taxes Property Tax Assistance

2020 ISD Summary Worksheet

072-Erath

072-901/Three Way ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	1,678,000	N/A	1,678,000	1,678,000
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	108,360	N/A	108,360	108,360
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,947,250	N/A	5,947,250	5,947,250
D2 - FARM & RANCH IMP	584,280	N/A	584,280	584,280
E - NON-AG LAND AND IMPROVEMENTS	44,732,170	N/A	44,732,170	44,732,170
F1 - COMMERCIAL REAL	746,060	N/A	746,060	746,060
F2 - INDUSTRIAL REAL	11,440	N/A	11,440	11,440
G - ALL MINERALS	193,170	N/A	193,170	193,170
J - ALL UTILITIES	4,654,240	N/A	4,654,240	4,654,240
L1 - COMMERCIAL PERSONAL	1,911,600	N/A	1,911,600	1,911,600
L2 - INDUSTRIAL PERSONAL	597,170	N/A	597,170	597,170
M1 - MOBILE HOMES	791,530	N/A	791,530	791,530
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	61,955,270	0	61,955,270	61,955,270
Less Total Deductions	5,710,185	0	5,710,185	5,710,185
Total Taxable Value	56,245,085	0	56,245,085	56,245,085

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
57,388,135	56,245,085	57,388,135	56,245,085

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,143,050	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
57,388,135	56,245,085	57,388,135	56,245,085

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

213-Somervell

072-901/Three Way ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	1,715,210	N/A	1,715,210	1,715,210
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	46,670	N/A	46,670	46,670
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	116,972	N/A	116,972	116,972
D2 - FARM & RANCH IMP	0	N/A	0	0
E - NON-AG LAND AND IMPROVEMENTS	3,490,360	N/A	3,490,360	3,490,360
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	295,100	N/A	295,100	295,100
L1 - COMMERCIAL PERSONAL	1,820	N/A	1,820	1,820
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	12,050	N/A	12,050	12,050
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	5,678,182	0	5,678,182	5,678,182
Less Total Deductions	566,512	0	566,512	566,512
Total Taxable Value	5,111,670	0	5,111,670	5,111,670

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
5,211,670	5,111,670	5,211,670	5,111,670

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
100,000	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
5,211,670	5,111,670	5,211,670	5,111,670

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

072-901-02/Three Way ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	3,393,210	N/A	3,393,210	3,393,210
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	155,030	N/A	155,030	155,030
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	6,064,222	N/A	6,064,222	6,064,222
D2 - FARM & RANCH IMP	584,280	N/A	584,280	584,280
E - NON-AG LAND AND IMPROVEMENTS	48,222,530	N/A	48,222,530	48,222,530
F1 - COMMERCIAL REAL	746,060	N/A	746,060	746,060
F2 - INDUSTRIAL REAL	11,440	N/A	11,440	11,440
G - ALL MINERALS	193,170	N/A	193,170	193,170
J - ALL UTILITIES	4,949,340	N/A	4,949,340	4,949,340
L1 - COMMERCIAL PERSONAL	1,913,420	N/A	1,913,420	1,913,420
L2 - INDUSTRIAL PERSONAL	597,170	N/A	597,170	597,170
M1 - MOBILE HOMES	803,580	N/A	803,580	803,580
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	67,633,452		67,633,452	67,633,452
Less Total Deductions	6,276,697		6,276,697	6,276,697
Total Taxable Value	61,356,755		61,356,755	61,356,755

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
62,599,805	61,356,755	62,599,805	61,356,755

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,243,050	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
62,599,805	61,356,755	62,599,805	61,356,755

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