taxes Property Tax Assistance

2021 ISD Summary Worksheet

072-Erath /Erath County

072-903/Stephenville ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 933,475,050 0.9708 961,552,379 933,475,050
B - MULTIFAMILY 202,594,530 0.7997 253,338,164 202,594,530
C1 - VACANT LOTS 10,958,850 N/A 10,958,850 10,958,850
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,076,860 1.3946 12,962,338 18,076,860
D2 - FARM & RANCH IMP 7,556,260 N/A 7,556,260 7,556,260
E - NON-AG LAND AND IMPROVEMENTS 393,099,520 0.9192 427,653,960 393,099,520
F1 - COMMERCIAL REAL 351,600,750 0.9955 353,190,105 351,600,750
F2 - INDUSTRIAL REAL 63,494,070 N/A 63,494,070 63,494,070
G - ALL MINERALS 328,580 N/A 328,580 328,580
J - ALL UTILITIES 100,425,350 N/A 100,425,350 100,425,350
L1 - COMMERCIAL PERSONAL 134,403,960 1.0383 129,446,172 134,403,960
L2 - INDUSTRIAL PERSONAL 383,017,200 N/A 383,017,200 383,017,200
M1 - MOBILE HOMES 9,554,670 N/A 9,554,670 9,554,670
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,380,490 N/A 2,380,490 2,380,490
S - SPECIAL INVENTORY 8,803,670 N/A 8,803,670 8,803,670
Subtotal 2,619,769,810 0 2,724,662,258 2,619,769,810
Less Total Deductions 391,525,345 0 401,617,898 391,525,345
Total Taxable Value 2,228,244,465 0 2,323,044,360 2,228,244,465

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
2,272,150,632 2,228,244,465 2,272,150,632 2,228,244,465


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
43,906,167 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
2,272,150,632 2,228,244,465 2,272,150,632 2,228,244,465

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

072-903-02/Stephenville ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 933,475,050 0.9708 961,552,379 933,475,050
B - MULTIFAMILY 202,594,530 0.7997 253,338,164 202,594,530
C1 - VACANT LOTS 10,958,850 N/A 10,958,850 10,958,850
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,076,860 1.3946 12,962,338 18,076,860
D2 - FARM & RANCH IMP 7,556,260 N/A 7,556,260 7,556,260
E - NON-AG LAND AND IMPROVEMENTS 393,099,520 0.9192 427,653,960 393,099,520
F1 - COMMERCIAL REAL 351,600,750 0.9955 353,190,105 351,600,750
F2 - INDUSTRIAL REAL 63,494,070 N/A 63,494,070 63,494,070
G - ALL MINERALS 328,580 N/A 328,580 328,580
J - ALL UTILITIES 100,425,350 N/A 100,425,350 100,425,350
L1 - COMMERCIAL PERSONAL 134,403,960 1.0383 129,446,172 134,403,960
L2 - INDUSTRIAL PERSONAL 383,017,200 N/A 383,017,200 383,017,200
M1 - MOBILE HOMES 9,554,670 N/A 9,554,670 9,554,670
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,380,490 N/A 2,380,490 2,380,490
S - SPECIAL INVENTORY 8,803,670 N/A 8,803,670 8,803,670
Subtotal 2,619,769,810 2,724,662,258 2,619,769,810
Less Total Deductions 391,525,345 401,617,898 391,525,345
Total Taxable Value 2,228,244,465 2,323,044,360 2,228,244,465

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
2,272,150,632 2,228,244,465 2,272,150,632 2,228,244,465


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
43,906,167 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
2,272,150,632 2,228,244,465 2,272,150,632 2,228,244,465

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