taxes Property Tax Assistance

2019 ISD Summary Worksheet

140-Lamb

140-901/Amherst ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 8,712,920 0.8072 10,794,004 8,712,920
B. MULTIFAMILY RESIDENCES 72,340 N/A 72,340 72,340
C1. VACANT LOTS 113,560 N/A 113,560 113,560
D1. QUALIFIED AG LAND 13,648,240 1.4721 9,271,209 13,648,240
D2. REAL PROP:FARM & RANCH 1,098,810 N/A 1,098,810 1,098,810
E. REAL PROP NONQUAL ACREAGE 6,789,320 0.9753 6,961,263 6,789,320
F1. COMMERCIAL REAL 1,037,670 N/A 1,037,670 1,037,670
F2. INDUSTRIAL REAL 10,781,460 N/A 10,781,460 10,781,460
J. UTILITIES 9,838,530 0.9712 10,130,282 9,838,530
L1. COMMERCIAL PERSONAL 1,270,020 N/A 1,270,020 1,270,020
L2. INDUSTRIAL PERSONAL 2,588,980 N/A 2,588,980 2,588,980
M. MOBILE HOMES 905,160 N/A 905,160 905,160
S. SPECIAL INVENTORY 5,750 N/A 5,750 5,750
Subtotal 56,862,760 0 55,030,508 56,862,760
Less Total Deductions 4,933,837 0 5,776,709 4,933,837
Total Taxable Value 51,928,923 0 49,253,799 51,928,923

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
52,993,656 51,928,923 52,993,656 51,928,923


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,064,733 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
52,993,656 51,928,923 52,993,656 51,928,923

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE

140-901-02/Amherst ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 8,712,920 0.8072 10,794,004 8,712,920
B. MULTIFAMILY RESIDENCES 72,340 N/A 72,340 72,340
C1. VACANT LOTS 113,560 N/A 113,560 113,560
D1. QUALIFIED AG LAND 13,648,240 1.4721 9,271,209 13,648,240
D2. REAL PROP:FARM & RANCH 1,098,810 N/A 1,098,810 1,098,810
E. REAL PROP NONQUAL ACREAGE 6,789,320 0.9753 6,961,263 6,789,320
F1. COMMERCIAL REAL 1,037,670 N/A 1,037,670 1,037,670
F2. INDUSTRIAL REAL 10,781,460 N/A 10,781,460 10,781,460
J. UTILITIES 9,838,530 0.9712 10,130,282 9,838,530
L1. COMMERCIAL PERSONAL 1,270,020 N/A 1,270,020 1,270,020
L2. INDUSTRIAL PERSONAL 2,588,980 N/A 2,588,980 2,588,980
M. MOBILE HOMES 905,160 N/A 905,160 905,160
S. SPECIAL INVENTORY 5,750 N/A 5,750 5,750
Subtotal 56,862,760 55,030,508 56,862,760
Less Total Deductions 4,933,837 5,776,709 4,933,837
Total Taxable Value 51,928,923 49,253,799 51,928,923

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
52,993,656 51,928,923 52,993,656 51,928,923


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,064,733 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
52,993,656 51,928,923 52,993,656 51,928,923

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