taxes Property Tax Assistance

2022 ISD Summary Worksheet

083-Gaines /Gaines County

083-902/Loop ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 19,950 N/A 19,950 19,950
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 287,949 N/A 287,949 287,949
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,824,192 N/A 6,824,192 6,824,192
D2 - FARM & RANCH IMP 585,515 N/A 585,515 585,515
E - NON-AG LAND AND IMPROVEMENTS 24,241,788 N/A 24,241,788 24,241,788
F1 - COMMERCIAL REAL 262,160 N/A 262,160 262,160
F2 - INDUSTRIAL REAL 4,920,100 N/A 4,920,100 4,920,100
G - ALL MINERALS 140,547,508 N/A 140,547,508 140,547,508
J - ALL UTILITIES 15,609,940 N/A 15,609,940 15,609,940
L1 - COMMERCIAL PERSONAL 165,940 N/A 165,940 165,940
L2 - INDUSTRIAL PERSONAL 13,027,570 N/A 13,027,570 13,027,570
M1 - MOBILE HOMES 1,042,450 N/A 1,042,450 1,042,450
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 207,535,062 0 207,535,062 207,535,062
Less Total Deductions 7,962,973 0 7,962,973 7,962,973
Total Taxable Value 199,572,089 0 199,572,089 199,572,089

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 T13
200,787,018 199,572,089 199,415,778 198,200,849 201,757,018


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
1,214,929 1,371,240 970,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
200,787,018 199,572,089 199,415,778 198,200,849 201,757,018

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

223-Terry /Terry County

083-902/Loop ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 356,883 N/A 356,883 356,883
D2 - FARM & RANCH IMP 27,248 N/A 27,248 27,248
E - NON-AG LAND AND IMPROVEMENTS 19,727 N/A 19,727 19,727
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 4,526,233 N/A 4,526,233 4,526,233
J - ALL UTILITIES 508,394 N/A 508,394 508,394
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 0 N/A 0 0
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 5,438,485 0 5,438,485 5,438,485
Less Total Deductions 0 0 0 0
Total Taxable Value 5,438,485 0 5,438,485 5,438,485

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 T13
5,438,485 5,438,485 5,438,485 5,438,485 5,438,485


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
0 0 0


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
5,438,485 5,438,485 5,438,485 5,438,485 5,438,485

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

083-902-02/Loop ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 19,950 N/A 19,950 19,950
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 287,949 N/A 287,949 287,949
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,181,075 N/A 7,181,075 7,181,075
D2 - FARM & RANCH IMP 612,763 N/A 612,763 612,763
E - NON-AG LAND AND IMPROVEMENTS 24,261,515 N/A 24,261,515 24,261,515
F1 - COMMERCIAL REAL 262,160 N/A 262,160 262,160
F2 - INDUSTRIAL REAL 4,920,100 N/A 4,920,100 4,920,100
G - ALL MINERALS 145,073,741 N/A 145,073,741 145,073,741
J - ALL UTILITIES 16,118,334 N/A 16,118,334 16,118,334
L1 - COMMERCIAL PERSONAL 165,940 N/A 165,940 165,940
L2 - INDUSTRIAL PERSONAL 13,027,570 N/A 13,027,570 13,027,570
M1 - MOBILE HOMES 1,042,450 N/A 1,042,450 1,042,450
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 212,973,547 212,973,547 212,973,547
Less Total Deductions 7,962,973 7,962,973 7,962,973
Total Taxable Value 205,010,574 205,010,574 205,010,574

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 T13
206,225,503 205,010,574 204,854,263 203,639,334 207,195,503


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
1,214,929 1,371,240 970,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
206,225,503 205,010,574 204,854,263 203,639,334 207,195,503

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement