taxes Property Tax Assistance

2020 ISD Summary Worksheet

113-Houston /Houston County

113-905/Latexo ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	88,286,900	0.9598	91,984,684	88,286,900
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	2,904,230	N/A	2,904,230	2,904,230
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,332,320	1.0128	9,214,025	9,332,320
D2 - FARM & RANCH IMP	4,487,210	N/A	4,487,210	4,487,210
E - NON-AG LAND AND IMPROVEMENTS	47,116,880	1.0007	47,083,921	47,116,880
F1 - COMMERCIAL REAL	3,444,450	N/A	3,444,450	3,444,450
F2 - INDUSTRIAL REAL	2,512,610	N/A	2,512,610	2,512,610
G - ALL MINERALS	36,660	N/A	36,660	36,660
J - ALL UTILITIES	47,167,510	0.9436	49,986,763	47,167,510
L1 - COMMERCIAL PERSONAL	1,931,260	N/A	1,931,260	1,931,260
L2 - INDUSTRIAL PERSONAL	18,045,300	N/A	18,045,300	18,045,300
M1 - MOBILE HOMES	4,966,170	N/A	4,966,170	4,966,170
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	7,700	N/A	7,700	7,700
Subtotal	230,239,200	0	236,604,983	230,239,200
Less Total Deductions	34,269,789	0	36,107,722	34,269,789
Total Taxable Value	195,969,411	0	200,497,261	195,969,411

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
201,950,457	195,969,411	201,950,457	195,969,411

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,981,046	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
201,950,457	195,969,411	201,950,457	195,969,411

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

113-905-02/Latexo ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	88,286,900	0.9598	91,984,684	88,286,900
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	2,904,230	N/A	2,904,230	2,904,230
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,332,320	1.0128	9,214,025	9,332,320
D2 - FARM & RANCH IMP	4,487,210	N/A	4,487,210	4,487,210
E - NON-AG LAND AND IMPROVEMENTS	47,116,880	1.0007	47,083,921	47,116,880
F1 - COMMERCIAL REAL	3,444,450	N/A	3,444,450	3,444,450
F2 - INDUSTRIAL REAL	2,512,610	N/A	2,512,610	2,512,610
G - ALL MINERALS	36,660	N/A	36,660	36,660
J - ALL UTILITIES	47,167,510	0.9436	49,986,763	47,167,510
L1 - COMMERCIAL PERSONAL	1,931,260	N/A	1,931,260	1,931,260
L2 - INDUSTRIAL PERSONAL	18,045,300	N/A	18,045,300	18,045,300
M1 - MOBILE HOMES	4,966,170	N/A	4,966,170	4,966,170
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	7,700	N/A	7,700	7,700
Subtotal	230,239,200		236,604,983	230,239,200
Less Total Deductions	34,269,789		36,107,722	34,269,789
Total Taxable Value	195,969,411		200,497,261	195,969,411

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
201,950,457	195,969,411	201,950,457	195,969,411

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
5,981,046	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
201,950,457	195,969,411	201,950,457	195,969,411

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