taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

018/Bosque

018-903/Morgan ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 27,245,932 N/A 27,245,932 27,245,932
B. Multi-Family Residences 224,267 N/A 224,267 224,267
C1. Vacant Lots 2,804,046 N/A 2,804,046 2,804,046
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,660,578 N/A 2,660,578 2,660,578
D2. Real Prop Farm & Ranch 228,521 N/A 228,521 228,521
E. Real Prop NonQual Acres 22,445,397 N/A 22,445,397 22,445,397
F1. Commercial Real 916,989 N/A 916,989 916,989
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 6,066,183 N/A 6,066,183 6,066,183
L1. Commercial Personal 597,697 N/A 597,697 597,697
L2. Industrial Personal 150,780 N/A 150,780 150,780
M. Other Personal 601,602 N/A 601,602 601,602
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,469,867 N/A 1,469,867 1,469,867
S. Special Inventory 0 N/A 0 0
Subtotal 65,411,859 65,411,859 65,411,859
Less Total Deductions 8,580,360   8,580,360 8,580,360
Total Taxable Value 56,831,499 56,831,499 56,831,499 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
58,781,475 56,831,499 58,781,475 56,831,499


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,949,976 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
58,781,475 56,831,499 58,781,475 56,831,499

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

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