taxes Property Tax Assistance

2019 ISD Summary Worksheet

009-Bailey

009-901/Muleshoe ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 85,668,069 0.8866 96,625,388 85,668,069
B. MULTIFAMILY RESIDENCES 1,597,068 N/A 1,597,068 1,597,068
C1. VACANT LOTS 986,548 N/A 986,548 986,548
D1. QUALIFIED AG LAND 26,884,696 1.4694 18,295,934 26,884,696
D2. REAL PROP:FARM & RANCH 2,335,858 N/A 2,335,858 2,335,858
E. REAL PROP NONQUAL ACREAGE 29,901,067 0.8905 33,577,841 29,901,067
F1. COMMERCIAL REAL 20,449,146 0.9368 21,828,721 20,449,146
F2. INDUSTRIAL REAL 34,507,163 N/A 34,507,163 34,507,163
J. UTILITIES 48,584,825 0.9844 49,354,759 48,584,825
L1. COMMERCIAL PERSONAL 25,013,833 1.0064 24,854,763 25,013,833
L2. INDUSTRIAL PERSONAL 18,487,622 N/A 18,487,622 18,487,622
M. MOBILE HOMES 2,895,941 N/A 2,895,941 2,895,941
S. SPECIAL INVENTORY 3,080,663 N/A 3,080,663 3,080,663
Subtotal 300,392,499 0 308,428,269 300,392,499
Less Total Deductions 35,523,543 0 39,408,746 35,523,543
Total Taxable Value 264,868,956 0 269,019,523 264,868,956

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
273,959,939 264,868,956 273,959,939 264,868,956


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,090,983 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
273,959,939 264,868,956 273,959,939 264,868,956

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

009-901-02/Muleshoe ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 85,668,069 0.8866 96,625,388 85,668,069
B. MULTIFAMILY RESIDENCES 1,597,068 N/A 1,597,068 1,597,068
C1. VACANT LOTS 986,548 N/A 986,548 986,548
D1. QUALIFIED AG LAND 26,884,696 1.4694 18,295,934 26,884,696
D2. REAL PROP:FARM & RANCH 2,335,858 N/A 2,335,858 2,335,858
E. REAL PROP NONQUAL ACREAGE 29,901,067 0.8905 33,577,841 29,901,067
F1. COMMERCIAL REAL 20,449,146 0.9368 21,828,721 20,449,146
F2. INDUSTRIAL REAL 34,507,163 N/A 34,507,163 34,507,163
J. UTILITIES 48,584,825 0.9844 49,354,759 48,584,825
L1. COMMERCIAL PERSONAL 25,013,833 1.0064 24,854,763 25,013,833
L2. INDUSTRIAL PERSONAL 18,487,622 N/A 18,487,622 18,487,622
M. MOBILE HOMES 2,895,941 N/A 2,895,941 2,895,941
S. SPECIAL INVENTORY 3,080,663 N/A 3,080,663 3,080,663
Subtotal 300,392,499 308,428,269 300,392,499
Less Total Deductions 35,523,543 39,408,746 35,523,543
Total Taxable Value 264,868,956 269,019,523 264,868,956

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
273,959,939 264,868,956 273,959,939 264,868,956


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
9,090,983 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
273,959,939 264,868,956 273,959,939 264,868,956

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