taxes Property Tax Assistance

2023 ISD Summary Worksheet

035-Castro/Castro County

035-901/Dimmitt ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 93,543,860 0.7203 129,867,916 129,867,916
B - MULTIFAMILY 1,852,780 N/A 1,852,780 1,852,780
C1 - VACANT LOTS 578,460 N/A 578,460 578,460
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 65,589,956 1.3066 50,197,313 50,197,313
D2 - FARM & RANCH IMP 4,518,980 N/A 4,518,980 4,518,980
E - NON-AG LAND AND IMPROVEMENTS 22,231,420 0.6230 35,684,462 35,684,462
F1 - COMMERCIAL REAL 16,647,470 0.9533 17,462,992 17,462,992
F2 - INDUSTRIAL REAL 486,904,260 N/A 486,904,260 486,904,260
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 41,471,500 0.9620 43,109,667 43,109,667
L1 - COMMERCIAL PERSONAL 26,612,760 1.0141 26,242,737 26,242,737
L2 - INDUSTRIAL PERSONAL 48,973,570 N/A 48,973,570 48,973,570
M1 - MOBILE HOMES 1,804,230 N/A 1,804,230 1,804,230
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,870,480 N/A 1,870,480 1,870,480
Subtotal 812,599,726 0 849,067,847 849,067,847
Less Total Deductions 395,095,604 0 402,071,905 402,071,905
Total Taxable Value 417,504,122 0 446,995,942 446,995,942

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 465,355,832 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 446,995,942 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 465,355,832 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 446,995,942 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 478,270,832 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 486,880,832 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 450,430,207 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 800,101,052 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 781,741,162 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 800,101,052 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 781,741,162 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 813,016,052 T13 plus the loss to the chapter 313 agreement
T16 821,626,052 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 785,175,427 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 18,359,890 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 12,915,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 8,610,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE

035-901-02/Dimmitt ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 93,543,860 0.7203 129,867,916 129,867,916
B - MULTIFAMILY 1,852,780 N/A 1,852,780 1,852,780
C1 - VACANT LOTS 578,460 N/A 578,460 578,460
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 65,589,956 1.3066 50,197,313 50,197,313
D2 - FARM & RANCH IMP 4,518,980 N/A 4,518,980 4,518,980
E - NON-AG LAND AND IMPROVEMENTS 22,231,420 0.6230 35,684,462 35,684,462
F1 - COMMERCIAL REAL 16,647,470 0.9533 17,462,992 17,462,992
F2 - INDUSTRIAL REAL 486,904,260 N/A 486,904,260 486,904,260
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 41,471,500 0.9620 43,109,667 43,109,667
L1 - COMMERCIAL PERSONAL 26,612,760 1.0141 26,242,737 26,242,737
L2 - INDUSTRIAL PERSONAL 48,973,570 N/A 48,973,570 48,973,570
M1 - MOBILE HOMES 1,804,230 N/A 1,804,230 1,804,230
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,870,480 N/A 1,870,480 1,870,480
Subtotal 812,599,726 849,067,847 849,067,847
Less Total Deductions 395,095,604 402,071,905 402,071,905
Total Taxable Value 417,504,122 446,995,942 446,995,942

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 465,355,832 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 446,995,942 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 465,355,832 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 446,995,942 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 478,270,832 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 486,880,832 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 450,430,207 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 800,101,052 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 781,741,162 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 800,101,052 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 781,741,162 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 813,016,052 T13 plus the loss to the chapter 313 agreement
T16 821,626,052 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 785,175,427 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 18,359,890 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 12,915,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 8,610,000 Loss to Second Previous Homestead Increase