taxes Property Tax Assistance

2020 ISD Summary Worksheet

083-Gaines /Gaines County

083-902/Loop ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 6,760 N/A 6,760 6,760
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 240,839 N/A 240,839 240,839
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,051,937 N/A 12,051,937 12,051,937
D2 - FARM & RANCH IMP 578,690 N/A 578,690 578,690
E - NON-AG LAND AND IMPROVEMENTS 22,957,265 N/A 22,957,265 22,957,265
F1 - COMMERCIAL REAL 271,290 N/A 271,290 271,290
F2 - INDUSTRIAL REAL 4,258,940 N/A 4,258,940 4,258,940
G - ALL MINERALS 117,670,969 N/A 117,670,969 117,670,969
J - ALL UTILITIES 13,322,890 N/A 13,322,890 13,322,890
L1 - COMMERCIAL PERSONAL 258,910 N/A 258,910 258,910
L2 - INDUSTRIAL PERSONAL 14,096,120 N/A 14,096,120 14,096,120
M1 - MOBILE HOMES 591,860 N/A 591,860 591,860
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 186,306,470 0 186,306,470 186,306,470
Less Total Deductions 6,863,637 0 6,863,637 6,863,637
Total Taxable Value 179,442,833 0 179,442,833 179,442,833

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
180,267,434 179,442,833 179,195,917 178,371,316


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
824,601 1,071,517


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
180,267,434 179,442,833 179,195,917 178,371,316

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

223-Terry /Terry County

083-902/Loop ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 403,603 N/A 403,603 403,603
D2 - FARM & RANCH IMP 22,248 N/A 22,248 22,248
E - NON-AG LAND AND IMPROVEMENTS 269,073 N/A 269,073 269,073
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 3,955,246 N/A 3,955,246 3,955,246
J - ALL UTILITIES 472,611 N/A 472,611 472,611
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 0 N/A 0 0
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 5,122,781 0 5,122,781 5,122,781
Less Total Deductions 0 0 0 0
Total Taxable Value 5,122,781 0 5,122,781 5,122,781

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
5,122,781 5,122,781 5,122,781 5,122,781


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
5,122,781 5,122,781 5,122,781 5,122,781

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

083-902-02/Loop ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 6,760 N/A 6,760 6,760
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 240,839 N/A 240,839 240,839
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,455,540 N/A 12,455,540 12,455,540
D2 - FARM & RANCH IMP 600,938 N/A 600,938 600,938
E - NON-AG LAND AND IMPROVEMENTS 23,226,338 N/A 23,226,338 23,226,338
F1 - COMMERCIAL REAL 271,290 N/A 271,290 271,290
F2 - INDUSTRIAL REAL 4,258,940 N/A 4,258,940 4,258,940
G - ALL MINERALS 121,626,215 N/A 121,626,215 121,626,215
J - ALL UTILITIES 13,795,501 N/A 13,795,501 13,795,501
L1 - COMMERCIAL PERSONAL 258,910 N/A 258,910 258,910
L2 - INDUSTRIAL PERSONAL 14,096,120 N/A 14,096,120 14,096,120
M1 - MOBILE HOMES 591,860 N/A 591,860 591,860
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 191,429,251 191,429,251 191,429,251
Less Total Deductions 6,863,637 6,863,637 6,863,637
Total Taxable Value 184,565,614 184,565,614 184,565,614

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
185,390,215 184,565,614 184,318,698 183,494,097


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
824,601 1,071,517


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
185,390,215 184,565,614 184,318,698 183,494,097

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