taxes Property Tax Assistance

2020 ISD Summary Worksheet

018-Bosque

018-903/Morgan ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 34,611,162 0.8581 40,334,649 40,334,649
B - MULTIFAMILY 303,977 N/A 303,977 303,977
C1 - VACANT LOTS 3,406,053 N/A 3,406,053 3,406,053
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,988,081 1.0800 2,766,864 2,766,864
D2 - FARM & RANCH IMP 1,745,163 N/A 1,745,163 1,745,163
E - NON-AG LAND AND IMPROVEMENTS 28,648,996 0.7787 36,790,800 36,790,800
F1 - COMMERCIAL REAL 1,915,359 N/A 1,915,359 1,915,359
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 9,443,669 0.8083 11,683,371 11,683,371
L1 - COMMERCIAL PERSONAL 719,730 N/A 719,730 719,730
L2 - INDUSTRIAL PERSONAL 123,280 N/A 123,280 123,280
M1 - MOBILE HOMES 715,900 N/A 715,900 715,900
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,672,442 N/A 1,672,442 1,672,442
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 86,293,812 0 102,177,588 102,177,588
Less Total Deductions 10,992,509 0 13,804,828 13,804,828
Total Taxable Value 75,301,303 0 88,372,760 88,372,760

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
90,494,864 88,372,760 90,494,864 88,372,760


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,122,104 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
90,494,864 88,372,760 90,494,864 88,372,760

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

018-903-02/Morgan ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 34,611,162 0.8581 40,334,649 40,334,649
B - MULTIFAMILY 303,977 N/A 303,977 303,977
C1 - VACANT LOTS 3,406,053 N/A 3,406,053 3,406,053
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,988,081 1.0800 2,766,864 2,766,864
D2 - FARM & RANCH IMP 1,745,163 N/A 1,745,163 1,745,163
E - NON-AG LAND AND IMPROVEMENTS 28,648,996 0.7787 36,790,800 36,790,800
F1 - COMMERCIAL REAL 1,915,359 N/A 1,915,359 1,915,359
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 9,443,669 0.8083 11,683,371 11,683,371
L1 - COMMERCIAL PERSONAL 719,730 N/A 719,730 719,730
L2 - INDUSTRIAL PERSONAL 123,280 N/A 123,280 123,280
M1 - MOBILE HOMES 715,900 N/A 715,900 715,900
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,672,442 N/A 1,672,442 1,672,442
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 86,293,812 102,177,588 102,177,588
Less Total Deductions 10,992,509 13,804,828 13,804,828
Total Taxable Value 75,301,303 88,372,760 88,372,760

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
90,494,864 88,372,760 90,494,864 88,372,760


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,122,104 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
90,494,864 88,372,760 90,494,864 88,372,760

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