taxes Property Tax Assistance

2018 ISD Summary Worksheet

074-Fannin

139-911/North Lamar ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 0 N/A 0 0
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 0 N/A 0 0
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 276,810 N/A 276,810 276,810
D2. REAL PROP:FARM & RANCH 0 N/A 0 0
E. REAL PROP NONQUAL ACREAGE 19,860 N/A 19,860 19,860
F1. COMMERCIAL REAL 0 N/A 0 0
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 1,134,300 N/A 1,134,300 1,134,300
L1. COMMERCIAL PERSONAL 0 N/A 0 0
L2. INDUSTRIAL PERSONAL 0 N/A 0 0
M. MOBILE HOMES 0 N/A 0 0
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 1,430,970 0 1,430,970 1,430,970
Less Total Deductions 0 0 0 0
Total Taxable Value 1,430,970 0 1,430,970 1,430,970

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
1,430,970 1,430,970 1,430,970 1,430,970


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
1,430,970 1,430,970 1,430,970 1,430,970

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

139-Lamar

139-911/North Lamar ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 499,216,075 0.9032 552,719,304 552,719,304
B. MULTIFAMILY RESIDENCES 13,797,142 N/A 13,797,142 13,797,142
C1. VACANT LOTS 17,172,252 N/A 17,172,252 17,172,252
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 21,114,527 1.0944 19,293,238 19,293,238
D2. REAL PROP:FARM & RANCH 10,707,040 N/A 10,707,040 10,707,040
E. REAL PROP NONQUAL ACREAGE 306,439,634 0.9304 329,363,321 329,363,321
F1. COMMERCIAL REAL 119,936,506 0.9178 130,678,259 130,678,259
F2. INDUSTRIAL REAL 143,504,560 N/A 143,504,560 143,504,560
G. OIL,GAS,MINERALS 20,820 N/A 20,820 20,820
J. UTILITIES 40,140,670 N/A 40,140,670 40,140,670
L1. COMMERCIAL PERSONAL 76,932,550 0.9441 81,487,713 81,487,713
L2. INDUSTRIAL PERSONAL 197,187,040 N/A 197,187,040 197,187,040
M. MOBILE HOMES 2,991,060 N/A 2,991,060 2,991,060
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,405,430 N/A 1,405,430 1,405,430
S. SPECIAL INVENTORY 4,644,760 N/A 4,644,760 4,644,760
Subtotal 1,455,210,066 0 1,545,112,609 1,545,112,609
Less Total Deductions 238,557,905 0 264,657,918 264,657,918
Total Taxable Value 1,216,652,161 0 1,280,454,691 1,280,454,691

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
1,324,400,096 1,280,454,691 1,324,400,096 1,280,454,691


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
43,945,405 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
1,324,400,096 1,280,454,691 1,324,400,096 1,280,454,691

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

139-911-02/North Lamar ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 499,216,075 0.9032 552,719,304 552,719,304
B. MULTIFAMILY RESIDENCES 13,797,142 N/A 13,797,142 13,797,142
C1. VACANT LOTS 17,172,252 N/A 17,172,252 17,172,252
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 21,391,337 1.0931 19,570,048 19,570,048
D2. REAL PROP:FARM & RANCH 10,707,040 N/A 10,707,040 10,707,040
E. REAL PROP NONQUAL ACREAGE 306,459,494 0.9304 329,383,181 329,383,181
F1. COMMERCIAL REAL 119,936,506 0.9178 130,678,259 130,678,259
F2. INDUSTRIAL REAL 143,504,560 N/A 143,504,560 143,504,560
G. OIL,GAS,MINERALS 20,820 N/A 20,820 20,820
J. UTILITIES 41,274,970 N/A 41,274,970 41,274,970
L1. COMMERCIAL PERSONAL 76,932,550 0.9441 81,487,713 81,487,713
L2. INDUSTRIAL PERSONAL 197,187,040 N/A 197,187,040 197,187,040
M. MOBILE HOMES 2,991,060 N/A 2,991,060 2,991,060
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,405,430 N/A 1,405,430 1,405,430
S. SPECIAL INVENTORY 4,644,760 N/A 4,644,760 4,644,760
Subtotal 1,456,641,036 1,546,543,579 1,546,543,579
Less Total Deductions 238,557,905 264,657,918 264,657,918
Total Taxable Value 1,218,083,131 1,281,885,661 1,281,885,661

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
1,325,831,066 1,281,885,661 1,325,831,066 1,281,885,661


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
43,945,405 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
1,325,831,066 1,281,885,661 1,325,831,066 1,281,885,661

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