taxes Property Tax Assistance

2020 ISD Summary Worksheet

072-Erath

072-910/Morgan Mill ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 15,642,340 N/A 15,642,340 15,642,340
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,154,470 N/A 1,154,470 1,154,470
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,402,770 N/A 5,402,770 5,402,770
D2 - FARM & RANCH IMP 1,354,650 N/A 1,354,650 1,354,650
E - NON-AG LAND AND IMPROVEMENTS 78,387,310 N/A 78,387,310 78,387,310
F1 - COMMERCIAL REAL 2,921,420 N/A 2,921,420 2,921,420
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 731,160 N/A 731,160 731,160
J - ALL UTILITIES 17,245,380 N/A 17,245,380 17,245,380
L1 - COMMERCIAL PERSONAL 1,402,670 N/A 1,402,670 1,402,670
L2 - INDUSTRIAL PERSONAL 169,660 N/A 169,660 169,660
M1 - MOBILE HOMES 979,890 N/A 979,890 979,890
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 314,540 N/A 314,540 314,540
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 125,706,260 0 125,706,260 125,706,260
Less Total Deductions 14,675,871 0 14,675,871 14,675,871
Total Taxable Value 111,030,389 0 111,030,389 111,030,389

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
113,707,339 111,030,389 113,707,339 111,030,389


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,676,950 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
113,707,339 111,030,389 113,707,339 111,030,389

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

072-910-02/Morgan Mill ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 15,642,340 N/A 15,642,340 15,642,340
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,154,470 N/A 1,154,470 1,154,470
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,402,770 N/A 5,402,770 5,402,770
D2 - FARM & RANCH IMP 1,354,650 N/A 1,354,650 1,354,650
E - NON-AG LAND AND IMPROVEMENTS 78,387,310 N/A 78,387,310 78,387,310
F1 - COMMERCIAL REAL 2,921,420 N/A 2,921,420 2,921,420
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 731,160 N/A 731,160 731,160
J - ALL UTILITIES 17,245,380 N/A 17,245,380 17,245,380
L1 - COMMERCIAL PERSONAL 1,402,670 N/A 1,402,670 1,402,670
L2 - INDUSTRIAL PERSONAL 169,660 N/A 169,660 169,660
M1 - MOBILE HOMES 979,890 N/A 979,890 979,890
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 314,540 N/A 314,540 314,540
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 125,706,260 125,706,260 125,706,260
Less Total Deductions 14,675,871 14,675,871 14,675,871
Total Taxable Value 111,030,389 111,030,389 111,030,389

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
113,707,339 111,030,389 113,707,339 111,030,389


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,676,950 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
113,707,339 111,030,389 113,707,339 111,030,389

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