taxes Property Tax Assistance

2019 ISD Summary Worksheet

148-Lipscomb

148-905/Darrouzett ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	5,818,210	N/A	5,818,210	5,818,210
B. MULTIFAMILY RESIDENCES	103,827	N/A	103,827	103,827
C1. VACANT LOTS	45,210	N/A	45,210	45,210
D1. QUALIFIED AG LAND	6,637,820	N/A	6,637,820	6,637,820
D2. REAL PROP:FARM & RANCH	893,290	N/A	893,290	893,290
E. REAL PROP NONQUAL ACREAGE	2,955,650	N/A	2,955,650	2,955,650
F1. COMMERCIAL REAL	634,720	N/A	634,720	634,720
F2. INDUSTRIAL REAL	340,030	N/A	340,030	340,030
G. OIL,GAS,MINERALS	50,196,873	N/A	50,196,873	50,196,873
J. UTILITIES	14,250,410	N/A	14,250,410	14,250,410
L1. COMMERCIAL PERSONAL	3,403,242	N/A	3,403,242	3,403,242
L2. INDUSTRIAL PERSONAL	1,765,670	N/A	1,765,670	1,765,670
M. MOBILE HOMES	144,090	N/A	144,090	144,090
Subtotal	87,189,042	0	87,189,042	87,189,042
Less Total Deductions	3,890,501	0	3,890,501	3,890,501
Total Taxable Value	83,298,541	0	83,298,541	83,298,541

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
84,329,111	83,298,541	84,329,111	83,298,541

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,030,570	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
84,329,111	83,298,541	84,329,111	83,298,541

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	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	5,818,210	N/A	5,818,210	5,818,210
B. MULTIFAMILY RESIDENCES	103,827	N/A	103,827	103,827
C1. VACANT LOTS	45,210	N/A	45,210	45,210
D1. QUALIFIED AG LAND	6,637,820	N/A	6,637,820	6,637,820
D2. REAL PROP:FARM & RANCH	893,290	N/A	893,290	893,290
E. REAL PROP NONQUAL ACREAGE	2,955,650	N/A	2,955,650	2,955,650
F1. COMMERCIAL REAL	634,720	N/A	634,720	634,720
F2. INDUSTRIAL REAL	340,030	N/A	340,030	340,030
G. OIL,GAS,MINERALS	50,196,873	N/A	50,196,873	50,196,873
J. UTILITIES	14,250,410	N/A	14,250,410	14,250,410
L1. COMMERCIAL PERSONAL	3,403,242	N/A	3,403,242	3,403,242
L2. INDUSTRIAL PERSONAL	1,765,670	N/A	1,765,670	1,765,670
M. MOBILE HOMES	144,090	N/A	144,090	144,090
Subtotal	87,189,042		87,189,042	87,189,042
Less Total Deductions	3,890,501		3,890,501	3,890,501
Total Taxable Value	83,298,541		83,298,541	83,298,541

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
84,329,111	83,298,541	84,329,111	83,298,541

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,030,570	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
84,329,111	83,298,541	84,329,111	83,298,541

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