072-Erath/Erath County
072-903/Stephenville ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
1,362,475,040 |
0.9197 |
1,481,434,207 |
1,362,475,040 |
| B - MULTIFAMILY |
284,757,950 |
0.9142 |
311,483,209 |
284,757,950 |
| C1 - VACANT LOTS |
15,393,460 |
N/A |
15,393,460 |
15,393,460 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
13,947,900 |
1.0209 |
13,662,895 |
13,947,900 |
| D2 - FARM & RANCH IMP |
11,147,300 |
N/A |
11,147,300 |
11,147,300 |
| E - NON-AG LAND AND IMPROVEMENTS |
665,328,540 |
0.9204 |
722,868,905 |
665,328,540 |
| F1 - COMMERCIAL REAL |
448,885,010 |
0.9115 |
492,468,470 |
448,885,010 |
| F2 - INDUSTRIAL REAL |
75,794,500 |
N/A |
75,794,500 |
75,794,500 |
| G - ALL MINERALS |
1,327,770 |
N/A |
1,327,770 |
1,327,770 |
| J - ALL UTILITIES |
161,872,740 |
1.0107 |
160,159,038 |
161,872,740 |
| L1 - COMMERCIAL PERSONAL |
202,229,350 |
1.0561 |
191,486,933 |
202,229,350 |
| L2 - INDUSTRIAL PERSONAL |
302,371,300 |
N/A |
302,371,300 |
302,371,300 |
| M1 - MOBILE HOMES |
13,071,450 |
N/A |
13,071,450 |
13,071,450 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
1,086,930 |
N/A |
1,086,930 |
1,086,930 |
| S - SPECIAL INVENTORY |
15,556,330 |
N/A |
15,556,330 |
15,556,330 |
| Subtotal |
3,575,245,570 |
0 |
3,809,312,697 |
3,575,245,570 |
| Less Total Deductions |
951,583,604 |
0 |
1,006,460,901 |
951,583,604 |
| Total Taxable Value |
2,623,661,966 |
0 |
2,802,851,796 |
2,623,661,966 |
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 |
2,877,859,559 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
2,623,661,966 |
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 |
2,877,859,559 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
2,623,661,966 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
2,947,924,559 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
2,994,634,559 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
2,689,358,223 |
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 |
2,877,859,559 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
2,623,661,966 |
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 |
2,877,859,559 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
2,623,661,966 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
2,947,924,559 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
2,994,634,559 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
2,689,358,223 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
254,197,593 |
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 |
70,065,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
46,710,000 |
Loss to Second Previous Homestead Increase |
THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD
072-903-02/Stephenville ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
1,362,475,040 |
0.9197 |
1,481,434,207 |
1,362,475,040 |
| B - MULTIFAMILY |
284,757,950 |
0.9142 |
311,483,209 |
284,757,950 |
| C1 - VACANT LOTS |
15,393,460 |
N/A |
15,393,460 |
15,393,460 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
13,947,900 |
1.0209 |
13,662,895 |
13,947,900 |
| D2 - FARM & RANCH IMP |
11,147,300 |
N/A |
11,147,300 |
11,147,300 |
| E - NON-AG LAND AND IMPROVEMENTS |
665,328,540 |
0.9204 |
722,868,905 |
665,328,540 |
| F1 - COMMERCIAL REAL |
448,885,010 |
0.9115 |
492,468,470 |
448,885,010 |
| F2 - INDUSTRIAL REAL |
75,794,500 |
N/A |
75,794,500 |
75,794,500 |
| G - ALL MINERALS |
1,327,770 |
N/A |
1,327,770 |
1,327,770 |
| J - ALL UTILITIES |
161,872,740 |
1.0107 |
160,159,038 |
161,872,740 |
| L1 - COMMERCIAL PERSONAL |
202,229,350 |
1.0561 |
191,486,933 |
202,229,350 |
| L2 - INDUSTRIAL PERSONAL |
302,371,300 |
N/A |
302,371,300 |
302,371,300 |
| M1 - MOBILE HOMES |
13,071,450 |
N/A |
13,071,450 |
13,071,450 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
1,086,930 |
N/A |
1,086,930 |
1,086,930 |
| S - SPECIAL INVENTORY |
15,556,330 |
N/A |
15,556,330 |
15,556,330 |
| Subtotal |
3,575,245,570 |
|
3,809,312,697 |
3,575,245,570 |
| Less Total Deductions |
951,583,604 |
|
1,006,460,901 |
951,583,604 |
| Total Taxable Value |
2,623,661,966 |
|
2,802,851,796 |
2,623,661,966 |
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 |
2,877,859,559 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
2,623,661,966 |
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 |
2,877,859,559 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
2,623,661,966 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
2,947,924,559 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
2,994,634,559 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
2,689,358,223 |
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 |
2,877,859,559 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
2,623,661,966 |
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 |
2,877,859,559 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
2,623,661,966 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
2,947,924,559 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
2,994,634,559 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
2,689,358,223 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
254,197,593 |
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 |
70,065,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
46,710,000 |
Loss to Second Previous Homestead Increase |
