taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

070/Ellis

070-909/Milford ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 14,278,190 .9630 14,826,781 14,278,190
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 471,322 N/A 471,322 471,322
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,672,035 1.6107 2,900,538 4,672,035
D2. Real Prop Farm & Ranch 607,050 N/A 607,050 607,050
E. Real Prop NonQual Acres 10,946,650 .9277 11,799,774 10,946,650
F1. Commercial Real 1,569,730 N/A 1,569,730 1,569,730
F2. Industrial Real 142,920 N/A 142,920 142,920
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 22,835,500 .8926 25,583,128 22,835,500
L1. Commercial Personal 1,845,832 N/A 1,845,832 1,845,832
L2. Industrial Personal 1,238,080 N/A 1,238,080 1,238,080
M. Other Personal 1,103,830 N/A 1,103,830 1,103,830
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 45,250 N/A 45,250 45,250
S. Special Inventory 0 N/A 0 0
Subtotal 59,756,389 62,134,235 59,756,389
Less Total Deductions 5,757,454   6,039,461 5,757,454
Total Taxable Value 53,998,935 56,094,774 53,998,935 T2

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 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 districts that have not entered into value limitation agreements, T1 through T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
56,055,332 53,998,935 56,055,332 53,998,935 54,360,303 54,360,303


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,056,397 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
56,055,332 53,998,935 56,055,332 53,998,935 54,360,303 54,360,303

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

109/Hill

070-909/Milford ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 2,917,670 .9425 3,095,671 2,917,670
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 184,630 N/A 184,630 184,630
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 713,350 .9989 714,107 713,350
D2. Real Prop Farm & Ranch 126,450 N/A 126,450 126,450
E. Real Prop NonQual Acres 5,171,660 .9819 5,266,993 5,171,660
F1. Commercial Real 224,820 N/A 224,820 224,820
F2. Industrial Real 1,752,350 N/A 1,752,350 1,752,350
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 1,127,950 .9308 1,211,807 1,127,950
L1. Commercial Personal 20,090 N/A 20,090 20,090
L2. Industrial Personal 11,826,960 N/A 11,826,960 11,826,960
M. Other Personal 284,820 N/A 284,820 284,820
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 24,350,750 24,708,698 24,350,750
Less Total Deductions 1,169,048   1,241,954 1,169,048
Total Taxable Value 23,181,702 23,466,744 23,181,702 T2

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 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 districts that have not entered into value limitation agreements, T1 through T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
23,593,082 23,181,702 23,593,082 23,181,702 23,181,702 23,181,702


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
411,380 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
23,593,082 23,181,702 23,593,082 23,181,702 23,181,702 23,181,702

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

070-909/Milford ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 17,195,860 .9595 17,922,452 17,195,860
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 655,952 N/A 655,952 655,952
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,385,385 1.4899 3,614,645 5,385,385
D2. Real Prop Farm & Ranch 733,500 N/A 733,500 733,500
E. Real Prop NonQual Acres 16,118,310 .9444 17,066,767 16,118,310
F1. Commercial Real 1,794,550 N/A 1,794,550 1,794,550
F2. Industrial Real 1,895,270 N/A 1,895,270 1,895,270
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 23,963,450 .8943 26,794,935 23,963,450
L1. Commercial Personal 1,865,922 N/A 1,865,922 1,865,922
L2. Industrial Personal 13,065,040 N/A 13,065,040 13,065,040
M. Other Personal 1,388,650 N/A 1,388,650 1,388,650
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 45,250 N/A 45,250 45,250
S. Special Inventory 0 N/A 0 0
Subtotal 84,107,139 86,842,933 84,107,139
Less Total Deductions 6,926,502   7,281,415 6,926,502
Total Taxable Value 77,180,637 79,561,518 77,180,637 T2

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