taxes Property Tax Assistance

2018 ISD Summary Worksheet

112/Hopkins

112-907/Miller Grove ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 13,862,050 .9352 14,822,551 14,822,551
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 13,360 N/A 13,360 13,360
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,824,910 .9335 5,168,401 5,168,401
D2. Real Prop Farm & Ranch 614,540 N/A 614,540 614,540
E. Real Prop NonQual Acres 46,875,950 .9289 50,463,936 50,463,936
F1. Commercial Real 619,950 N/A 619,950 619,950
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 3,157,298 .8979 3,516,314 3,516,314
L1. Commercial Personal 982,050 N/A 982,050 982,050
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 2,025,060 N/A 2,025,060 2,025,060
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 72,975,168 78,226,162 78,226,162
Less Total Deductions 14,466,935   15,608,274 15,608,274
Total Taxable Value 58,508,233 62,617,888 62,617,888 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
66,023,931 62,617,888 66,023,931 62,617,888


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,406,043 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
66,023,931 62,617,888 66,023,931 62,617,888

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)

190/Rains

112-907/Miller Grove ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 434,946 N/A 434,946 434,946
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 216,723 N/A 216,723 216,723
D2. Real Prop Farm & Ranch 185,020 N/A 185,020 185,020
E. Real Prop NonQual Acres 1,476,086 N/A 1,476,086 1,476,086
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 165,675 N/A 165,675 165,675
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 38,480 N/A 38,480 38,480
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 2,516,930 2,516,930 2,516,930
Less Total Deductions 408,466   408,466 408,466
Total Taxable Value 2,108,464 2,108,464 2,108,464 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
2,175,187 2,108,464 2,175,187 2,108,464


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
66,723 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
2,175,187 2,108,464 2,175,187 2,108,464

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

112-907/Miller Grove ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 14,296,996 .9370 15,257,497 15,257,497
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 13,360 N/A 13,360 13,360
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,041,633 .9362 5,385,124 5,385,124
D2. Real Prop Farm & Ranch 799,560 N/A 799,560 799,560
E. Real Prop NonQual Acres 48,352,036 .9309 51,940,022 51,940,022
F1. Commercial Real 619,950 N/A 619,950 619,950
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 3,322,973 .9025 3,681,989 3,681,989
L1. Commercial Personal 982,050 N/A 982,050 982,050
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 2,063,540 N/A 2,063,540 2,063,540
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 75,492,098 80,743,092 80,743,092
Less Total Deductions 14,875,401   16,016,740 16,016,740
Total Taxable Value 60,616,697 64,726,352 64,726,352 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

112-907/Miller Grove 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
68,199,118 64,726,352 68,199,118 64,726,352


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,472,766 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
68,199,118 64,726,352 68,199,118 64,726,352

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