taxes Property Tax Assistance

2020 ISD Summary Worksheet

090-Gray /Gray County

090-902/Lefors ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 7,263,580 0.7331 9,908,034 7,263,580
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 307,800 N/A 307,800 307,800
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,374,140 1.0071 3,350,490 3,374,140
D2 - FARM & RANCH IMP 157,630 N/A 157,630 157,630
E - NON-AG LAND AND IMPROVEMENTS 6,970,060 1.0068 6,922,984 6,970,060
F1 - COMMERCIAL REAL 444,790 N/A 444,790 444,790
F2 - INDUSTRIAL REAL 713,910 N/A 713,910 713,910
G - ALL MINERALS 26,990,050 1.0168 26,544,109 26,990,050
J - ALL UTILITIES 44,349,820 0.8540 51,931,874 44,349,820
L1 - COMMERCIAL PERSONAL 742,680 N/A 742,680 742,680
L2 - INDUSTRIAL PERSONAL 4,108,575 N/A 4,108,575 4,108,575
M1 - MOBILE HOMES 101,890 N/A 101,890 101,890
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 95,524,925 0 105,234,766 95,524,925
Less Total Deductions 4,889,123 0 5,939,590 4,889,123
Total Taxable Value 90,635,802 0 99,295,176 90,635,802

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
91,343,772 90,635,802 91,343,772 90,635,802


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
707,970 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
91,343,772 90,635,802 91,343,772 90,635,802

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

090-902-02/Lefors ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 7,263,580 0.7331 9,908,034 7,263,580
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 307,800 N/A 307,800 307,800
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,374,140 1.0071 3,350,490 3,374,140
D2 - FARM & RANCH IMP 157,630 N/A 157,630 157,630
E - NON-AG LAND AND IMPROVEMENTS 6,970,060 1.0068 6,922,984 6,970,060
F1 - COMMERCIAL REAL 444,790 N/A 444,790 444,790
F2 - INDUSTRIAL REAL 713,910 N/A 713,910 713,910
G - ALL MINERALS 26,990,050 1.0168 26,544,109 26,990,050
J - ALL UTILITIES 44,349,820 0.8540 51,931,874 44,349,820
L1 - COMMERCIAL PERSONAL 742,680 N/A 742,680 742,680
L2 - INDUSTRIAL PERSONAL 4,108,575 N/A 4,108,575 4,108,575
M1 - MOBILE HOMES 101,890 N/A 101,890 101,890
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 95,524,925 105,234,766 95,524,925
Less Total Deductions 4,889,123 5,939,590 4,889,123
Total Taxable Value 90,635,802 99,295,176 90,635,802

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
91,343,772 90,635,802 91,343,772 90,635,802


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
707,970 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
91,343,772 90,635,802 91,343,772 90,635,802

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