taxes Property Tax Assistance

2023 ISD Summary Worksheet

Thorndale ISD (all splits)   Milam County   Williamson County  

166-Milam/Milam County

166-905/Thorndale ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 155,646,779 0.9909 157,076,172 155,646,779
B - MULTIFAMILY 2,842,130 N/A 2,842,130 2,842,130
C1 - VACANT LOTS 1,078,570 N/A 1,078,570 1,078,570
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,317,050 1.1624 9,735,913 11,317,050
D2 - FARM & RANCH IMP 6,200,031 N/A 6,200,031 6,200,031
E - NON-AG LAND AND IMPROVEMENTS 164,586,896 0.9723 169,275,837 164,586,896
F1 - COMMERCIAL REAL 14,088,880 N/A 14,088,880 14,088,880
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 23,957,290 0.9526 25,149,370 23,957,290
L1 - COMMERCIAL PERSONAL 3,173,080 N/A 3,173,080 3,173,080
L2 - INDUSTRIAL PERSONAL 626,220 N/A 626,220 626,220
M1 - MOBILE HOMES 7,962,440 N/A 7,962,440 7,962,440
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 391,479,366 0 397,208,643 391,479,366
Less Total Deductions 143,260,728 0 144,301,661 143,260,728
Total Taxable Value 248,218,638 0 252,906,982 248,218,638

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

Measure Value Description
T1 284,842,625 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 248,218,638 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 284,842,625 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 248,218,638 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 298,027,625 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 306,817,625 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 259,259,562 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 284,842,625 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 248,218,638 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 284,842,625 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 248,218,638 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 298,027,625 T13 plus the loss to the chapter 313 agreement
T16 306,817,625 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 259,259,562 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 36,623,987 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 13,185,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 8,790,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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246-Williamson/Williamson County

166-905/Thorndale ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 6,058,128 N/A 6,058,128 6,058,128
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 703,048 N/A 703,048 703,048
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,103,508 N/A 2,103,508 2,103,508
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 22,275,931 N/A 22,275,931 22,275,931
F1 - COMMERCIAL REAL 276,010 N/A 276,010 276,010
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 2,622,874 N/A 2,622,874 2,622,874
L1 - COMMERCIAL PERSONAL 337,350 N/A 337,350 337,350
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 0 N/A 0 0
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 34,376,849 0 34,376,849 34,376,849
Less Total Deductions 10,630,655 0 10,630,655 10,630,655
Total Taxable Value 23,746,194 0 23,746,194 23,746,194

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

Measure Value Description
T1 28,146,503 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 23,746,194 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 28,146,503 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 23,746,194 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 29,316,503 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 30,096,503 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 25,382,234 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 28,146,503 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 23,746,194 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 28,146,503 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 23,746,194 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 29,316,503 T13 plus the loss to the chapter 313 agreement
T16 30,096,503 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 25,382,234 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,400,309 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,170,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 780,000 Loss to Second Previous Homestead Increase

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


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166-905-02/Thorndale ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 161,704,907 0.9912 163,134,300 161,704,907
B - MULTIFAMILY 2,842,130 N/A 2,842,130 2,842,130
C1 - VACANT LOTS 1,781,618 N/A 1,781,618 1,781,618
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,420,558 1.1335 11,839,421 13,420,558
D2 - FARM & RANCH IMP 6,200,031 N/A 6,200,031 6,200,031
E - NON-AG LAND AND IMPROVEMENTS 186,862,827 0.9755 191,551,768 186,862,827
F1 - COMMERCIAL REAL 14,364,890 N/A 14,364,890 14,364,890
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 26,580,164 0.9571 27,772,244 26,580,164
L1 - COMMERCIAL PERSONAL 3,510,430 N/A 3,510,430 3,510,430
L2 - INDUSTRIAL PERSONAL 626,220 N/A 626,220 626,220
M1 - MOBILE HOMES 7,962,440 N/A 7,962,440 7,962,440
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 425,856,215 431,585,492 425,856,215
Less Total Deductions 153,891,383 154,932,316 153,891,383
Total Taxable Value 271,964,832 276,653,176 271,964,832

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

Measure Value Description
T1 312,989,128 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 271,964,832 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 312,989,128 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 271,964,832 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 327,344,128 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 336,914,128 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 284,641,796 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 312,989,128 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 271,964,832 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 312,989,128 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 271,964,832 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 327,344,128 T13 plus the loss to the chapter 313 agreement
T16 336,914,128 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 284,641,796 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 41,024,296 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 14,355,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 9,570,000 Loss to Second Previous Homestead Increase

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