taxes Property Tax Assistance

2022 ISD Summary Worksheet

070-Ellis/Ellis County

070-909/Milford ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 50,081,628 0.9910 50,536,456 50,081,628
B - MULTIFAMILY 415,419 N/A 415,419 415,419
C1 - VACANT LOTS 2,866,130 N/A 2,866,130 2,866,130
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,976,960 3.0172 1,318,079 3,976,960
D2 - FARM & RANCH IMP 1,748,135 N/A 1,748,135 1,748,135
E - NON-AG LAND AND IMPROVEMENTS 39,962,092 1.0030 39,842,564 39,962,092
F1 - COMMERCIAL REAL 6,536,420 N/A 6,536,420 6,536,420
F2 - INDUSTRIAL REAL 153,829 N/A 153,829 153,829
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 26,795,307 0.9302 28,805,963 26,795,307
L1 - COMMERCIAL PERSONAL 21,141,064 N/A 21,141,064 21,141,064
L2 - INDUSTRIAL PERSONAL 1,928,846 N/A 1,928,846 1,928,846
M1 - MOBILE HOMES 3,415,324 N/A 3,415,324 3,415,324
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 159,021,154 0 158,708,229 159,021,154
Less Total Deductions 25,506,189 0 25,723,298 25,506,189
Total Taxable Value 133,514,965 0 132,984,931 133,514,965

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 T13
136,124,451 133,514,965 136,124,451 133,514,965 138,404,451


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
2,609,486 0 2,280,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
136,124,451 133,514,965 136,124,451 133,514,965 138,404,451

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

109-Hill/Hill County

070-909/Milford ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 5,971,420 0.8716 6,851,101 5,971,420
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 319,940 N/A 319,940 319,940
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 716,880 1.4853 482,637 716,880
D2 - FARM & RANCH IMP 464,420 N/A 464,420 464,420
E - NON-AG LAND AND IMPROVEMENTS 15,407,920 0.8828 17,453,466 15,407,920
F1 - COMMERCIAL REAL 261,260 N/A 261,260 261,260
F2 - INDUSTRIAL REAL 5,575,050 N/A 5,575,050 5,575,050
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,048,240 N/A 1,048,240 1,048,240
L1 - COMMERCIAL PERSONAL 160,870 N/A 160,870 160,870
L2 - INDUSTRIAL PERSONAL 15,259,370 N/A 15,259,370 15,259,370
M1 - MOBILE HOMES 706,970 N/A 706,970 706,970
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 45,892,340 0 48,583,324 45,892,340
Less Total Deductions 4,176,793 0 4,828,121 4,176,793
Total Taxable Value 41,715,547 0 43,755,203 41,715,547

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 T13
42,370,737 41,715,547 42,370,737 41,715,547 42,990,737


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
655,190 0 620,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
42,370,737 41,715,547 42,370,737 41,715,547 42,990,737

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

070-909-02/Milford ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 56,053,048 0.9767 57,387,557 56,053,048
B - MULTIFAMILY 415,419 N/A 415,419 415,419
C1 - VACANT LOTS 3,186,070 N/A 3,186,070 3,186,070
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,693,840 2.6067 1,800,716 4,693,840
D2 - FARM & RANCH IMP 2,212,555 N/A 2,212,555 2,212,555
E - NON-AG LAND AND IMPROVEMENTS 55,370,012 0.9664 57,296,030 55,370,012
F1 - COMMERCIAL REAL 6,797,680 N/A 6,797,680 6,797,680
F2 - INDUSTRIAL REAL 5,728,879 N/A 5,728,879 5,728,879
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 27,843,547 0.9327 29,854,203 27,843,547
L1 - COMMERCIAL PERSONAL 21,301,934 N/A 21,301,934 21,301,934
L2 - INDUSTRIAL PERSONAL 17,188,216 N/A 17,188,216 17,188,216
M1 - MOBILE HOMES 4,122,294 N/A 4,122,294 4,122,294
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 204,913,494 207,291,553 204,913,494
Less Total Deductions 29,682,982 30,551,419 29,682,982
Total Taxable Value 175,230,512 176,740,134 175,230,512

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 T13
178,495,188 175,230,512 178,495,188 175,230,512 181,395,188


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
3,264,676 0 2,900,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
178,495,188 175,230,512 178,495,188 175,230,512 181,395,188

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement