taxes Property Tax Assistance

2019 ISD Summary Worksheet

070-Ellis

070-909/Milford ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 23,239,994 N/A 23,239,994 23,239,994
B. MULTIFAMILY RESIDENCES 221,510 N/A 221,510 221,510
C1. VACANT LOTS 778,500 N/A 778,500 778,500
D1. QUALIFIED AG LAND 3,806,327 N/A 3,806,327 3,806,327
D2. REAL PROP:FARM & RANCH 1,179,131 N/A 1,179,131 1,179,131
E. REAL PROP NONQUAL ACREAGE 22,925,989 N/A 22,925,989 22,925,989
F1. COMMERCIAL REAL 3,831,400 N/A 3,831,400 3,831,400
F2. INDUSTRIAL REAL 185,070 N/A 185,070 185,070
J. UTILITIES 18,443,319 N/A 18,443,319 18,443,319
L1. COMMERCIAL PERSONAL 1,999,892 N/A 1,999,892 1,999,892
L2. INDUSTRIAL PERSONAL 2,989,410 N/A 2,989,410 2,989,410
M. MOBILE HOMES 1,352,280 N/A 1,352,280 1,352,280
O. RESIDENTIAL INVENTORY 33,000 N/A 33,000 33,000
Subtotal 80,985,822 0 80,985,822 80,985,822
Less Total Deductions 11,790,950 0 11,790,950 11,790,950
Total Taxable Value 69,194,872 0 69,194,872 69,194,872

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
70,856,796 69,194,872 70,856,796 69,194,872


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,661,924 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
70,856,796 69,194,872 70,856,796 69,194,872

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 4,318,910 N/A 4,318,910 4,318,910
C1. VACANT LOTS 222,710 N/A 222,710 222,710
D1. QUALIFIED AG LAND 803,500 N/A 803,500 803,500
D2. REAL PROP:FARM & RANCH 358,940 N/A 358,940 358,940
E. REAL PROP NONQUAL ACREAGE 8,225,070 N/A 8,225,070 8,225,070
F1. COMMERCIAL REAL 212,870 N/A 212,870 212,870
F2. INDUSTRIAL REAL 3,647,020 N/A 3,647,020 3,647,020
J. UTILITIES 879,690 N/A 879,690 879,690
L1. COMMERCIAL PERSONAL 79,820 N/A 79,820 79,820
L2. INDUSTRIAL PERSONAL 14,227,730 N/A 14,227,730 14,227,730
M. MOBILE HOMES 371,920 N/A 371,920 371,920
Subtotal 33,348,180 0 33,348,180 33,348,180
Less Total Deductions 2,263,610 0 2,263,610 2,263,610
Total Taxable Value 31,084,570 0 31,084,570 31,084,570

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
31,510,368 31,084,570 31,510,368 31,084,570


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
425,798 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
31,510,368 31,084,570 31,510,368 31,084,570

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

070-909-02/Milford ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 27,558,904 N/A 27,558,904 27,558,904
B. MULTIFAMILY RESIDENCES 221,510 N/A 221,510 221,510
C1. VACANT LOTS 1,001,210 N/A 1,001,210 1,001,210
D1. QUALIFIED AG LAND 4,609,827 N/A 4,609,827 4,609,827
D2. REAL PROP:FARM & RANCH 1,538,071 N/A 1,538,071 1,538,071
E. REAL PROP NONQUAL ACREAGE 31,151,059 N/A 31,151,059 31,151,059
F1. COMMERCIAL REAL 4,044,270 N/A 4,044,270 4,044,270
F2. INDUSTRIAL REAL 3,832,090 N/A 3,832,090 3,832,090
J. UTILITIES 19,323,009 N/A 19,323,009 19,323,009
L1. COMMERCIAL PERSONAL 2,079,712 N/A 2,079,712 2,079,712
L2. INDUSTRIAL PERSONAL 17,217,140 N/A 17,217,140 17,217,140
M. MOBILE HOMES 1,724,200 N/A 1,724,200 1,724,200
O. RESIDENTIAL INVENTORY 33,000 N/A 33,000 33,000
Subtotal 114,334,002 114,334,002 114,334,002
Less Total Deductions 14,054,560 14,054,560 14,054,560
Total Taxable Value 100,279,442 100,279,442 100,279,442

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
102,367,164 100,279,442 102,367,164 100,279,442


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,087,722 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
102,367,164 100,279,442 102,367,164 100,279,442

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