taxes Property Tax Assistance

2019 ISD Summary Worksheet

085-Garza

085-903/Southland ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 929,327 N/A 929,327 929,327
C1. VACANT LOTS 31,358 N/A 31,358 31,358
D1. QUALIFIED AG LAND 6,480,542 N/A 6,480,542 6,480,542
D2. REAL PROP:FARM & RANCH 926,144 N/A 926,144 926,144
E. REAL PROP NONQUAL ACREAGE 5,152,875 N/A 5,152,875 5,152,875
F1. COMMERCIAL REAL 464,555 N/A 464,555 464,555
G. OIL,GAS,MINERALS 24,795,500 N/A 24,795,500 24,795,500
J. UTILITIES 9,307,932 N/A 9,307,932 9,307,932
L2. INDUSTRIAL PERSONAL 1,002,532 N/A 1,002,532 1,002,532
M. MOBILE HOMES 19,524 N/A 19,524 19,524
Subtotal 49,110,289 0 49,110,289 49,110,289
Less Total Deductions 1,941,774 0 1,941,774 1,941,774
Total Taxable Value 47,168,515 0 47,168,515 47,168,515

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
47,570,087 47,168,515 47,570,087 47,168,515


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
401,572 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
47,570,087 47,168,515 47,570,087 47,168,515

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

152-Lubbock

085-903/Southland ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 41,492 N/A 41,492 41,492
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 182,162 N/A 182,162 182,162
D2. REAL PROP:FARM & RANCH 0 N/A 0 0
E. REAL PROP NONQUAL ACREAGE 94,959 N/A 94,959 94,959
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 565,170 N/A 565,170 565,170
L1. COMMERCIAL PERSONAL 1,500 N/A 1,500 1,500
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 885,283 0 885,283 885,283
Less Total Deductions 65,148 0 65,148 65,148
Total Taxable Value 820,135 0 820,135 820,135

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
840,135 820,135 840,135 820,135


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,000 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
840,135 820,135 840,135 820,135

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

153-Lynn

085-903/Southland ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
C1. VACANT LOTS 6,370 N/A 6,370 6,370
D1. QUALIFIED AG LAND 5,196,748 1.0434 4,980,470 5,196,748
D2. REAL PROP:FARM & RANCH 314,010 N/A 314,010 314,010
E. REAL PROP NONQUAL ACREAGE 1,580,950 0.9839 1,606,820 1,580,950
F2. INDUSTRIAL REAL 841,590 N/A 841,590 841,590
G. OIL,GAS,MINERALS 707,280 0.9812 720,832 707,280
J. UTILITIES 2,338,930 0.9783 2,390,811 2,338,930
L2. INDUSTRIAL PERSONAL 868,150 N/A 868,150 868,150
M. MOBILE HOMES 79,530 N/A 79,530 79,530
Subtotal 11,933,558 0 11,808,583 11,933,558
Less Total Deductions 546,404 0 420,790 546,404
Total Taxable Value 11,387,154 0 11,387,793 11,387,154

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
11,487,154 11,387,154 11,487,154 11,387,154


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
100,000 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
11,487,154 11,387,154 11,487,154 11,387,154

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

085-903-02/Southland ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 970,819 N/A 970,819 970,819
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 37,728 N/A 37,728 37,728
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 11,859,452 1.0186 11,643,174 11,859,452
D2. REAL PROP:FARM & RANCH 1,240,154 N/A 1,240,154 1,240,154
E. REAL PROP NONQUAL ACREAGE 6,828,784 0.9962 6,854,654 6,828,784
F1. COMMERCIAL REAL 464,555 N/A 464,555 464,555
F2. INDUSTRIAL REAL 841,590 N/A 841,590 841,590
G. OIL,GAS,MINERALS 25,502,780 0.9995 25,516,332 25,502,780
J. UTILITIES 12,212,032 0.9958 12,263,913 12,212,032
L1. COMMERCIAL PERSONAL 1,500 N/A 1,500 1,500
L2. INDUSTRIAL PERSONAL 1,870,682 N/A 1,870,682 1,870,682
M. MOBILE HOMES 99,054 N/A 99,054 99,054
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 61,929,130 61,804,155 61,929,130
Less Total Deductions 2,553,326 2,427,712 2,553,326
Total Taxable Value 59,375,804 59,376,443 59,375,804

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
59,897,376 59,375,804 59,897,376 59,375,804


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
521,572 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
59,897,376 59,375,804 59,897,376 59,375,804

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