taxes Property Tax Assistance

2018 ISD Summary Worksheet

148-Lipscomb

148-905/Darrouzett ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 5,798,630 0.7948 7,295,710 5,798,630
B. MULTIFAMILY RESIDENCES 138,090 N/A 138,090 138,090
C1. VACANT LOTS 49,270 N/A 49,270 49,270
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 7,204,760 1.0467 6,883,383 7,204,760
D2. REAL PROP:FARM & RANCH 893,290 N/A 893,290 893,290
E. REAL PROP NONQUAL ACREAGE 2,948,210 N/A 2,948,210 2,948,210
F1. COMMERCIAL REAL 559,210 N/A 559,210 559,210
F2. INDUSTRIAL REAL 340,030 N/A 340,030 340,030
G. OIL,GAS,MINERALS 53,147,066 1.0227 51,967,406 53,147,066
J. UTILITIES 14,606,690 N/A 14,606,690 14,606,690
L1. COMMERCIAL PERSONAL 2,827,112 N/A 2,827,112 2,827,112
L2. INDUSTRIAL PERSONAL 5,123,300 N/A 5,123,300 5,123,300
M. MOBILE HOMES 145,270 N/A 145,270 145,270
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 93,780,928 0 93,776,971 93,780,928
Less Total Deductions 3,969,785 0 4,768,257 3,969,785
Total Taxable Value 89,811,143 0 89,008,714 89,811,143

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
90,831,933 89,811,143 90,831,933 89,811,143


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,020,790 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
90,831,933 89,811,143 90,831,933 89,811,143

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

148-905-02/Darrouzett ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 5,798,630 0.7948 7,295,710 5,798,630
B. MULTIFAMILY RESIDENCES 138,090 N/A 138,090 138,090
C1. VACANT LOTS 49,270 N/A 49,270 49,270
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 7,204,760 1.0467 6,883,383 7,204,760
D2. REAL PROP:FARM & RANCH 893,290 N/A 893,290 893,290
E. REAL PROP NONQUAL ACREAGE 2,948,210 N/A 2,948,210 2,948,210
F1. COMMERCIAL REAL 559,210 N/A 559,210 559,210
F2. INDUSTRIAL REAL 340,030 N/A 340,030 340,030
G. OIL,GAS,MINERALS 53,147,066 1.0227 51,967,406 53,147,066
J. UTILITIES 14,606,690 N/A 14,606,690 14,606,690
L1. COMMERCIAL PERSONAL 2,827,112 N/A 2,827,112 2,827,112
L2. INDUSTRIAL PERSONAL 5,123,300 N/A 5,123,300 5,123,300
M. MOBILE HOMES 145,270 N/A 145,270 145,270
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 93,780,928 93,776,971 93,780,928
Less Total Deductions 3,969,785 4,768,257 3,969,785
Total Taxable Value 89,811,143 89,008,714 89,811,143

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
90,831,933 89,811,143 90,831,933 89,811,143


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,020,790 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
90,831,933 89,811,143 90,831,933 89,811,143

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