taxes Property Tax Assistance

2023 ISD Summary Worksheet

150-Llano/Llano County

150-901/Llano ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 6,321,440,846 0.8535 7,406,491,911 6,321,440,846
B - MULTIFAMILY 232,694,738 N/A 232,694,738 232,694,738
C1 - VACANT LOTS 480,120,491 0.8412 570,756,646 480,120,491
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 40,108,302 0.9992 40,141,854 40,108,302
D2 - FARM & RANCH IMP 32,241,599 N/A 32,241,599 32,241,599
E - NON-AG LAND AND IMPROVEMENTS 449,949,658 0.9100 494,450,174 449,949,658
F1 - COMMERCIAL REAL 239,546,611 N/A 239,546,611 239,546,611
F2 - INDUSTRIAL REAL 2,390,750 N/A 2,390,750 2,390,750
G - ALL MINERALS 238,509 N/A 238,509 238,509
J - ALL UTILITIES 53,701,260 N/A 53,701,260 53,701,260
L1 - COMMERCIAL PERSONAL 67,764,820 N/A 67,764,820 67,764,820
L2 - INDUSTRIAL PERSONAL 6,485,540 N/A 6,485,540 6,485,540
M1 - MOBILE HOMES 13,647,163 N/A 13,647,163 13,647,163
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 29,497,984 N/A 29,497,984 29,497,984
S - SPECIAL INVENTORY 2,914,150 N/A 2,914,150 2,914,150
Subtotal 7,972,742,421 0 9,192,963,709 7,972,742,421
Less Total Deductions 1,727,675,495 0 2,101,659,177 1,727,675,495
Total Taxable Value 6,245,066,926 0 7,091,304,532 6,245,066,926

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 6,562,659,188 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 6,245,066,926 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 6,435,231,782 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,117,639,520 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 6,661,059,188 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 6,726,659,188 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 6,626,195,581 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 6,562,659,188 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 6,245,066,926 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 6,435,231,782 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 6,117,639,520 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 6,661,059,188 T13 plus the loss to the chapter 313 agreement
T16 6,726,659,188 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 6,626,195,581 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 317,592,262 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 127,427,406 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 98,400,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 65,600,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

150-901-02/Llano ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 6,321,440,846 0.8535 7,406,491,911 6,321,440,846
B - MULTIFAMILY 232,694,738 N/A 232,694,738 232,694,738
C1 - VACANT LOTS 480,120,491 0.8412 570,756,646 480,120,491
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 40,108,302 0.9992 40,141,854 40,108,302
D2 - FARM & RANCH IMP 32,241,599 N/A 32,241,599 32,241,599
E - NON-AG LAND AND IMPROVEMENTS 449,949,658 0.9100 494,450,174 449,949,658
F1 - COMMERCIAL REAL 239,546,611 N/A 239,546,611 239,546,611
F2 - INDUSTRIAL REAL 2,390,750 N/A 2,390,750 2,390,750
G - ALL MINERALS 238,509 N/A 238,509 238,509
J - ALL UTILITIES 53,701,260 N/A 53,701,260 53,701,260
L1 - COMMERCIAL PERSONAL 67,764,820 N/A 67,764,820 67,764,820
L2 - INDUSTRIAL PERSONAL 6,485,540 N/A 6,485,540 6,485,540
M1 - MOBILE HOMES 13,647,163 N/A 13,647,163 13,647,163
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 29,497,984 N/A 29,497,984 29,497,984
S - SPECIAL INVENTORY 2,914,150 N/A 2,914,150 2,914,150
Subtotal 7,972,742,421 9,192,963,709 7,972,742,421
Less Total Deductions 1,727,675,495 2,101,659,177 1,727,675,495
Total Taxable Value 6,245,066,926 7,091,304,532 6,245,066,926

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 6,562,659,188 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 6,245,066,926 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 6,435,231,782 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,117,639,520 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 6,661,059,188 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 6,726,659,188 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 6,626,195,581 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 6,562,659,188 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 6,245,066,926 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 6,435,231,782 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 6,117,639,520 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 6,661,059,188 T13 plus the loss to the chapter 313 agreement
T16 6,726,659,188 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 6,626,195,581 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 317,592,262 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 127,427,406 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 98,400,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 65,600,000 Loss to Second Previous Homestead Increase