taxes Property Tax Assistance

2020 ISD Summary Worksheet

035-Castro /Castro County

035-903/Nazareth ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	23,899,370	N/A	23,899,370	23,899,370
B - MULTIFAMILY	531,500	N/A	531,500	531,500
C1 - VACANT LOTS	571,930	N/A	571,930	571,930
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,308,806	N/A	10,308,806	10,308,806
D2 - FARM & RANCH IMP	1,468,430	N/A	1,468,430	1,468,430
E - NON-AG LAND AND IMPROVEMENTS	7,763,860	N/A	7,763,860	7,763,860
F1 - COMMERCIAL REAL	1,515,630	N/A	1,515,630	1,515,630
F2 - INDUSTRIAL REAL	66,360	N/A	66,360	66,360
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	35,173,760	N/A	35,173,760	35,173,760
L1 - COMMERCIAL PERSONAL	1,222,110	N/A	1,222,110	1,222,110
L2 - INDUSTRIAL PERSONAL	84,490	N/A	84,490	84,490
M1 - MOBILE HOMES	235,940	N/A	235,940	235,940
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	82,842,186	0	82,842,186	82,842,186
Less Total Deductions	7,808,391	0	7,808,391	7,808,391
Total Taxable Value	75,033,795	0	75,033,795	75,033,795

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
76,848,225	75,033,795	76,848,225	75,033,795

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,814,430	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
76,848,225	75,033,795	76,848,225	75,033,795

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

035-903-02/Nazareth ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	23,899,370	N/A	23,899,370	23,899,370
B - MULTIFAMILY	531,500	N/A	531,500	531,500
C1 - VACANT LOTS	571,930	N/A	571,930	571,930
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,308,806	N/A	10,308,806	10,308,806
D2 - FARM & RANCH IMP	1,468,430	N/A	1,468,430	1,468,430
E - NON-AG LAND AND IMPROVEMENTS	7,763,860	N/A	7,763,860	7,763,860
F1 - COMMERCIAL REAL	1,515,630	N/A	1,515,630	1,515,630
F2 - INDUSTRIAL REAL	66,360	N/A	66,360	66,360
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	35,173,760	N/A	35,173,760	35,173,760
L1 - COMMERCIAL PERSONAL	1,222,110	N/A	1,222,110	1,222,110
L2 - INDUSTRIAL PERSONAL	84,490	N/A	84,490	84,490
M1 - MOBILE HOMES	235,940	N/A	235,940	235,940
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	82,842,186		82,842,186	82,842,186
Less Total Deductions	7,808,391		7,808,391	7,808,391
Total Taxable Value	75,033,795		75,033,795	75,033,795

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
76,848,225	75,033,795	76,848,225	75,033,795

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,814,430	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
76,848,225	75,033,795	76,848,225	75,033,795

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