taxes Property Tax Assistance

2019 ISD Summary Worksheet

090-Gray

090-902/Lefors ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 7,048,650 N/A 7,048,650 7,048,650
C1. VACANT LOTS 293,650 N/A 293,650 293,650
D1. QUALIFIED AG LAND 3,163,910 N/A 3,163,910 3,163,910
D2. REAL PROP:FARM & RANCH 159,830 N/A 159,830 159,830
E. REAL PROP NONQUAL ACREAGE 9,490,810 N/A 9,490,810 9,490,810
F1. COMMERCIAL REAL 474,630 N/A 474,630 474,630
F2. INDUSTRIAL REAL 156,460 N/A 156,460 156,460
G. OIL,GAS,MINERALS 44,799,820 N/A 44,799,820 44,799,820
J. UTILITIES 46,745,820 N/A 46,745,820 46,745,820
L1. COMMERCIAL PERSONAL 779,810 N/A 779,810 779,810
L2. INDUSTRIAL PERSONAL 3,721,270 N/A 3,721,270 3,721,270
M. MOBILE HOMES 135,360 N/A 135,360 135,360
Subtotal 116,970,020 0 116,970,020 116,970,020
Less Total Deductions 4,780,071 0 4,780,071 4,780,071
Total Taxable Value 112,189,949 0 112,189,949 112,189,949

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
112,828,609 112,189,949 112,828,609 112,189,949


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
638,660 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
112,828,609 112,189,949 112,828,609 112,189,949

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 7,048,650 N/A 7,048,650 7,048,650
C1. VACANT LOTS 293,650 N/A 293,650 293,650
D1. QUALIFIED AG LAND 3,163,910 N/A 3,163,910 3,163,910
D2. REAL PROP:FARM & RANCH 159,830 N/A 159,830 159,830
E. REAL PROP NONQUAL ACREAGE 9,490,810 N/A 9,490,810 9,490,810
F1. COMMERCIAL REAL 474,630 N/A 474,630 474,630
F2. INDUSTRIAL REAL 156,460 N/A 156,460 156,460
G. OIL,GAS,MINERALS 44,799,820 N/A 44,799,820 44,799,820
J. UTILITIES 46,745,820 N/A 46,745,820 46,745,820
L1. COMMERCIAL PERSONAL 779,810 N/A 779,810 779,810
L2. INDUSTRIAL PERSONAL 3,721,270 N/A 3,721,270 3,721,270
M. MOBILE HOMES 135,360 N/A 135,360 135,360
Subtotal 116,970,020 116,970,020 116,970,020
Less Total Deductions 4,780,071 4,780,071 4,780,071
Total Taxable Value 112,189,949 112,189,949 112,189,949

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
112,828,609 112,189,949 112,828,609 112,189,949


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
638,660 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
112,828,609 112,189,949 112,828,609 112,189,949

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