taxes Property Tax Assistance

2023 ISD Summary Worksheet

090-Gray/Gray County

090-902/Lefors ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 7,546,430 N/A 7,546,430 7,546,430
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 214,710 N/A 214,710 214,710
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,162,740 N/A 3,162,740 3,162,740
D2 - FARM & RANCH IMP 183,470 N/A 183,470 183,470
E - NON-AG LAND AND IMPROVEMENTS 8,688,040 N/A 8,688,040 8,688,040
F1 - COMMERCIAL REAL 279,210 N/A 279,210 279,210
F2 - INDUSTRIAL REAL 186,060 N/A 186,060 186,060
G - ALL MINERALS 47,823,470 N/A 47,823,470 47,823,470
J - ALL UTILITIES 46,832,482 N/A 46,832,482 46,832,482
L1 - COMMERCIAL PERSONAL 629,130 N/A 629,130 629,130
L2 - INDUSTRIAL PERSONAL 2,218,510 N/A 2,218,510 2,218,510
M1 - MOBILE HOMES 494,110 N/A 494,110 494,110
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 118,258,362 0 118,258,362 118,258,362
Less Total Deductions 6,983,612 0 6,983,612 6,983,612
Total Taxable Value 111,274,750 0 111,274,750 111,274,750

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 111,963,640 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 111,274,750 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 111,963,640 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 111,274,750 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 114,018,640 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 115,388,640 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 111,359,912 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 111,963,640 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 111,274,750 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 111,963,640 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 111,274,750 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 114,018,640 T13 plus the loss to the chapter 313 agreement
T16 115,388,640 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 111,359,912 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 688,890 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 2,055,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,370,000 Loss to Second Previous Homestead Increase

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

090-902-02/Lefors ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 7,546,430 N/A 7,546,430 7,546,430
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 214,710 N/A 214,710 214,710
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,162,740 N/A 3,162,740 3,162,740
D2 - FARM & RANCH IMP 183,470 N/A 183,470 183,470
E - NON-AG LAND AND IMPROVEMENTS 8,688,040 N/A 8,688,040 8,688,040
F1 - COMMERCIAL REAL 279,210 N/A 279,210 279,210
F2 - INDUSTRIAL REAL 186,060 N/A 186,060 186,060
G - ALL MINERALS 47,823,470 N/A 47,823,470 47,823,470
J - ALL UTILITIES 46,832,482 N/A 46,832,482 46,832,482
L1 - COMMERCIAL PERSONAL 629,130 N/A 629,130 629,130
L2 - INDUSTRIAL PERSONAL 2,218,510 N/A 2,218,510 2,218,510
M1 - MOBILE HOMES 494,110 N/A 494,110 494,110
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 118,258,362 118,258,362 118,258,362
Less Total Deductions 6,983,612 6,983,612 6,983,612
Total Taxable Value 111,274,750 111,274,750 111,274,750

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 111,963,640 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 111,274,750 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 111,963,640 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 111,274,750 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 114,018,640 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 115,388,640 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 111,359,912 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 111,963,640 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 111,274,750 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 111,963,640 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 111,274,750 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 114,018,640 T13 plus the loss to the chapter 313 agreement
T16 115,388,640 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 111,359,912 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 688,890 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 2,055,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,370,000 Loss to Second Previous Homestead Increase