taxes Property Tax Assistance

2020 ISD Summary Worksheet

077-Floyd /Floyd County

077-902/Lockney ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	28,234,710	N/A	28,234,710	28,234,710
B - MULTIFAMILY	83,050	N/A	83,050	83,050
C1 - VACANT LOTS	300,630	N/A	300,630	300,630
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	23,236,490	N/A	23,236,490	23,236,490
D2 - FARM & RANCH IMP	1,197,480	N/A	1,197,480	1,197,480
E - NON-AG LAND AND IMPROVEMENTS	12,230,540	N/A	12,230,540	12,230,540
F1 - COMMERCIAL REAL	3,485,685	N/A	3,485,685	3,485,685
F2 - INDUSTRIAL REAL	273,824,900	N/A	273,824,900	273,824,900
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	19,388,020	N/A	19,388,020	19,388,020
L1 - COMMERCIAL PERSONAL	4,131,606	N/A	4,131,606	4,131,606
L2 - INDUSTRIAL PERSONAL	19,633,230	N/A	19,633,230	19,633,230
M1 - MOBILE HOMES	152,970	N/A	152,970	152,970
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	385,899,311	0	385,899,311	385,899,311
Less Total Deductions	264,251,737	0	264,251,737	264,251,737
Total Taxable Value	121,647,574	0	121,647,574	121,647,574

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
125,708,228	121,647,574	125,708,228	121,647,574

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
4,060,654	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
373,272,898	369,212,244	373,272,898	369,212,244

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

095-Hale /Hale County

077-902/Lockney 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	221,643	N/A	221,643	221,643
D2 - FARM & RANCH IMP	0	N/A	0	0
E - NON-AG LAND AND IMPROVEMENTS	934	N/A	934	934
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	9,330	N/A	9,330	9,330
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	231,907	0	231,907	231,907
Less Total Deductions	0	0	0	0
Total Taxable Value	231,907	0	231,907	231,907

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
231,907	231,907	231,907	231,907

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
231,907	231,907	231,907	231,907

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

077-902-02/Lockney ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	28,234,710	N/A	28,234,710	28,234,710
B - MULTIFAMILY	83,050	N/A	83,050	83,050
C1 - VACANT LOTS	300,630	N/A	300,630	300,630
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	23,458,133	N/A	23,458,133	23,458,133
D2 - FARM & RANCH IMP	1,197,480	N/A	1,197,480	1,197,480
E - NON-AG LAND AND IMPROVEMENTS	12,231,474	N/A	12,231,474	12,231,474
F1 - COMMERCIAL REAL	3,485,685	N/A	3,485,685	3,485,685
F2 - INDUSTRIAL REAL	273,824,900	N/A	273,824,900	273,824,900
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	19,397,350	N/A	19,397,350	19,397,350
L1 - COMMERCIAL PERSONAL	4,131,606	N/A	4,131,606	4,131,606
L2 - INDUSTRIAL PERSONAL	19,633,230	N/A	19,633,230	19,633,230
M1 - MOBILE HOMES	152,970	N/A	152,970	152,970
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	386,131,218		386,131,218	386,131,218
Less Total Deductions	264,251,737		264,251,737	264,251,737
Total Taxable Value	121,879,481		121,879,481	121,879,481

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
125,940,135	121,879,481	125,940,135	121,879,481

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
4,060,654	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
373,504,805	369,444,151	373,504,805	369,444,151

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