taxes Property Tax Assistance

2019 ISD Summary Worksheet

139-Lamar

139-912/Prairiland ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 68,803,868 0.9628 71,462,264 71,462,264
B. MULTIFAMILY RESIDENCES 3,464,040 N/A 3,464,040 3,464,040
C1. VACANT LOTS 3,466,130 N/A 3,466,130 3,466,130
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 13,676,387 1.1177 12,235,981 12,235,981
D2. REAL PROP:FARM & RANCH 6,556,599 N/A 6,556,599 6,556,599
E. REAL PROP NONQUAL ACREAGE 132,699,979 0.7798 170,171,812 170,171,812
F1. COMMERCIAL REAL 8,516,177 N/A 8,516,177 8,516,177
F2. INDUSTRIAL REAL 409,140 N/A 409,140 409,140
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 39,853,540 0.9695 41,107,313 41,107,313
L1. COMMERCIAL PERSONAL 9,751,410 N/A 9,751,410 9,751,410
L2. INDUSTRIAL PERSONAL 13,300,530 N/A 13,300,530 13,300,530
M. MOBILE HOMES 1,161,710 N/A 1,161,710 1,161,710
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 148,400 N/A 148,400 148,400
S. SPECIAL INVENTORY 25,000 N/A 25,000 25,000
Subtotal 301,832,910 0 341,776,506 341,776,506
Less Total Deductions 64,598,487 0 66,782,914 66,782,914
Total Taxable Value 237,234,423 0 274,993,592 274,993,592

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
289,721,410 274,993,592 289,721,410 274,993,592


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,727,818 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
289,721,410 274,993,592 289,721,410 274,993,592

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)

194-Red River

139-912/Prairiland ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,930,217 N/A 1,930,217 1,930,217
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 239,956 N/A 239,956 239,956
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 2,319,946 N/A 2,319,946 2,319,946
D2. REAL PROP:FARM & RANCH 163,991 N/A 163,991 163,991
E. REAL PROP NONQUAL ACREAGE 1,651,173 N/A 1,651,173 1,651,173
F1. COMMERCIAL REAL 4,000 N/A 4,000 4,000
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 5,855,573 N/A 5,855,573 5,855,573
L1. COMMERCIAL PERSONAL 0 N/A 0 0
L2. INDUSTRIAL PERSONAL 252,645 N/A 252,645 252,645
M. MOBILE HOMES 104,152 N/A 104,152 104,152
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 12,521,653 0 12,521,653 12,521,653
Less Total Deductions 1,275,816 0 1,275,816 1,275,816
Total Taxable Value 11,245,837 0 11,245,837 11,245,837

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
11,522,782 11,245,837 11,522,782 11,245,837


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
276,945 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
11,522,782 11,245,837 11,522,782 11,245,837

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

139-912-02/Prairiland ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 70,734,085 0.9638 73,392,481 73,392,481
B. MULTIFAMILY RESIDENCES 3,464,040 N/A 3,464,040 3,464,040
C1. VACANT LOTS 3,706,086 N/A 3,706,086 3,706,086
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 15,996,333 1.0990 14,555,927 14,555,927
D2. REAL PROP:FARM & RANCH 6,720,590 N/A 6,720,590 6,720,590
E. REAL PROP NONQUAL ACREAGE 134,351,152 0.7819 171,822,985 171,822,985
F1. COMMERCIAL REAL 8,520,177 N/A 8,520,177 8,520,177
F2. INDUSTRIAL REAL 409,140 N/A 409,140 409,140
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 45,709,113 0.9733 46,962,886 46,962,886
L1. COMMERCIAL PERSONAL 9,751,410 N/A 9,751,410 9,751,410
L2. INDUSTRIAL PERSONAL 13,553,175 N/A 13,553,175 13,553,175
M. MOBILE HOMES 1,265,862 N/A 1,265,862 1,265,862
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 148,400 N/A 148,400 148,400
S. SPECIAL INVENTORY 25,000 N/A 25,000 25,000
Subtotal 314,354,563 354,298,159 354,298,159
Less Total Deductions 65,874,303 68,058,730 68,058,730
Total Taxable Value 248,480,260 286,239,429 286,239,429

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
301,244,192 286,239,429 301,244,192 286,239,429


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
15,004,763 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
301,244,192 286,239,429 301,244,192 286,239,429

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