taxes Property Tax Assistance

2020 ISD Summary Worksheet

141-Lampasas /Lampasas County

141-902/Lometa ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	21,314,200	0.9326	22,854,600	21,314,200
B - MULTIFAMILY	460,050	N/A	460,050	460,050
C1 - VACANT LOTS	2,779,100	N/A	2,779,100	2,779,100
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,915,500	1.1673	9,351,431	10,915,500
D2 - FARM & RANCH IMP	1,379,200	N/A	1,379,200	1,379,200
E - NON-AG LAND AND IMPROVEMENTS	61,732,630	0.8870	69,597,103	61,732,630
F1 - COMMERCIAL REAL	4,900,890	N/A	4,900,890	4,900,890
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	34,652,080	0.9057	38,259,998	34,652,080
L1 - COMMERCIAL PERSONAL	1,497,420	N/A	1,497,420	1,497,420
L2 - INDUSTRIAL PERSONAL	1,013,260	N/A	1,013,260	1,013,260
M1 - MOBILE HOMES	1,505,320	N/A	1,505,320	1,505,320
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	142,149,650	0	153,598,372	142,149,650
Less Total Deductions	19,396,239	0	20,851,978	19,396,239
Total Taxable Value	122,753,411	0	132,746,394	122,753,411

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
125,899,863	122,753,411	125,899,863	122,753,411

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,146,452	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
125,899,863	122,753,411	125,899,863	122,753,411

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

167-Mills /Mills County

141-902/Lometa ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	119,250	N/A	119,250	119,250
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	2,467,580	N/A	2,467,580	2,467,580
D2 - FARM & RANCH IMP	939,340	N/A	939,340	939,340
E - NON-AG LAND AND IMPROVEMENTS	8,390,330	N/A	8,390,330	8,390,330
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	12,047,090	N/A	12,047,090	12,047,090
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	4,764,700	N/A	4,764,700	4,764,700
L1 - COMMERCIAL PERSONAL	160	N/A	160	160
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
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	28,728,450	0	28,728,450	28,728,450
Less Total Deductions	1,575,645	0	1,575,645	1,575,645
Total Taxable Value	27,152,805	0	27,152,805	27,152,805

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
27,362,040	27,152,805	27,362,040	27,152,805

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
209,235	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
27,362,040	27,152,805	27,362,040	27,152,805

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

141-902-02/Lometa ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	21,433,450	0.9329	22,973,850	21,433,450
B - MULTIFAMILY	460,050	N/A	460,050	460,050
C1 - VACANT LOTS	2,779,100	N/A	2,779,100	2,779,100
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,383,080	1.1323	11,819,011	13,383,080
D2 - FARM & RANCH IMP	2,318,540	N/A	2,318,540	2,318,540
E - NON-AG LAND AND IMPROVEMENTS	70,122,960	0.8992	77,987,433	70,122,960
F1 - COMMERCIAL REAL	4,900,890	N/A	4,900,890	4,900,890
F2 - INDUSTRIAL REAL	12,047,090	N/A	12,047,090	12,047,090
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	39,416,780	0.9161	43,024,698	39,416,780
L1 - COMMERCIAL PERSONAL	1,497,580	N/A	1,497,580	1,497,580
L2 - INDUSTRIAL PERSONAL	1,013,260	N/A	1,013,260	1,013,260
M1 - MOBILE HOMES	1,505,320	N/A	1,505,320	1,505,320
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	170,878,100		182,326,822	170,878,100
Less Total Deductions	20,971,884		22,427,623	20,971,884
Total Taxable Value	149,906,216		159,899,199	149,906,216

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
153,261,903	149,906,216	153,261,903	149,906,216

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,355,687	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
153,261,903	149,906,216	153,261,903	149,906,216

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