taxes Property Tax Assistance

2020 ISD Summary Worksheet

095-Hale /Hale County

140-905/Olton 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 9,746,669 2.0214 4,821,778 9,746,669
D2 - FARM & RANCH IMP 479,539 N/A 479,539 479,539
E - NON-AG LAND AND IMPROVEMENTS 5,669,526 0.9567 5,926,127 5,669,526
F1 - COMMERCIAL REAL 61,861 N/A 61,861 61,861
F2 - INDUSTRIAL REAL 190,408 N/A 190,408 190,408
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 3,093,300 N/A 3,093,300 3,093,300
L1 - COMMERCIAL PERSONAL 506,169 N/A 506,169 506,169
L2 - INDUSTRIAL PERSONAL 17,050 N/A 17,050 17,050
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 19,764,522 0 15,096,232 19,764,522
Less Total Deductions 1,431,185 0 1,431,185 1,431,185
Total Taxable Value 18,333,337 0 13,665,047 18,333,337

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
18,663,599 18,333,337 18,663,599 18,333,337


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
330,262 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
18,663,599 18,333,337 18,663,599 18,333,337

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE

140-Lamb /Lamb County

140-905/Olton ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 35,696,770 0.9032 39,522,553 35,696,770
B - MULTIFAMILY 107,920 N/A 107,920 107,920
C1 - VACANT LOTS 359,010 N/A 359,010 359,010
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 29,610,275 1.3029 22,726,816 29,610,275
D2 - FARM & RANCH IMP 2,211,231 N/A 2,211,231 2,211,231
E - NON-AG LAND AND IMPROVEMENTS 21,202,080 0.6968 30,427,784 21,202,080
F1 - COMMERCIAL REAL 4,946,880 N/A 4,946,880 4,946,880
F2 - INDUSTRIAL REAL 9,885,150 N/A 9,885,150 9,885,150
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 17,634,590 N/A 17,634,590 17,634,590
L1 - COMMERCIAL PERSONAL 8,338,370 1.0059 8,289,462 8,338,370
L2 - INDUSTRIAL PERSONAL 2,363,550 N/A 2,363,550 2,363,550
M1 - MOBILE HOMES 1,105,130 N/A 1,105,130 1,105,130
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 675,180 N/A 675,180 675,180
Subtotal 134,136,136 0 140,255,256 134,136,136
Less Total Deductions 14,046,827 0 15,119,737 14,046,827
Total Taxable Value 120,089,309 0 125,135,519 120,089,309

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
122,812,197 120,089,309 122,812,197 120,089,309


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,722,888 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
122,812,197 120,089,309 122,812,197 120,089,309

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

140-905-02/Olton ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 35,696,770 0.9032 39,522,553 35,696,770
B - MULTIFAMILY 107,920 N/A 107,920 107,920
C1 - VACANT LOTS 359,010 N/A 359,010 359,010
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 39,356,944 1.4286 27,548,594 39,356,944
D2 - FARM & RANCH IMP 2,690,770 N/A 2,690,770 2,690,770
E - NON-AG LAND AND IMPROVEMENTS 26,871,606 0.7392 36,353,911 26,871,606
F1 - COMMERCIAL REAL 5,008,741 N/A 5,008,741 5,008,741
F2 - INDUSTRIAL REAL 10,075,558 N/A 10,075,558 10,075,558
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 20,727,890 N/A 20,727,890 20,727,890
L1 - COMMERCIAL PERSONAL 8,844,539 1.0056 8,795,631 8,844,539
L2 - INDUSTRIAL PERSONAL 2,380,600 N/A 2,380,600 2,380,600
M1 - MOBILE HOMES 1,105,130 N/A 1,105,130 1,105,130
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 675,180 N/A 675,180 675,180
Subtotal 153,900,658 155,351,488 153,900,658
Less Total Deductions 15,478,012 16,550,922 15,478,012
Total Taxable Value 138,422,646 138,800,566 138,422,646

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
141,475,796 138,422,646 141,475,796 138,422,646


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,053,150 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
141,475,796 138,422,646 141,475,796 138,422,646

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