taxes Property Tax Assistance

2019 ISD Summary Worksheet

153-Lynn

153-904/Tahoka ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 64,308,960 0.9405 68,377,416 64,308,960
B. MULTIFAMILY RESIDENCES 320,470 N/A 320,470 320,470
C1. VACANT LOTS 704,700 N/A 704,700 704,700
D1. QUALIFIED AG LAND 39,534,010 1.0159 38,913,361 39,534,010
D2. REAL PROP:FARM & RANCH 3,002,930 N/A 3,002,930 3,002,930
E. REAL PROP NONQUAL ACREAGE 12,805,680 0.9450 13,550,984 12,805,680
F1. COMMERCIAL REAL 10,538,940 0.8657 12,173,894 10,538,940
F2. INDUSTRIAL REAL 314,699,230 N/A 314,699,230 314,699,230
G. OIL,GAS,MINERALS 1,320,720 N/A 1,320,720 1,320,720
J. UTILITIES 31,075,510 0.9840 31,580,803 31,075,510
L1. COMMERCIAL PERSONAL 3,698,120 N/A 3,698,120 3,698,120
L2. INDUSTRIAL PERSONAL 5,731,810 N/A 5,731,810 5,731,810
M. MOBILE HOMES 1,925,080 N/A 1,925,080 1,925,080
S. SPECIAL INVENTORY 442,590 N/A 442,590 442,590
Subtotal 490,108,750 0 496,442,108 490,108,750
Less Total Deductions 317,603,990 0 318,744,340 317,603,990
Total Taxable Value 172,504,760 0 177,697,768 172,504,760

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
178,269,400 172,504,760 178,269,400 172,504,760


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,764,640 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
469,775,390 464,010,750 469,775,390 464,010,750

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

153-904-02/Tahoka ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 64,308,960 0.9405 68,377,416 64,308,960
B. MULTIFAMILY RESIDENCES 320,470 N/A 320,470 320,470
C1. VACANT LOTS 704,700 N/A 704,700 704,700
D1. QUALIFIED AG LAND 39,534,010 1.0159 38,913,361 39,534,010
D2. REAL PROP:FARM & RANCH 3,002,930 N/A 3,002,930 3,002,930
E. REAL PROP NONQUAL ACREAGE 12,805,680 0.9450 13,550,984 12,805,680
F1. COMMERCIAL REAL 10,538,940 0.8657 12,173,894 10,538,940
F2. INDUSTRIAL REAL 314,699,230 N/A 314,699,230 314,699,230
G. OIL,GAS,MINERALS 1,320,720 N/A 1,320,720 1,320,720
J. UTILITIES 31,075,510 0.9840 31,580,803 31,075,510
L1. COMMERCIAL PERSONAL 3,698,120 N/A 3,698,120 3,698,120
L2. INDUSTRIAL PERSONAL 5,731,810 N/A 5,731,810 5,731,810
M. MOBILE HOMES 1,925,080 N/A 1,925,080 1,925,080
S. SPECIAL INVENTORY 442,590 N/A 442,590 442,590
Subtotal 490,108,750 496,442,108 490,108,750
Less Total Deductions 317,603,990 318,744,340 317,603,990
Total Taxable Value 172,504,760 177,697,768 172,504,760

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
178,269,400 172,504,760 178,269,400 172,504,760


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,764,640 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
469,775,390 464,010,750 469,775,390 464,010,750

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