taxes Property Tax Assistance

2019 ISD Summary Worksheet

028-Caldwell

028-902/Lockhart ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 726,346,785 0.8847 821,009,139 821,009,139
B. MULTIFAMILY RESIDENCES 48,955,359 N/A 48,955,359 48,955,359
C1. VACANT LOTS 37,869,730 N/A 37,869,730 37,869,730
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 15,812,802 1.1862 13,330,798 13,330,798
D2. REAL PROP:FARM & RANCH 19,390,527 N/A 19,390,527 19,390,527
E. REAL PROP NONQUAL ACREAGE 673,869,420 0.9850 684,131,391 684,131,391
F1. COMMERCIAL REAL 153,924,787 0.9056 169,969,950 169,969,950
F2. INDUSTRIAL REAL 14,710,480 N/A 14,710,480 14,710,480
G. OIL,GAS,MINERALS 21,835,350 N/A 21,835,350 21,835,350
J. UTILITIES 66,711,690 N/A 66,711,690 66,711,690
L1. COMMERCIAL PERSONAL 49,075,780 N/A 49,075,780 49,075,780
L2. INDUSTRIAL PERSONAL 20,137,140 N/A 20,137,140 20,137,140
M. MOBILE HOMES 46,079,817 N/A 46,079,817 46,079,817
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 959,730 N/A 959,730 959,730
S. SPECIAL INVENTORY 4,993,700 N/A 4,993,700 4,993,700
Subtotal 1,900,673,097 0 2,019,160,581 2,019,160,581
Less Total Deductions 290,374,403 0 332,378,442 332,378,442
Total Taxable Value 1,610,298,694 0 1,686,782,139 1,686,782,139

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
1,730,232,852 1,686,782,139 1,730,232,852 1,686,782,139


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
43,450,713 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
1,730,232,852 1,686,782,139 1,730,232,852 1,686,782,139

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)

028-902-02/Lockhart ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 726,346,785 0.8847 821,009,139 821,009,139
B. MULTIFAMILY RESIDENCES 48,955,359 N/A 48,955,359 48,955,359
C1. VACANT LOTS 37,869,730 N/A 37,869,730 37,869,730
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 15,812,802 1.1862 13,330,798 13,330,798
D2. REAL PROP:FARM & RANCH 19,390,527 N/A 19,390,527 19,390,527
E. REAL PROP NONQUAL ACREAGE 673,869,420 0.9850 684,131,391 684,131,391
F1. COMMERCIAL REAL 153,924,787 0.9056 169,969,950 169,969,950
F2. INDUSTRIAL REAL 14,710,480 N/A 14,710,480 14,710,480
G. OIL,GAS,MINERALS 21,835,350 N/A 21,835,350 21,835,350
J. UTILITIES 66,711,690 N/A 66,711,690 66,711,690
L1. COMMERCIAL PERSONAL 49,075,780 N/A 49,075,780 49,075,780
L2. INDUSTRIAL PERSONAL 20,137,140 N/A 20,137,140 20,137,140
M. MOBILE HOMES 46,079,817 N/A 46,079,817 46,079,817
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 959,730 N/A 959,730 959,730
S. SPECIAL INVENTORY 4,993,700 N/A 4,993,700 4,993,700
Subtotal 1,900,673,097 2,019,160,581 2,019,160,581
Less Total Deductions 290,374,403 332,378,442 332,378,442
Total Taxable Value 1,610,298,694 1,686,782,139 1,686,782,139

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
1,730,232,852 1,686,782,139 1,730,232,852 1,686,782,139


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
43,450,713 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
1,730,232,852 1,686,782,139 1,730,232,852 1,686,782,139

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