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