taxes Property Tax Assistance

2019 ISD Summary Worksheet

074-Fannin

139-911/North Lamar ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 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 55,930 N/A 55,930 55,930
D2. REAL PROP:FARM & RANCH 0 N/A 0 0
E. REAL PROP NONQUAL ACREAGE 22,070 N/A 22,070 22,070
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 1,232,760 N/A 1,232,760 1,232,760
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 1,310,760 0 1,310,760 1,310,760
Less Total Deductions 0 0 0 0
Total Taxable Value 1,310,760 0 1,310,760 1,310,760

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
1,310,760 1,310,760 1,310,760 1,310,760


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
1,310,760 1,310,760 1,310,760 1,310,760

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 524,420,739 0.8912 588,443,379 588,443,379
B. MULTIFAMILY RESIDENCES 15,686,152 N/A 15,686,152 15,686,152
C1. VACANT LOTS 18,742,842 N/A 18,742,842 18,742,842
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 20,611,526 1.1689 17,633,344 17,633,344
D2. REAL PROP:FARM & RANCH 15,244,830 N/A 15,244,830 15,244,830
E. REAL PROP NONQUAL ACREAGE 381,681,375 0.8908 428,470,336 428,470,336
F1. COMMERCIAL REAL 116,392,447 0.9224 126,184,353 126,184,353
F2. INDUSTRIAL REAL 140,547,850 N/A 140,547,850 140,547,850
G. OIL,GAS,MINERALS 20,820 N/A 20,820 20,820
J. UTILITIES 41,631,910 N/A 41,631,910 41,631,910
L1. COMMERCIAL PERSONAL 66,994,480 1.0192 65,732,418 65,732,418
L2. INDUSTRIAL PERSONAL 223,021,560 N/A 223,021,560 223,021,560
M. MOBILE HOMES 3,712,640 N/A 3,712,640 3,712,640
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,153,360 N/A 1,153,360 1,153,360
S. SPECIAL INVENTORY 4,097,180 N/A 4,097,180 4,097,180
Subtotal 1,573,959,711 0 1,690,322,974 1,690,322,974
Less Total Deductions 276,542,873 0 310,851,710 310,851,710
Total Taxable Value 1,297,416,838 0 1,379,471,264 1,379,471,264

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
1,423,970,539 1,379,471,264 1,423,970,539 1,379,471,264


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
44,499,275 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
1,423,970,539 1,379,471,264 1,423,970,539 1,379,471,264

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 524,420,739 0.8912 588,443,379 588,443,379
B. MULTIFAMILY RESIDENCES 15,686,152 N/A 15,686,152 15,686,152
C1. VACANT LOTS 18,742,842 N/A 18,742,842 18,742,842
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 20,667,456 1.1684 17,689,274 17,689,274
D2. REAL PROP:FARM & RANCH 15,244,830 N/A 15,244,830 15,244,830
E. REAL PROP NONQUAL ACREAGE 381,703,445 0.8908 428,492,406 428,492,406
F1. COMMERCIAL REAL 116,392,447 0.9224 126,184,353 126,184,353
F2. INDUSTRIAL REAL 140,547,850 N/A 140,547,850 140,547,850
G. OIL,GAS,MINERALS 20,820 N/A 20,820 20,820
J. UTILITIES 42,864,670 N/A 42,864,670 42,864,670
L1. COMMERCIAL PERSONAL 66,994,480 1.0192 65,732,418 65,732,418
L2. INDUSTRIAL PERSONAL 223,021,560 N/A 223,021,560 223,021,560
M. MOBILE HOMES 3,712,640 N/A 3,712,640 3,712,640
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,153,360 N/A 1,153,360 1,153,360
S. SPECIAL INVENTORY 4,097,180 N/A 4,097,180 4,097,180
Subtotal 1,575,270,471 1,691,633,734 1,691,633,734
Less Total Deductions 276,542,873 310,851,710 310,851,710
Total Taxable Value 1,298,727,598 1,380,782,024 1,380,782,024

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
1,425,281,299 1,380,782,024 1,425,281,299 1,380,782,024


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
44,499,275 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
1,425,281,299 1,380,782,024 1,425,281,299 1,380,782,024

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