taxes Property Tax Assistance

2019 ISD Summary Worksheet

140-Lamb

009-901/Muleshoe ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	520,060	N/A	520,060	520,060
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	5,129,297	N/A	5,129,297	5,129,297
D2. REAL PROP:FARM & RANCH	219,600	N/A	219,600	219,600
E. REAL PROP NONQUAL ACREAGE	3,189,348	N/A	3,189,348	3,189,348
F1. COMMERCIAL REAL	190,200	N/A	190,200	190,200
F2. INDUSTRIAL REAL	3,079,460	N/A	3,079,460	3,079,460
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	953,930	N/A	953,930	953,930
L1. COMMERCIAL PERSONAL	28,880	N/A	28,880	28,880
L2. INDUSTRIAL PERSONAL	0	N/A	0	0
M. MOBILE HOMES	2,980	N/A	2,980	2,980
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	13,313,755	0	13,313,755	13,313,755
Less Total Deductions	303,801	0	303,801	303,801
Total Taxable Value	13,009,954	0	13,009,954	13,009,954

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
13,096,164	13,009,954	13,096,164	13,009,954

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
86,210	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
13,096,164	13,009,954	13,096,164	13,009,954

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	520,060	N/A	520,060	520,060
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	5,129,297	N/A	5,129,297	5,129,297
D2. REAL PROP:FARM & RANCH	219,600	N/A	219,600	219,600
E. REAL PROP NONQUAL ACREAGE	3,189,348	N/A	3,189,348	3,189,348
F1. COMMERCIAL REAL	190,200	N/A	190,200	190,200
F2. INDUSTRIAL REAL	3,079,460	N/A	3,079,460	3,079,460
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	953,930	N/A	953,930	953,930
L1. COMMERCIAL PERSONAL	28,880	N/A	28,880	28,880
L2. INDUSTRIAL PERSONAL	0	N/A	0	0
M. MOBILE HOMES	2,980	N/A	2,980	2,980
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	13,313,755		13,313,755	13,313,755
Less Total Deductions	303,801		303,801	303,801
Total Taxable Value	13,009,954		13,009,954	13,009,954

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
13,096,164	13,009,954	13,096,164	13,009,954

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
86,210	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
13,096,164	13,009,954	13,096,164	13,009,954

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