taxes Property Tax Assistance

2020 ISD Summary Worksheet

140-Lamb /Lamb County

140-901/Amherst ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	8,741,750	0.7212	12,121,118	8,741,750
B - MULTIFAMILY	72,340	N/A	72,340	72,340
C1 - VACANT LOTS	112,810	N/A	112,810	112,810
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,255,550	1.3308	7,706,464	10,255,550
D2 - FARM & RANCH IMP	1,356,930	N/A	1,356,930	1,356,930
E - NON-AG LAND AND IMPROVEMENTS	6,574,170	1.0609	6,196,786	6,574,170
F1 - COMMERCIAL REAL	1,014,270	N/A	1,014,270	1,014,270
F2 - INDUSTRIAL REAL	10,781,460	N/A	10,781,460	10,781,460
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	11,291,440	0.9488	11,900,759	11,291,440
L1 - COMMERCIAL PERSONAL	1,318,830	N/A	1,318,830	1,318,830
L2 - INDUSTRIAL PERSONAL	1,444,280	N/A	1,444,280	1,444,280
M1 - MOBILE HOMES	908,270	N/A	908,270	908,270
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	53,872,100	0	54,934,317	53,872,100
Less Total Deductions	4,685,054	0	5,936,836	4,685,054
Total Taxable Value	49,187,046	0	48,997,481	49,187,046

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
50,146,582	49,187,046	50,146,582	49,187,046

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
959,536	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
50,146,582	49,187,046	50,146,582	49,187,046

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

140-901-02/Amherst ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	8,741,750	0.7212	12,121,118	8,741,750
B - MULTIFAMILY	72,340	N/A	72,340	72,340
C1 - VACANT LOTS	112,810	N/A	112,810	112,810
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,255,550	1.3308	7,706,464	10,255,550
D2 - FARM & RANCH IMP	1,356,930	N/A	1,356,930	1,356,930
E - NON-AG LAND AND IMPROVEMENTS	6,574,170	1.0609	6,196,786	6,574,170
F1 - COMMERCIAL REAL	1,014,270	N/A	1,014,270	1,014,270
F2 - INDUSTRIAL REAL	10,781,460	N/A	10,781,460	10,781,460
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	11,291,440	0.9488	11,900,759	11,291,440
L1 - COMMERCIAL PERSONAL	1,318,830	N/A	1,318,830	1,318,830
L2 - INDUSTRIAL PERSONAL	1,444,280	N/A	1,444,280	1,444,280
M1 - MOBILE HOMES	908,270	N/A	908,270	908,270
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	53,872,100		54,934,317	53,872,100
Less Total Deductions	4,685,054		5,936,836	4,685,054
Total Taxable Value	49,187,046		48,997,481	49,187,046

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
50,146,582	49,187,046	50,146,582	49,187,046

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
959,536	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
50,146,582	49,187,046	50,146,582	49,187,046

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