taxes Property Tax Assistance

2019 ISD Summary Worksheet

245-Willacy

245-902/Lyford CISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 75,536,586 0.7913 95,458,847 95,458,847
B. MULTIFAMILY RESIDENCES 521,314 N/A 521,314 521,314
C1. VACANT LOTS 4,751,602 N/A 4,751,602 4,751,602
D1. QUALIFIED AG LAND 42,171,588 0.7436 56,711,365 56,711,365
D2. REAL PROP:FARM & RANCH 1,642,269 N/A 1,642,269 1,642,269
E. REAL PROP NONQUAL ACREAGE 29,231,324 0.8992 32,508,145 32,508,145
F1. COMMERCIAL REAL 7,631,292 N/A 7,631,292 7,631,292
F2. INDUSTRIAL REAL 3,198,124 N/A 3,198,124 3,198,124
G. OIL,GAS,MINERALS 21,423,712 N/A 21,423,712 21,423,712
J. UTILITIES 341,375,447 1.0149 336,363,629 336,363,629
L1. COMMERCIAL PERSONAL 8,964,350 N/A 8,964,350 8,964,350
L2. INDUSTRIAL PERSONAL 1,774,855 N/A 1,774,855 1,774,855
M. MOBILE HOMES 705,680 N/A 705,680 705,680
S. SPECIAL INVENTORY 497,071 N/A 497,071 497,071
Subtotal 539,425,214 0 572,152,255 572,152,255
Less Total Deductions 263,895,499 0 271,446,506 271,446,506
Total Taxable Value 275,529,715 0 300,705,749 300,705,749

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
310,898,161 300,705,749 310,898,161 300,705,749


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,192,412 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
535,158,201 524,965,789 535,158,201 524,965,789

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

245-902-02/Lyford CISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 75,536,586 0.7913 95,458,847 95,458,847
B. MULTIFAMILY RESIDENCES 521,314 N/A 521,314 521,314
C1. VACANT LOTS 4,751,602 N/A 4,751,602 4,751,602
D1. QUALIFIED AG LAND 42,171,588 0.7436 56,711,365 56,711,365
D2. REAL PROP:FARM & RANCH 1,642,269 N/A 1,642,269 1,642,269
E. REAL PROP NONQUAL ACREAGE 29,231,324 0.8992 32,508,145 32,508,145
F1. COMMERCIAL REAL 7,631,292 N/A 7,631,292 7,631,292
F2. INDUSTRIAL REAL 3,198,124 N/A 3,198,124 3,198,124
G. OIL,GAS,MINERALS 21,423,712 N/A 21,423,712 21,423,712
J. UTILITIES 341,375,447 1.0149 336,363,629 336,363,629
L1. COMMERCIAL PERSONAL 8,964,350 N/A 8,964,350 8,964,350
L2. INDUSTRIAL PERSONAL 1,774,855 N/A 1,774,855 1,774,855
M. MOBILE HOMES 705,680 N/A 705,680 705,680
S. SPECIAL INVENTORY 497,071 N/A 497,071 497,071
Subtotal 539,425,214 572,152,255 572,152,255
Less Total Deductions 263,895,499 271,446,506 271,446,506
Total Taxable Value 275,529,715 300,705,749 300,705,749

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
310,898,161 300,705,749 310,898,161 300,705,749


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
10,192,412 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
535,158,201 524,965,789 535,158,201 524,965,789

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