taxes Property Tax Assistance

2018 ISD Summary Worksheet

166-Milam

166-903/Milano ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 15,485,491 N/A 15,485,491 15,485,491
B. MULTIFAMILY RESIDENCES 45,820 N/A 45,820 45,820
C1. VACANT LOTS 835,985 N/A 835,985 835,985
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 5,626,796 N/A 5,626,796 5,626,796
D2. REAL PROP:FARM & RANCH 4,975,221 N/A 4,975,221 4,975,221
E. REAL PROP NONQUAL ACREAGE 71,195,833 N/A 71,195,833 71,195,833
F1. COMMERCIAL REAL 2,249,300 N/A 2,249,300 2,249,300
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 2,598,960 N/A 2,598,960 2,598,960
J. UTILITIES 20,446,430 N/A 20,446,430 20,446,430
L1. COMMERCIAL PERSONAL 770,200 N/A 770,200 770,200
L2. INDUSTRIAL PERSONAL 1,770,660 N/A 1,770,660 1,770,660
M. MOBILE HOMES 6,208,550 N/A 6,208,550 6,208,550
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 19,890 N/A 19,890 19,890
Subtotal 132,229,136 0 132,229,136 132,229,136
Less Total Deductions 23,813,215 0 23,813,215 23,813,215
Total Taxable Value 108,415,921 0 108,415,921 108,415,921

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
111,937,015 108,415,921 111,937,015 108,415,921


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,521,094 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
111,937,015 108,415,921 111,937,015 108,415,921

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

166-903-02/Milano ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 15,485,491 N/A 15,485,491 15,485,491
B. MULTIFAMILY RESIDENCES 45,820 N/A 45,820 45,820
C1. VACANT LOTS 835,985 N/A 835,985 835,985
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 5,626,796 N/A 5,626,796 5,626,796
D2. REAL PROP:FARM & RANCH 4,975,221 N/A 4,975,221 4,975,221
E. REAL PROP NONQUAL ACREAGE 71,195,833 N/A 71,195,833 71,195,833
F1. COMMERCIAL REAL 2,249,300 N/A 2,249,300 2,249,300
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 2,598,960 N/A 2,598,960 2,598,960
J. UTILITIES 20,446,430 N/A 20,446,430 20,446,430
L1. COMMERCIAL PERSONAL 770,200 N/A 770,200 770,200
L2. INDUSTRIAL PERSONAL 1,770,660 N/A 1,770,660 1,770,660
M. MOBILE HOMES 6,208,550 N/A 6,208,550 6,208,550
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 19,890 N/A 19,890 19,890
Subtotal 132,229,136 132,229,136 132,229,136
Less Total Deductions 23,813,215 23,813,215 23,813,215
Total Taxable Value 108,415,921 108,415,921 108,415,921

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
111,937,015 108,415,921 111,937,015 108,415,921


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,521,094 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
111,937,015 108,415,921 111,937,015 108,415,921

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