taxes Property Tax Assistance

2016 ISD Summary Worksheet

070/Ellis

070-909/Milford ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 14,954,440 .9542 15,672,228 14,954,440
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 462,760 N/A 462,760 462,760
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,999,541 1.4615 3,420,887 4,999,541
D2. Real Prop Farm & Ranch 697,911 N/A 697,911 697,911
E. Real Prop NonQual Acres 12,735,974 .9975 12,767,894 12,735,974
F1. Commercial Real 1,825,030 N/A 1,825,030 1,825,030
F2. Industrial Real 123,010 N/A 123,010 123,010
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 19,146,300 .8219 23,295,170 19,146,300
L1. Commercial Personal 879,720 N/A 879,720 879,720
L2. Industrial Personal 1,312,180 N/A 1,312,180 1,312,180
M. Other Personal 996,240 N/A 996,240 996,240
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 21,250 N/A 21,250 21,250
S. Special Inventory 0 N/A 0 0
Subtotal 58,154,356 61,474,280 58,154,356
Less Total Deductions 7,136,778   7,489,998 7,136,778
Total Taxable Value 51,017,578 53,984,282 51,017,578 T2

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
52,787,037 51,017,578 52,787,037 51,017,578


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,769,459 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
52,787,037 51,017,578 52,787,037 51,017,578

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

109/Hill

070-909/Milford ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 3,401,690 .9796 3,472,530 3,401,690
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 193,870 N/A 193,870 193,870
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 738,090 .9544 773,319 738,090
D2. Real Prop Farm & Ranch 183,750 N/A 183,750 183,750
E. Real Prop NonQual Acres 5,619,050 .9724 5,778,538 5,619,050
F1. Commercial Real 258,440 N/A 258,440 258,440
F2. Industrial Real 3,778,500 N/A 3,778,500 3,778,500
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 971,350 .8596 1,130,002 971,350
L1. Commercial Personal 12,255,100 N/A 12,255,100 12,255,100
L2. Industrial Personal 226,320 N/A 226,320 226,320
M. Other Personal 319,940 N/A 319,940 319,940
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 27,946,100 28,370,309 27,946,100
Less Total Deductions 1,914,512   1,955,879 1,914,512
Total Taxable Value 26,031,588 26,414,430 26,031,588 T2

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
26,409,198 26,031,588 26,409,198 26,031,588


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
377,610 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
26,409,198 26,031,588 26,409,198 26,031,588

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

070-909/Milford ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 18,356,130 .9588 19,144,758 18,356,130
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 656,630 N/A 656,630 656,630
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,737,631 1.3680 4,194,206 5,737,631
D2. Real Prop Farm & Ranch 881,661 N/A 881,661 881,661
E. Real Prop NonQual Acres 18,355,024 .9897 18,546,432 18,355,024
F1. Commercial Real 2,083,470 N/A 2,083,470 2,083,470
F2. Industrial Real 3,901,510 N/A 3,901,510 3,901,510
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 20,117,650 .8236 24,425,172 20,117,650
L1. Commercial Personal 13,134,820 N/A 13,134,820 13,134,820
L2. Industrial Personal 1,538,500 N/A 1,538,500 1,538,500
M. Other Personal 1,316,180 N/A 1,316,180 1,316,180
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 21,250 N/A 21,250 21,250
S. Special Inventory 0 N/A 0 0
Subtotal 86,100,456 89,844,589 86,100,456
Less Total Deductions 9,051,290   9,445,877 9,051,290
Total Taxable Value 77,049,166 80,398,712 77,049,166 T2

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