taxes Property Tax Assistance

2018 ISD Summary Worksheet

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090-902/Lefors ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	6,054,330	0.7251	8,349,648	6,054,330
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	296,580	N/A	296,580	296,580
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	3,427,340	1.0022	3,419,737	3,427,340
D2. REAL PROP:FARM & RANCH	167,640	N/A	167,640	167,640
E. REAL PROP NONQUAL ACREAGE	5,847,790	N/A	5,847,790	5,847,790
F1. COMMERCIAL REAL	334,240	N/A	334,240	334,240
F2. INDUSTRIAL REAL	156,450	N/A	156,450	156,450
G. OIL,GAS,MINERALS	35,004,910	1.0291	34,015,071	35,004,910
J. UTILITIES	44,882,420	N/A	44,882,420	44,882,420
L1. COMMERCIAL PERSONAL	1,917,030	N/A	1,917,030	1,917,030
L2. INDUSTRIAL PERSONAL	2,661,160	N/A	2,661,160	2,661,160
M. MOBILE HOMES	198,350	N/A	198,350	198,350
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	100,948,240	0	102,246,116	100,948,240
Less Total Deductions	4,397,660	0	5,261,831	4,397,660
Total Taxable Value	96,550,580	0	96,984,285	96,550,580

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
96,550,580	96,550,580	96,550,580	96,550,580

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
0	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
96,550,580	96,550,580	96,550,580	96,550,580

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	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	6,054,330	0.7251	8,349,648	6,054,330
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	296,580	N/A	296,580	296,580
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	3,427,340	1.0022	3,419,737	3,427,340
D2. REAL PROP:FARM & RANCH	167,640	N/A	167,640	167,640
E. REAL PROP NONQUAL ACREAGE	5,847,790	N/A	5,847,790	5,847,790
F1. COMMERCIAL REAL	334,240	N/A	334,240	334,240
F2. INDUSTRIAL REAL	156,450	N/A	156,450	156,450
G. OIL,GAS,MINERALS	35,004,910	1.0291	34,015,071	35,004,910
J. UTILITIES	44,882,420	N/A	44,882,420	44,882,420
L1. COMMERCIAL PERSONAL	1,917,030	N/A	1,917,030	1,917,030
L2. INDUSTRIAL PERSONAL	2,661,160	N/A	2,661,160	2,661,160
M. MOBILE HOMES	198,350	N/A	198,350	198,350
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	100,948,240		102,246,116	100,948,240
Less Total Deductions	4,397,660		5,261,831	4,397,660
Total Taxable Value	96,550,580		96,984,285	96,550,580

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
96,550,580	96,550,580	96,550,580	96,550,580

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
0	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
96,550,580	96,550,580	96,550,580	96,550,580

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