taxes Property Tax Assistance

2020 ISD Summary Worksheet

085-Garza

085-903/Southland ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,133,432 N/A 1,133,432 1,133,432
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 31,358 N/A 31,358 31,358
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,472,836 1.2500 5,178,259 6,472,836
D2 - FARM & RANCH IMP 1,192,638 N/A 1,192,638 1,192,638
E - NON-AG LAND AND IMPROVEMENTS 5,084,190 0.8906 5,708,724 5,084,190
F1 - COMMERCIAL REAL 457,836 N/A 457,836 457,836
F2 - INDUSTRIAL REAL 95,017,356 N/A 95,017,356 95,017,356
G - ALL MINERALS 26,908,850 1.0310 26,099,758 26,908,850
J - ALL UTILITIES 9,957,789 0.7803 12,761,488 9,957,789
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 923,053 N/A 923,053 923,053
M1 - MOBILE HOMES 17,044 N/A 17,044 17,044
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 147,196,382 0 148,520,946 147,196,382
Less Total Deductions 84,866,130 0 84,866,130 84,866,130
Total Taxable Value 62,330,252 0 63,654,816 62,330,252

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
62,753,221 62,330,252 62,753,221 62,330,252


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
422,969 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
145,711,757 145,288,788 145,711,757 145,288,788

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

152-Lubbock

085-903/Southland ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 41,492 N/A 41,492 41,492
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 155,552 N/A 155,552 155,552
D2 - FARM & RANCH IMP 0 N/A 0 0
E - NON-AG LAND AND IMPROVEMENTS 94,959 N/A 94,959 94,959
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 608,840 N/A 608,840 608,840
L1 - COMMERCIAL PERSONAL 1,500 N/A 1,500 1,500
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 902,343 0 902,343 902,343
Less Total Deductions 62,492 0 62,492 62,492
Total Taxable Value 839,851 0 839,851 839,851

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
859,851 839,851 859,851 839,851


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,000 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
859,851 839,851 859,851 839,851

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

153-Lynn

085-903/Southland ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 6,370 N/A 6,370 6,370
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,658,220 N/A 4,658,220 4,658,220
D2 - FARM & RANCH IMP 313,940 N/A 313,940 313,940
E - NON-AG LAND AND IMPROVEMENTS 1,580,660 N/A 1,580,660 1,580,660
F1 - COMMERCIAL REAL 850,590 N/A 850,590 850,590
F2 - INDUSTRIAL REAL 62,830,910 N/A 62,830,910 62,830,910
G - ALL MINERALS 339,100 N/A 339,100 339,100
J - ALL UTILITIES 2,517,810 N/A 2,517,810 2,517,810
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 1,024,000 N/A 1,024,000 1,024,000
M1 - MOBILE HOMES 79,530 N/A 79,530 79,530
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 74,201,130 0 74,201,130 74,201,130
Less Total Deductions 55,393,562 0 55,393,562 55,393,562
Total Taxable Value 18,807,568 0 18,807,568 18,807,568

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
18,907,568 18,807,568 18,907,568 18,807,568


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
100,000 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
73,797,298 73,697,298 73,797,298 73,697,298

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

085-903-02/Southland ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,174,924 N/A 1,174,924 1,174,924
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 37,728 N/A 37,728 37,728
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,286,608 1.1296 9,992,031 11,286,608
D2 - FARM & RANCH IMP 1,506,578 N/A 1,506,578 1,506,578
E - NON-AG LAND AND IMPROVEMENTS 6,759,809 0.9154 7,384,343 6,759,809
F1 - COMMERCIAL REAL 1,308,426 N/A 1,308,426 1,308,426
F2 - INDUSTRIAL REAL 157,848,266 N/A 157,848,266 157,848,266
G - ALL MINERALS 27,247,950 1.0306 26,438,858 27,247,950
J - ALL UTILITIES 13,084,439 0.8235 15,888,138 13,084,439
L1 - COMMERCIAL PERSONAL 1,500 N/A 1,500 1,500
L2 - INDUSTRIAL PERSONAL 1,947,053 N/A 1,947,053 1,947,053
M1 - MOBILE HOMES 96,574 N/A 96,574 96,574
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 222,299,855 223,624,419 222,299,855
Less Total Deductions 140,322,184 140,322,184 140,322,184
Total Taxable Value 81,977,671 83,302,235 81,977,671

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
82,520,640 81,977,671 82,520,640 81,977,671


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
542,969 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
220,368,906 219,825,937 220,368,906 219,825,937

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