taxes Property Tax Assistance

2019 ISD Summary Worksheet

139-Lamar

139-911/North Lamar ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 528,700,582 0.8842 597,942,300 597,942,300
B. MULTIFAMILY RESIDENCES 15,686,152 N/A 15,686,152 15,686,152
C1. VACANT LOTS 18,773,432 N/A 18,773,432 18,773,432
D1. QUALIFIED AG LAND 20,680,810 1.1672 17,717,974 17,717,974
D2. REAL PROP:FARM & RANCH 15,295,210 N/A 15,295,210 15,295,210
E. REAL PROP NONQUAL ACREAGE 384,952,825 0.8908 432,142,821 432,142,821
F1. COMMERCIAL REAL 117,005,277 0.8686 134,705,592 134,705,592
F2. INDUSTRIAL REAL 140,547,850 N/A 140,547,850 140,547,850
G. OIL,GAS,MINERALS 20,820 N/A 20,820 20,820
J. UTILITIES 41,631,910 N/A 41,631,910 41,631,910
L1. COMMERCIAL PERSONAL 65,431,580 1.0192 64,198,960 64,198,960
L2. INDUSTRIAL PERSONAL 223,459,280 N/A 223,459,280 223,459,280
M. MOBILE HOMES 3,675,640 N/A 3,675,640 3,675,640
O. RESIDENTIAL INVENTORY 1,153,360 N/A 1,153,360 1,153,360
S. SPECIAL INVENTORY 4,042,880 N/A 4,042,880 4,042,880
Subtotal 1,581,057,608 0 1,710,994,181 1,710,994,181
Less Total Deductions 275,205,658 0 311,770,475 311,770,475
Total Taxable Value 1,305,851,950 0 1,399,223,706 1,399,223,706

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
1,443,223,342 1,399,223,706 1,443,223,342 1,399,223,706


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
43,999,636 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
1,443,223,342 1,399,223,706 1,443,223,342 1,399,223,706

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)

139-911-02/North Lamar ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 528,700,582 0.8842 597,942,300 597,942,300
B. MULTIFAMILY RESIDENCES 15,686,152 N/A 15,686,152 15,686,152
C1. VACANT LOTS 18,773,432 N/A 18,773,432 18,773,432
D1. QUALIFIED AG LAND 20,680,810 1.1672 17,717,974 17,717,974
D2. REAL PROP:FARM & RANCH 15,295,210 N/A 15,295,210 15,295,210
E. REAL PROP NONQUAL ACREAGE 384,952,825 0.8908 432,142,821 432,142,821
F1. COMMERCIAL REAL 117,005,277 0.8686 134,705,592 134,705,592
F2. INDUSTRIAL REAL 140,547,850 N/A 140,547,850 140,547,850
G. OIL,GAS,MINERALS 20,820 N/A 20,820 20,820
J. UTILITIES 41,631,910 N/A 41,631,910 41,631,910
L1. COMMERCIAL PERSONAL 65,431,580 1.0192 64,198,960 64,198,960
L2. INDUSTRIAL PERSONAL 223,459,280 N/A 223,459,280 223,459,280
M. MOBILE HOMES 3,675,640 N/A 3,675,640 3,675,640
O. RESIDENTIAL INVENTORY 1,153,360 N/A 1,153,360 1,153,360
S. SPECIAL INVENTORY 4,042,880 N/A 4,042,880 4,042,880
Subtotal 1,581,057,608 1,710,994,181 1,710,994,181
Less Total Deductions 275,205,658 311,770,475 311,770,475
Total Taxable Value 1,305,851,950 1,399,223,706 1,399,223,706

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
1,443,223,342 1,399,223,706 1,443,223,342 1,399,223,706


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
43,999,636 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
1,443,223,342 1,399,223,706 1,443,223,342 1,399,223,706

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