taxes Property Tax Assistance

2017 ISD Summary Worksheet

166/Milam

166-903/Milano ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 16,007,561 .9575 16,718,079 16,007,561
B. Multi-Family Residences 45,820 N/A 45,820 45,820
C1. Vacant Lots 929,780 N/A 929,780 929,780
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,685,199 1.0595 5,365,751 5,685,199
D2. Real Prop Farm & Ranch 4,925,611 N/A 4,925,611 4,925,611
E. Real Prop NonQual Acres 71,535,543 .8751 81,745,564 71,535,543
F1. Commercial Real 2,219,640 N/A 2,219,640 2,219,640
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 2,533,491 N/A 2,533,491 2,533,491
J. Utilities 19,510,240 .9573 20,380,487 19,510,240
L1. Commercial Personal 971,290 N/A 971,290 971,290
L2. Industrial Personal 705,220 N/A 705,220 705,220
M. Other Personal 6,184,290 N/A 6,184,290 6,184,290
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 15,190 N/A 15,190 15,190
Subtotal 131,268,875 142,740,213 131,268,875
Less Total Deductions 24,004,726   25,004,998 24,004,726
Total Taxable Value 107,264,149 117,735,215 107,264,149 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
110,736,865 107,264,149 110,736,865 107,264,149


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,472,716 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
110,736,865 107,264,149 110,736,865 107,264,149

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