taxes Property Tax Assistance

2021 ISD Summary Worksheet

175-Navarro /Navarro County

175-910/Mildred ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	347,603,230	0.9099	382,023,552	347,603,230
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	71,489,020	1.0203	70,066,667	71,489,020
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,273,054	1.3354	2,451,060	3,273,054
D2 - FARM & RANCH IMP	1,847,910	N/A	1,847,910	1,847,910
E - NON-AG LAND AND IMPROVEMENTS	63,479,501	0.9484	66,933,257	63,479,501
F1 - COMMERCIAL REAL	10,637,450	N/A	10,637,450	10,637,450
F2 - INDUSTRIAL REAL	15,789,940	N/A	15,789,940	15,789,940
G - ALL MINERALS	3,257,230	N/A	3,257,230	3,257,230
J - ALL UTILITIES	36,967,560	0.8792	42,046,815	36,967,560
L1 - COMMERCIAL PERSONAL	5,233,810	N/A	5,233,810	5,233,810
L2 - INDUSTRIAL PERSONAL	64,936,000	N/A	64,936,000	64,936,000
M1 - MOBILE HOMES	5,205,970	N/A	5,205,970	5,205,970
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	12,100	N/A	12,100	12,100
Subtotal	629,732,775	0	670,441,761	629,732,775
Less Total Deductions	62,990,834	0	75,252,654	62,990,834
Total Taxable Value	566,741,941	0	595,189,107	566,741,941

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
575,663,661	566,741,941	575,663,661	566,741,941

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
8,921,720	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
575,663,661	566,741,941	575,663,661	566,741,941

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

175-910-02/Mildred ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	347,603,230	0.9099	382,023,552	347,603,230
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	71,489,020	1.0203	70,066,667	71,489,020
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,273,054	1.3354	2,451,060	3,273,054
D2 - FARM & RANCH IMP	1,847,910	N/A	1,847,910	1,847,910
E - NON-AG LAND AND IMPROVEMENTS	63,479,501	0.9484	66,933,257	63,479,501
F1 - COMMERCIAL REAL	10,637,450	N/A	10,637,450	10,637,450
F2 - INDUSTRIAL REAL	15,789,940	N/A	15,789,940	15,789,940
G - ALL MINERALS	3,257,230	N/A	3,257,230	3,257,230
J - ALL UTILITIES	36,967,560	0.8792	42,046,815	36,967,560
L1 - COMMERCIAL PERSONAL	5,233,810	N/A	5,233,810	5,233,810
L2 - INDUSTRIAL PERSONAL	64,936,000	N/A	64,936,000	64,936,000
M1 - MOBILE HOMES	5,205,970	N/A	5,205,970	5,205,970
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	12,100	N/A	12,100	12,100
Subtotal	629,732,775		670,441,761	629,732,775
Less Total Deductions	62,990,834		75,252,654	62,990,834
Total Taxable Value	566,741,941		595,189,107	566,741,941

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
575,663,661	566,741,941	575,663,661	566,741,941

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
8,921,720	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
575,663,661	566,741,941	575,663,661	566,741,941

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