 40,780,691 40,866,330
B - MULTIFAMILY 118,250 N/A 118,250 118,250
C1 - VACANT LOTS 2,017,440 N/A 2,017,440 2,017,440
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,229,529 1.1505 7,153,302 8,229,529
D2 - FARM & RANCH IMP 21,613,641 N/A 21,613,641 21,613,641
E - NON-AG LAND AND IMPROVEMENTS 193,384,886 0.8742 221,213,551 193,384,886
F1 - COMMERCIAL REAL 8,780,738 N/A 8,780,738 8,780,738
F2 - INDUSTRIAL REAL 37,590 N/A 37,590 37,590
G - ALL MINERALS 3,788,060 N/A 3,788,060 3,788,060
J - ALL UTILITIES 35,263,310 0.9674 36,451,633 35,263,310
L1 - COMMERCIAL PERSONAL 3,350,180 N/A 3,350,180 3,350,180
L2 - INDUSTRIAL PERSONAL 1,934,450 N/A 1,934,450 1,934,450
M1 - MOBILE HOMES 11,637,271 N/A 11,637,271 11,637,271
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 6,290 N/A 6,290 6,290
Subtotal 331,027,965 0 358,883,087 331,027,965
Less Total Deductions 120,183,704 0 120,019,240 120,183,704
Total Taxable Value 210,844,261 0 238,863,847 210,844,261

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 223,227,595 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 210,844,261 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 223,227,595 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 210,844,261 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 249,049,219 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 257,445,407 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 223,588,805 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 263,502,633 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 216,878,585 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 223,227,595 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 210,844,261 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 223,227,595 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 210,844,261 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 249,049,219 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 257,445,407 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 223,588,805 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 263,502,633 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 216,878,585 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 12,383,334 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 25,821,624 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 8,396,188 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 6,057,226 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 6,034,324 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD.


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166-903-02/Milano ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 40,866,330 1.0021 40,780,691 40,866,330
B - MULTIFAMILY 118,250 N/A 118,250 118,250
C1 - VACANT LOTS 2,017,440 N/A 2,017,440 2,017,440
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,229,529 1.1505 7,153,302 8,229,529
D2 - FARM & RANCH IMP 21,613,641 N/A 21,613,641 21,613,641
E - NON-AG LAND AND IMPROVEMENTS 193,384,886 0.8742 221,213,551 193,384,886
F1 - COMMERCIAL REAL 8,780,738 N/A 8,780,738 8,780,738
F2 - INDUSTRIAL REAL 37,590 N/A 37,590 37,590
G - ALL MINERALS 3,788,060 N/A 3,788,060 3,788,060
J - ALL UTILITIES 35,263,310 0.9674 36,451,633 35,263,310
L1 - COMMERCIAL PERSONAL 3,350,180 N/A 3,350,180 3,350,180
L2 - INDUSTRIAL PERSONAL 1,934,450 N/A 1,934,450 1,934,450
M1 - MOBILE HOMES 11,637,271 N/A 11,637,271 11,637,271
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 6,290 N/A 6,290 6,290
Subtotal 331,027,965 358,883,087 331,027,965
Less Total Deductions 120,183,704 120,019,240 120,183,704
Total Taxable Value 210,844,261 238,863,847 210,844,261

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 223,227,595 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 210,844,261 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 223,227,595 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 210,844,261 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 249,049,219 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 257,445,407 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 223,588,805 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 263,502,633 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 216,878,585 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 223,227,595 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 210,844,261 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 223,227,595 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 210,844,261 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 249,049,219 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 257,445,407 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 223,588,805 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 263,502,633 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 216,878,585 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 12,383,334 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 25,821,624 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 8,396,188 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 6,057,226 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 6,034,324 Loss to the increase in the Over-65/Disabled Homestead

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