taxes Property Tax Assistance

2020 ISD Summary Worksheet

035-Castro

185-904/Lazbuddie 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 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 851,020 N/A 851,020 851,020
D2 - FARM & RANCH IMP 401,130 N/A 401,130 401,130
E - NON-AG LAND AND IMPROVEMENTS 335,410 N/A 335,410 335,410
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 174,560 N/A 174,560 174,560
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
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 1,762,120 0 1,762,120 1,762,120
Less Total Deductions 0 0 0 0
Total Taxable Value 1,762,120 0 1,762,120 1,762,120

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
1,762,120 1,762,120 1,762,120 1,762,120


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
1,762,120 1,762,120 1,762,120 1,762,120

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

185-Parmer

185-904/Lazbuddie ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 67,081 N/A 67,081 67,081
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 13,632 N/A 13,632 13,632
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 19,124,935 1.3394 14,278,394 19,124,935
D2 - FARM & RANCH IMP 2,189,790 N/A 2,189,790 2,189,790
E - NON-AG LAND AND IMPROVEMENTS 24,125,455 0.9861 24,465,526 24,125,455
F1 - COMMERCIAL REAL 468,195 N/A 468,195 468,195
F2 - INDUSTRIAL REAL 7,974,241 N/A 7,974,241 7,974,241
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,420,520 0.9328 5,811,021 5,420,520
L1 - COMMERCIAL PERSONAL 494,916 N/A 494,916 494,916
L2 - INDUSTRIAL PERSONAL 4,292,384 N/A 4,292,384 4,292,384
M1 - MOBILE HOMES 8,036 N/A 8,036 8,036
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 64,179,185 0 60,063,216 64,179,185
Less Total Deductions 5,395,933 0 5,395,933 5,395,933
Total Taxable Value 58,783,252 0 54,667,283 58,783,252

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
59,843,491 58,783,252 59,843,491 58,783,252


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,060,239 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
59,843,491 58,783,252 59,843,491 58,783,252

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE

185-904-02/Lazbuddie ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 67,081 N/A 67,081 67,081
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 13,632 N/A 13,632 13,632
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 19,975,955 1.3203 15,129,414 19,975,955
D2 - FARM & RANCH IMP 2,590,920 N/A 2,590,920 2,590,920
E - NON-AG LAND AND IMPROVEMENTS 24,460,865 0.9863 24,800,936 24,460,865
F1 - COMMERCIAL REAL 468,195 N/A 468,195 468,195
F2 - INDUSTRIAL REAL 7,974,241 N/A 7,974,241 7,974,241
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,595,080 0.9348 5,985,581 5,595,080
L1 - COMMERCIAL PERSONAL 494,916 N/A 494,916 494,916
L2 - INDUSTRIAL PERSONAL 4,292,384 N/A 4,292,384 4,292,384
M1 - MOBILE HOMES 8,036 N/A 8,036 8,036
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 65,941,305 61,825,336 65,941,305
Less Total Deductions 5,395,933 5,395,933 5,395,933
Total Taxable Value 60,545,372 56,429,403 60,545,372

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
61,605,611 60,545,372 61,605,611 60,545,372


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,060,239 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
61,605,611 60,545,372 61,605,611 60,545,372

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