taxes Property Tax Assistance

2020 ISD Summary Worksheet

148-Lipscomb /Lipscomb County

148-905/Darrouzett ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 5,893,580 0.9476 6,219,481 5,893,580
B - MULTIFAMILY 122,690 N/A 122,690 122,690
C1 - VACANT LOTS 44,430 N/A 44,430 44,430
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,415,690 1.1782 6,294,232 7,415,690
D2 - FARM & RANCH IMP 893,260 N/A 893,260 893,260
E - NON-AG LAND AND IMPROVEMENTS 2,911,820 N/A 2,911,820 2,911,820
F1 - COMMERCIAL REAL 638,620 N/A 638,620 638,620
F2 - INDUSTRIAL REAL 340,030 N/A 340,030 340,030
G - ALL MINERALS 24,890,469 0.9983 24,932,855 24,890,469
J - ALL UTILITIES 11,726,930 N/A 11,726,930 11,726,930
L1 - COMMERCIAL PERSONAL 2,548,699 N/A 2,548,699 2,548,699
L2 - INDUSTRIAL PERSONAL 1,088,770 N/A 1,088,770 1,088,770
M1 - MOBILE HOMES 144,090 N/A 144,090 144,090
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 58,659,078 0 57,905,907 58,659,078
Less Total Deductions 3,998,642 0 4,173,533 3,998,642
Total Taxable Value 54,660,436 0 53,732,374 54,660,436

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
55,659,606 54,660,436 55,659,606 54,660,436


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
999,170 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
55,659,606 54,660,436 55,659,606 54,660,436

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

148-905-02/Darrouzett ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 5,893,580 0.9476 6,219,481 5,893,580
B - MULTIFAMILY 122,690 N/A 122,690 122,690
C1 - VACANT LOTS 44,430 N/A 44,430 44,430
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,415,690 1.1782 6,294,232 7,415,690
D2 - FARM & RANCH IMP 893,260 N/A 893,260 893,260
E - NON-AG LAND AND IMPROVEMENTS 2,911,820 N/A 2,911,820 2,911,820
F1 - COMMERCIAL REAL 638,620 N/A 638,620 638,620
F2 - INDUSTRIAL REAL 340,030 N/A 340,030 340,030
G - ALL MINERALS 24,890,469 0.9983 24,932,855 24,890,469
J - ALL UTILITIES 11,726,930 N/A 11,726,930 11,726,930
L1 - COMMERCIAL PERSONAL 2,548,699 N/A 2,548,699 2,548,699
L2 - INDUSTRIAL PERSONAL 1,088,770 N/A 1,088,770 1,088,770
M1 - MOBILE HOMES 144,090 N/A 144,090 144,090
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 58,659,078 57,905,907 58,659,078
Less Total Deductions 3,998,642 4,173,533 3,998,642
Total Taxable Value 54,660,436 53,732,374 54,660,436

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
55,659,606 54,660,436 55,659,606 54,660,436


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
999,170 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
55,659,606 54,660,436 55,659,606 54,660,436

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