taxes Property Tax Assistance

2019 ISD Summary Worksheet

018-Bosque

018-903/Morgan ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 31,728,896 1.0366 30,608,620 31,728,896
B. MULTIFAMILY RESIDENCES 297,329 N/A 297,329 297,329
C1. VACANT LOTS 3,273,838 N/A 3,273,838 3,273,838
D1. QUALIFIED AG LAND 2,830,650 1.0337 2,738,410 2,830,650
D2. REAL PROP:FARM & RANCH 1,527,165 N/A 1,527,165 1,527,165
E. REAL PROP NONQUAL ACREAGE 25,976,620 0.9178 28,303,138 25,976,620
F1. COMMERCIAL REAL 1,227,785 N/A 1,227,785 1,227,785
J. UTILITIES 8,714,556 0.6039 14,430,462 8,714,556
L1. COMMERCIAL PERSONAL 582,504 N/A 582,504 582,504
L2. INDUSTRIAL PERSONAL 127,670 N/A 127,670 127,670
M. MOBILE HOMES 629,071 N/A 629,071 629,071
O. RESIDENTIAL INVENTORY 1,745,974 N/A 1,745,974 1,745,974
Subtotal 78,662,058 0 85,491,966 78,662,058
Less Total Deductions 10,302,906 0 9,743,969 10,302,906
Total Taxable Value 68,359,152 0 75,747,997 68,359,152

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
70,508,530 68,359,152 70,508,530 68,359,152


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,149,378 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
70,508,530 68,359,152 70,508,530 68,359,152

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

018-903-02/Morgan ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 31,728,896 1.0366 30,608,620 31,728,896
B. MULTIFAMILY RESIDENCES 297,329 N/A 297,329 297,329
C1. VACANT LOTS 3,273,838 N/A 3,273,838 3,273,838
D1. QUALIFIED AG LAND 2,830,650 1.0337 2,738,410 2,830,650
D2. REAL PROP:FARM & RANCH 1,527,165 N/A 1,527,165 1,527,165
E. REAL PROP NONQUAL ACREAGE 25,976,620 0.9178 28,303,138 25,976,620
F1. COMMERCIAL REAL 1,227,785 N/A 1,227,785 1,227,785
J. UTILITIES 8,714,556 0.6039 14,430,462 8,714,556
L1. COMMERCIAL PERSONAL 582,504 N/A 582,504 582,504
L2. INDUSTRIAL PERSONAL 127,670 N/A 127,670 127,670
M. MOBILE HOMES 629,071 N/A 629,071 629,071
O. RESIDENTIAL INVENTORY 1,745,974 N/A 1,745,974 1,745,974
Subtotal 78,662,058 85,491,966 78,662,058
Less Total Deductions 10,302,906 9,743,969 10,302,906
Total Taxable Value 68,359,152 75,747,997 68,359,152

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
70,508,530 68,359,152 70,508,530 68,359,152


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,149,378 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
70,508,530 68,359,152 70,508,530 68,359,152

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