taxes Property Tax Assistance

2019 ISD Summary Worksheet

148-Lipscomb

148-901/Booker ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 22,413,810 N/A 22,413,810 22,413,810
B. MULTIFAMILY RESIDENCES 1,151,930 N/A 1,151,930 1,151,930
C1. VACANT LOTS 78,190 N/A 78,190 78,190
D1. QUALIFIED AG LAND 7,993,750 N/A 7,993,750 7,993,750
D2. REAL PROP:FARM & RANCH 1,471,430 N/A 1,471,430 1,471,430
E. REAL PROP NONQUAL ACREAGE 4,524,270 N/A 4,524,270 4,524,270
F1. COMMERCIAL REAL 3,421,350 N/A 3,421,350 3,421,350
F2. INDUSTRIAL REAL 1,604,160 N/A 1,604,160 1,604,160
G. OIL,GAS,MINERALS 104,832,582 N/A 104,832,582 104,832,582
J. UTILITIES 36,140,820 N/A 36,140,820 36,140,820
L1. COMMERCIAL PERSONAL 5,924,352 N/A 5,924,352 5,924,352
L2. INDUSTRIAL PERSONAL 10,570,431 N/A 10,570,431 10,570,431
M. MOBILE HOMES 329,500 N/A 329,500 329,500
Subtotal 200,456,575 0 200,456,575 200,456,575
Less Total Deductions 11,147,132 0 11,147,132 11,147,132
Total Taxable Value 189,309,443 0 189,309,443 189,309,443

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
191,866,970 189,309,443 191,866,970 189,309,443


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,557,527 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
191,866,970 189,309,443 191,866,970 189,309,443

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

148-901-02/Booker ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 22,413,810 N/A 22,413,810 22,413,810
B. MULTIFAMILY RESIDENCES 1,151,930 N/A 1,151,930 1,151,930
C1. VACANT LOTS 78,190 N/A 78,190 78,190
D1. QUALIFIED AG LAND 7,993,750 N/A 7,993,750 7,993,750
D2. REAL PROP:FARM & RANCH 1,471,430 N/A 1,471,430 1,471,430
E. REAL PROP NONQUAL ACREAGE 4,524,270 N/A 4,524,270 4,524,270
F1. COMMERCIAL REAL 3,421,350 N/A 3,421,350 3,421,350
F2. INDUSTRIAL REAL 1,604,160 N/A 1,604,160 1,604,160
G. OIL,GAS,MINERALS 104,832,582 N/A 104,832,582 104,832,582
J. UTILITIES 36,140,820 N/A 36,140,820 36,140,820
L1. COMMERCIAL PERSONAL 5,924,352 N/A 5,924,352 5,924,352
L2. INDUSTRIAL PERSONAL 10,570,431 N/A 10,570,431 10,570,431
M. MOBILE HOMES 329,500 N/A 329,500 329,500
Subtotal 200,456,575 200,456,575 200,456,575
Less Total Deductions 11,147,132 11,147,132 11,147,132
Total Taxable Value 189,309,443 189,309,443 189,309,443

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
191,866,970 189,309,443 191,866,970 189,309,443


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,557,527 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
191,866,970 189,309,443 191,866,970 189,309,443

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