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2023 ISD Summary Worksheet
026-Burleson/Burleson County
026-902/Somerville ISD
| Category | Local Tax Roll Value | 2023 WTD Mean Ratio | 2023 PTAD Value Estimate | 2023 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 272,297,410 | 0.9698 | 280,776,872 | 272,297,410 |
| B - MULTIFAMILY | 1,209,939 | N/A | 1,209,939 | 1,209,939 |
| C1 - VACANT LOTS | 48,296,774 | 0.9423 | 51,254,138 | 48,296,774 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 5,022,460 | 1.1558 | 4,345,350 | 5,022,460 |
| D2 - FARM & RANCH IMP | 8,053,991 | N/A | 8,053,991 | 8,053,991 |
| E - NON-AG LAND AND IMPROVEMENTS | 173,099,361 | 0.9753 | 177,483,196 | 173,099,361 |
| F1 - COMMERCIAL REAL | 34,087,443 | 0.9215 | 36,991,257 | 34,087,443 |
| F2 - INDUSTRIAL REAL | 3,295,195 | N/A | 3,295,195 | 3,295,195 |
| G - ALL MINERALS | 39,296,270 | N/A | 39,296,270 | 39,296,270 |
| J - ALL UTILITIES | 33,636,751 | 0.8374 | 40,168,081 | 33,636,751 |
| L1 - COMMERCIAL PERSONAL | 8,016,549 | N/A | 8,016,549 | 8,016,549 |
| L2 - INDUSTRIAL PERSONAL | 56,865,610 | N/A | 56,865,610 | 56,865,610 |
| M1 - MOBILE HOMES | 29,360,564 | N/A | 29,360,564 | 29,360,564 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 0 | N/A | 0 | 0 |
| S - SPECIAL INVENTORY | 10,500 | N/A | 10,500 | 10,500 |
| Subtotal | 712,548,817 | 0 | 737,127,512 | 712,548,817 |
| Less Total Deductions | 222,633,879 | 0 | 227,809,990 | 222,633,879 |
| Total Taxable Value | 489,914,938 | 0 | 509,317,522 | 489,914,938 |
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 | 547,167,022 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 489,914,938 | 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 | 547,167,022 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 489,914,938 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 572,772,022 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 589,842,022 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 498,748,967 | 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 | 547,167,022 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 489,914,938 | 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 | 547,167,022 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 489,914,938 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 572,772,022 | T13 plus the loss to the chapter 313 agreement |
| T16 | 589,842,022 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 498,748,967 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 57,252,084 | 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 | 25,605,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 17,070,000 | 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
026-902-02/Somerville ISD
| Category | Local Tax Roll Value | 2023 WTD Mean Ratio | 2023 PTAD Value Estimate | 2023 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 272,297,410 | 0.9698 | 280,776,872 | 272,297,410 |
| B - MULTIFAMILY | 1,209,939 | N/A | 1,209,939 | 1,209,939 |
| C1 - VACANT LOTS | 48,296,774 | 0.9423 | 51,254,138 | 48,296,774 |
| C2 - COLONIA LOTS | 0 | N/A | 0 | 0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 5,022,460 | 1.1558 | 4,345,350 | 5,022,460 |
| D2 - FARM & RANCH IMP | 8,053,991 | N/A | 8,053,991 | 8,053,991 |
| E - NON-AG LAND AND IMPROVEMENTS | 173,099,361 | 0.9753 | 177,483,196 | 173,099,361 |
| F1 - COMMERCIAL REAL | 34,087,443 | 0.9215 | 36,991,257 | 34,087,443 |
| F2 - INDUSTRIAL REAL | 3,295,195 | N/A | 3,295,195 | 3,295,195 |
| G - ALL MINERALS | 39,296,270 | N/A | 39,296,270 | 39,296,270 |
| J - ALL UTILITIES | 33,636,751 | 0.8374 | 40,168,081 | 33,636,751 |
| L1 - COMMERCIAL PERSONAL | 8,016,549 | N/A | 8,016,549 | 8,016,549 |
| L2 - INDUSTRIAL PERSONAL | 56,865,610 | N/A | 56,865,610 | 56,865,610 |
| M1 - MOBILE HOMES | 29,360,564 | N/A | 29,360,564 | 29,360,564 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 0 | N/A | 0 | 0 |
| S - SPECIAL INVENTORY | 10,500 | N/A | 10,500 | 10,500 |
| Subtotal | 712,548,817 | 737,127,512 | 712,548,817 | |
| Less Total Deductions | 222,633,879 | 227,809,990 | 222,633,879 | |
| Total Taxable Value | 489,914,938 | 509,317,522 | 489,914,938 |
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 | 547,167,022 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 489,914,938 | 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 | 547,167,022 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 489,914,938 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 572,772,022 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 589,842,022 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 498,748,967 | 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 | 547,167,022 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 489,914,938 | 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 | 547,167,022 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 489,914,938 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 572,772,022 | T13 plus the loss to the chapter 313 agreement |
| T16 | 589,842,022 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 498,748,967 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 57,252,084 | 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 | 25,605,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 17,070,000 | Loss to Second Previous Homestead Increase |