taxes Property Tax Assistance

2018 ISD Summary Worksheet

070/Ellis

070-909/Milford ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 17,495,667 .9072 19,285,347 17,495,667
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 437,760 N/A 437,760 437,760
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,705,821 1.7452 2,696,388 4,705,821
D2. Real Prop Farm & Ranch 1,125,878 N/A 1,125,878 1,125,878
E. Real Prop NonQual Acres 14,075,575 .9207 15,287,906 14,075,575
F1. Commercial Real 3,047,450 .9865 3,089,154 3,047,450
F2. Industrial Real 182,660 N/A 182,660 182,660
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 17,498,944 .9142 19,141,264 17,498,944
L1. Commercial Personal 1,778,332 N/A 1,778,332 1,778,332
L2. Industrial Personal 1,288,236 N/A 1,288,236 1,288,236
M. Other Personal 992,120 N/A 992,120 992,120
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 82,450 N/A 82,450 82,450
S. Special Inventory 0 N/A 0 0
Subtotal 62,710,893 65,387,495 62,710,893
Less Total Deductions 8,729,608   9,608,461 8,729,608
Total Taxable Value 53,981,285 55,779,034 53,981,285 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
55,778,022 53,981,285 55,778,022 53,981,285


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,796,737 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
55,778,022 53,981,285 55,778,022 53,981,285

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

109/Hill

070-909/Milford ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 3,734,250 .8622 4,331,072 3,734,250
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 215,110 N/A 215,110 215,110
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 785,880 1.2070 651,080 785,880
D2. Real Prop Farm & Ranch 310,790 N/A 310,790 310,790
E. Real Prop NonQual Acres 7,682,180 .9922 7,742,572 7,682,180
F1. Commercial Real 203,280 N/A 203,280 203,280
F2. Industrial Real 3,139,680 N/A 3,139,680 3,139,680
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 990,970 1.0005 990,475 990,970
L1. Commercial Personal 101,650 N/A 101,650 101,650
L2. Industrial Personal 11,449,580 N/A 11,449,580 11,449,580
M. Other Personal 379,440 N/A 379,440 379,440
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 28,992,810 29,514,729 28,992,810
Less Total Deductions 2,185,464   2,569,953 2,185,464
Total Taxable Value 26,807,346 26,944,776 26,807,346 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
27,195,064 26,807,346 27,195,064 26,807,346


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
387,718 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
27,195,064 26,807,346 27,195,064 26,807,346

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

070-909/Milford ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 21,229,917 .8989 23,616,419 21,229,917
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 652,870 N/A 652,870 652,870
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,491,701 1.6406 3,347,468 5,491,701
D2. Real Prop Farm & Ranch 1,436,668 N/A 1,436,668 1,436,668
E. Real Prop NonQual Acres 21,757,755 .9447 23,030,478 21,757,755
F1. Commercial Real 3,250,730 .9873 3,292,434 3,250,730
F2. Industrial Real 3,322,340 N/A 3,322,340 3,322,340
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 18,489,914 .9184 20,131,739 18,489,914
L1. Commercial Personal 1,879,982 N/A 1,879,982 1,879,982
L2. Industrial Personal 12,737,816 N/A 12,737,816 12,737,816
M. Other Personal 1,371,560 N/A 1,371,560 1,371,560
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 82,450 N/A 82,450 82,450
S. Special Inventory 0 N/A 0 0
Subtotal 91,703,703 94,902,224 91,703,703
Less Total Deductions 10,915,072   12,178,414 10,915,072
Total Taxable Value 80,788,631 82,723,810 80,788,631 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

Comptroller Of Public Accounts - Property Tax Division

2018 ISD Summary Worksheet

070-909/Milford ISD

Final Values Worksheet

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
82,973,086 80,788,631 82,973,086 80,788,631


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,184,455 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
82,973,086 80,788,631 82,973,086 80,788,631

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