taxes Property Tax Assistance

2019 ISD Summary Worksheet

141-Lampasas

141-902/Lometa ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 20,849,400 0.9436 22,095,591 20,849,400
B. MULTIFAMILY RESIDENCES 460,740 N/A 460,740 460,740
C1. VACANT LOTS 2,819,450 N/A 2,819,450 2,819,450
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 10,887,530 1.1645 9,349,237 10,887,530
D2. REAL PROP:FARM & RANCH 1,312,000 N/A 1,312,000 1,312,000
E. REAL PROP NONQUAL ACREAGE 59,127,900 0.9384 63,009,271 59,127,900
F1. COMMERCIAL REAL 4,820,600 N/A 4,820,600 4,820,600
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 29,431,520 0.2888 101,909,695 29,431,520
L1. COMMERCIAL PERSONAL 1,564,760 N/A 1,564,760 1,564,760
L2. INDUSTRIAL PERSONAL 1,121,940 N/A 1,121,940 1,121,940
M. MOBILE HOMES 1,405,750 N/A 1,405,750 1,405,750
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 133,801,590 0 209,869,034 133,801,590
Less Total Deductions 19,177,048 0 20,342,119 19,177,048
Total Taxable Value 114,624,542 0 189,526,915 114,624,542

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
117,749,717 114,624,542 117,749,717 114,624,542


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,125,175 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
117,749,717 114,624,542 117,749,717 114,624,542

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

167-Mills

141-902/Lometa ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 114,430 N/A 114,430 114,430
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 1,963,410 0.9620 2,040,996 1,963,410
D2. REAL PROP:FARM & RANCH 944,350 N/A 944,350 944,350
E. REAL PROP NONQUAL ACREAGE 7,892,540 0.9685 8,149,241 7,892,540
F1. COMMERCIAL REAL 0 N/A 0 0
F2. INDUSTRIAL REAL 13,938,630 N/A 13,938,630 13,938,630
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 4,326,920 N/A 4,326,920 4,326,920
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 29,180,280 0 29,514,567 29,180,280
Less Total Deductions 1,560,523 0 1,560,523 1,560,523
Total Taxable Value 27,619,757 0 27,954,044 27,619,757

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
27,826,882 27,619,757 27,826,882 27,619,757


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
207,125 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
27,826,882 27,619,757 27,826,882 27,619,757

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

141-902-02/Lometa ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 20,963,830 0.9439 22,210,021 20,963,830
B. MULTIFAMILY RESIDENCES 460,740 N/A 460,740 460,740
C1. VACANT LOTS 2,819,450 N/A 2,819,450 2,819,450
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 12,850,940 1.1282 11,390,233 12,850,940
D2. REAL PROP:FARM & RANCH 2,256,350 N/A 2,256,350 2,256,350
E. REAL PROP NONQUAL ACREAGE 67,020,440 0.9418 71,158,512 67,020,440
F1. COMMERCIAL REAL 4,820,600 N/A 4,820,600 4,820,600
F2. INDUSTRIAL REAL 13,938,630 N/A 13,938,630 13,938,630
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 33,758,440 0.3178 106,236,615 33,758,440
L1. COMMERCIAL PERSONAL 1,564,760 N/A 1,564,760 1,564,760
L2. INDUSTRIAL PERSONAL 1,121,940 N/A 1,121,940 1,121,940
M. MOBILE HOMES 1,405,750 N/A 1,405,750 1,405,750
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 162,981,870 239,383,601 162,981,870
Less Total Deductions 20,737,571 21,902,642 20,737,571
Total Taxable Value 142,244,299 217,480,959 142,244,299

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
145,576,599 142,244,299 145,576,599 142,244,299


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,332,300 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
145,576,599 142,244,299 145,576,599 142,244,299

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