taxes Property Tax Assistance

2018 ISD Summary Worksheet

245-Willacy

245-901/Lasara ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 14,161,452 N/A 14,161,452 14,161,452
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 1,245,738 N/A 1,245,738 1,245,738
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 8,030,454 N/A 8,030,454 8,030,454
D2. REAL PROP:FARM & RANCH 573,081 N/A 573,081 573,081
E. REAL PROP NONQUAL ACREAGE 9,814,103 N/A 9,814,103 9,814,103
F1. COMMERCIAL REAL 1,328,535 N/A 1,328,535 1,328,535
F2. INDUSTRIAL REAL 7,000 N/A 7,000 7,000
G. OIL,GAS,MINERALS 2,524,210 N/A 2,524,210 2,524,210
J. UTILITIES 4,574,900 N/A 4,574,900 4,574,900
L1. COMMERCIAL PERSONAL 128,156 N/A 128,156 128,156
L2. INDUSTRIAL PERSONAL 1,001,080 N/A 1,001,080 1,001,080
M. MOBILE HOMES 168,414 N/A 168,414 168,414
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 43,557,123 0 43,557,123 43,557,123
Less Total Deductions 8,022,431 0 8,022,431 8,022,431
Total Taxable Value 35,534,692 0 35,534,692 35,534,692

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
37,692,351 35,534,692 37,692,351 35,534,692


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,157,659 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
37,692,351 35,534,692 37,692,351 35,534,692

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

245-901-02/Lasara ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 14,161,452 N/A 14,161,452 14,161,452
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 1,245,738 N/A 1,245,738 1,245,738
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 8,030,454 N/A 8,030,454 8,030,454
D2. REAL PROP:FARM & RANCH 573,081 N/A 573,081 573,081
E. REAL PROP NONQUAL ACREAGE 9,814,103 N/A 9,814,103 9,814,103
F1. COMMERCIAL REAL 1,328,535 N/A 1,328,535 1,328,535
F2. INDUSTRIAL REAL 7,000 N/A 7,000 7,000
G. OIL,GAS,MINERALS 2,524,210 N/A 2,524,210 2,524,210
J. UTILITIES 4,574,900 N/A 4,574,900 4,574,900
L1. COMMERCIAL PERSONAL 128,156 N/A 128,156 128,156
L2. INDUSTRIAL PERSONAL 1,001,080 N/A 1,001,080 1,001,080
M. MOBILE HOMES 168,414 N/A 168,414 168,414
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 43,557,123 43,557,123 43,557,123
Less Total Deductions 8,022,431 8,022,431 8,022,431
Total Taxable Value 35,534,692 35,534,692 35,534,692

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
37,692,351 35,534,692 37,692,351 35,534,692


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,157,659 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
37,692,351 35,534,692 37,692,351 35,534,692

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