taxes Property Tax Assistance

2019 ISD Summary Worksheet

161-McLennan

161-906/La Vega ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	324,693,948	N/A	324,693,948	324,693,948
B. MULTIFAMILY RESIDENCES	18,947,007	N/A	18,947,007	18,947,007
C1. VACANT LOTS	18,417,655	N/A	18,417,655	18,417,655
D1. QUALIFIED AG LAND	1,446,270	N/A	1,446,270	1,446,270
D2. REAL PROP:FARM & RANCH	831,555	N/A	831,555	831,555
E. REAL PROP NONQUAL ACREAGE	25,490,810	N/A	25,490,810	25,490,810
F1. COMMERCIAL REAL	290,375,230	N/A	290,375,230	290,375,230
F2. INDUSTRIAL REAL	127,555,316	N/A	127,555,316	127,555,316
J. UTILITIES	38,537,040	N/A	38,537,040	38,537,040
L1. COMMERCIAL PERSONAL	244,047,980	N/A	244,047,980	244,047,980
L2. INDUSTRIAL PERSONAL	12,076,330	N/A	12,076,330	12,076,330
M. MOBILE HOMES	5,057,310	N/A	5,057,310	5,057,310
O. RESIDENTIAL INVENTORY	3,528,250	N/A	3,528,250	3,528,250
S. SPECIAL INVENTORY	650,600	N/A	650,600	650,600
Subtotal	1,111,655,301	0	1,111,655,301	1,111,655,301
Less Total Deductions	138,897,181	0	138,897,181	138,897,181
Total Taxable Value	972,758,120	0	972,758,120	972,758,120

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
991,067,038	972,758,120	991,067,038	972,758,120

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
18,308,918	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
991,067,038	972,758,120	991,067,038	972,758,120

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

161-906-02/La Vega ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	324,693,948	N/A	324,693,948	324,693,948
B. MULTIFAMILY RESIDENCES	18,947,007	N/A	18,947,007	18,947,007
C1. VACANT LOTS	18,417,655	N/A	18,417,655	18,417,655
D1. QUALIFIED AG LAND	1,446,270	N/A	1,446,270	1,446,270
D2. REAL PROP:FARM & RANCH	831,555	N/A	831,555	831,555
E. REAL PROP NONQUAL ACREAGE	25,490,810	N/A	25,490,810	25,490,810
F1. COMMERCIAL REAL	290,375,230	N/A	290,375,230	290,375,230
F2. INDUSTRIAL REAL	127,555,316	N/A	127,555,316	127,555,316
J. UTILITIES	38,537,040	N/A	38,537,040	38,537,040
L1. COMMERCIAL PERSONAL	244,047,980	N/A	244,047,980	244,047,980
L2. INDUSTRIAL PERSONAL	12,076,330	N/A	12,076,330	12,076,330
M. MOBILE HOMES	5,057,310	N/A	5,057,310	5,057,310
O. RESIDENTIAL INVENTORY	3,528,250	N/A	3,528,250	3,528,250
S. SPECIAL INVENTORY	650,600	N/A	650,600	650,600
Subtotal	1,111,655,301		1,111,655,301	1,111,655,301
Less Total Deductions	138,897,181		138,897,181	138,897,181
Total Taxable Value	972,758,120		972,758,120	972,758,120

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
991,067,038	972,758,120	991,067,038	972,758,120

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
18,308,918	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
991,067,038	972,758,120	991,067,038	972,758,120

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