taxes Property Tax Assistance

2020 ISD Summary Worksheet

140-Lamb

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 0.7046 12,406,685 12,406,685
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 7,706,464
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 6,196,786
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 0.7779 14,515,285 14,515,285
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 57,834,410 57,834,410
Less Total Deductions 4,685,054 0 6,042,675 6,042,675
Total Taxable Value 49,187,046 0 51,791,735 51,791,735

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
52,751,271 51,791,735 52,751,271 51,791,735


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
52,751,271 51,791,735 52,751,271 51,791,735

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)

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 0.7046 12,406,685 12,406,685
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 7,706,464
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 6,196,786
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 0.7779 14,515,285 14,515,285
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 57,834,410 57,834,410
Less Total Deductions 4,685,054 6,042,675 6,042,675
Total Taxable Value 49,187,046 51,791,735 51,791,735

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
52,751,271 51,791,735 52,751,271 51,791,735


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
52,751,271 51,791,735 52,751,271 51,791,735

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