taxes Property Tax Assistance

2020 ISD Summary Worksheet

139-Lamar /Lamar County

139-912/Prairiland ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	95,566,348	0.9252	103,292,637	103,292,637
B - MULTIFAMILY	4,769,870	N/A	4,769,870	4,769,870
C1 - VACANT LOTS	3,407,908	N/A	3,407,908	3,407,908
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,664,743	1.2141	11,255,391	11,255,391
D2 - FARM & RANCH IMP	6,361,590	N/A	6,361,590	6,361,590
E - NON-AG LAND AND IMPROVEMENTS	173,203,815	0.8426	205,558,765	205,558,765
F1 - COMMERCIAL REAL	8,901,980	N/A	8,901,980	8,901,980
F2 - INDUSTRIAL REAL	387,120	N/A	387,120	387,120
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	39,948,020	0.9439	42,322,301	42,322,301
L1 - COMMERCIAL PERSONAL	10,451,750	N/A	10,451,750	10,451,750
L2 - INDUSTRIAL PERSONAL	17,769,940	N/A	17,769,940	17,769,940
M1 - MOBILE HOMES	1,495,380	N/A	1,495,380	1,495,380
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	79,460	N/A	79,460	79,460
S - SPECIAL INVENTORY	83,710	N/A	83,710	83,710
Subtotal	376,091,634	0	416,137,802	416,137,802
Less Total Deductions	105,744,306	0	113,728,645	113,728,645
Total Taxable Value	270,347,328	0	302,409,157	302,409,157

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
317,434,949	302,409,157	317,434,949	302,409,157

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
15,025,792	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
317,434,949	302,409,157	317,434,949	302,409,157

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

194-Red River /Red River County

139-912/Prairiland ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	2,180,031	N/A	2,180,031	2,180,031
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	240,061	N/A	240,061	240,061
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,385,366	N/A	2,385,366	2,385,366
D2 - FARM & RANCH IMP	167,413	N/A	167,413	167,413
E - NON-AG LAND AND IMPROVEMENTS	1,543,317	N/A	1,543,317	1,543,317
F1 - COMMERCIAL REAL	4,000	N/A	4,000	4,000
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	5,587,226	N/A	5,587,226	5,587,226
L1 - COMMERCIAL PERSONAL	0	N/A	0	0
L2 - INDUSTRIAL PERSONAL	206,745	N/A	206,745	206,745
M1 - MOBILE HOMES	104,152	N/A	104,152	104,152
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	12,418,311	0	12,418,311	12,418,311
Less Total Deductions	1,408,350	0	1,408,350	1,408,350
Total Taxable Value	11,009,961	0	11,009,961	11,009,961

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
11,290,647	11,009,961	11,290,647	11,009,961

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
280,686	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
11,290,647	11,009,961	11,290,647	11,009,961

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

139-912-02/Prairiland ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	97,746,379	0.9267	105,472,668	105,472,668
B - MULTIFAMILY	4,769,870	N/A	4,769,870	4,769,870
C1 - VACANT LOTS	3,647,969	N/A	3,647,969	3,647,969
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	16,050,109	1.1766	13,640,757	13,640,757
D2 - FARM & RANCH IMP	6,529,003	N/A	6,529,003	6,529,003
E - NON-AG LAND AND IMPROVEMENTS	174,747,132	0.8438	207,102,082	207,102,082
F1 - COMMERCIAL REAL	8,905,980	N/A	8,905,980	8,905,980
F2 - INDUSTRIAL REAL	387,120	N/A	387,120	387,120
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	45,535,246	0.9504	47,909,527	47,909,527
L1 - COMMERCIAL PERSONAL	10,451,750	N/A	10,451,750	10,451,750
L2 - INDUSTRIAL PERSONAL	17,976,685	N/A	17,976,685	17,976,685
M1 - MOBILE HOMES	1,599,532	N/A	1,599,532	1,599,532
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	79,460	N/A	79,460	79,460
S - SPECIAL INVENTORY	83,710	N/A	83,710	83,710
Subtotal	388,509,945		428,556,113	428,556,113
Less Total Deductions	107,152,656		115,136,995	115,136,995
Total Taxable Value	281,357,289		313,419,118	313,419,118

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
328,725,596	313,419,118	328,725,596	313,419,118

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
15,306,478	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
328,725,596	313,419,118	328,725,596	313,419,118

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