taxes Property Tax Assistance

2016 ISD Summary Worksheet

018/Bosque

018-903/Morgan ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 27,503,458 .9687 28,392,132 27,503,458
B. Multi-Family Residences 224,466 N/A 224,466 224,466
C1. Vacant Lots 2,834,153 N/A 2,834,153 2,834,153
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,373,276 .8853 2,680,876 2,373,276
D2. Real Prop Farm & Ranch 251,754 N/A 251,754 251,754
E. Real Prop NonQual Acres 21,916,772 .9287 23,599,410 21,916,772
F1. Commercial Real 948,764 N/A 948,764 948,764
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 6,703,223 1.0131 6,616,546 6,703,223
L1. Commercial Personal 609,764 N/A 609,764 609,764
L2. Industrial Personal 146,630 N/A 146,630 146,630
M. Other Personal 644,762 N/A 644,762 644,762
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 65,626,889 68,419,124 65,626,889
Less Total Deductions 8,574,412   8,941,377 8,574,412
Total Taxable Value 57,052,477 59,477,747 57,052,477 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
58,982,185 57,052,477 58,982,185 57,052,477


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,929,708 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
58,982,185 57,052,477 58,982,185 57,052,477

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