taxes Property Tax Assistance

2020 ISD Summary Worksheet

139-Lamar

139-912/Prairiland ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 96,601,218 0.9149 105,586,641 105,586,641
B - MULTIFAMILY 4,769,870 N/A 4,769,870 4,769,870
C1 - VACANT LOTS 3,464,250 N/A 3,464,250 3,464,250
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,622,653 1.2136 11,225,222 11,225,222
D2 - FARM & RANCH IMP 6,562,450 N/A 6,562,450 6,562,450
E - NON-AG LAND AND IMPROVEMENTS 175,611,855 0.8426 208,416,633 208,416,633
F1 - COMMERCIAL REAL 8,964,590 N/A 8,964,590 8,964,590
F2 - INDUSTRIAL REAL 387,120 N/A 387,120 387,120
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 39,948,020 0.8957 44,599,777 44,599,777
L1 - COMMERCIAL PERSONAL 10,494,160 N/A 10,494,160 10,494,160
L2 - INDUSTRIAL PERSONAL 17,773,460 N/A 17,773,460 17,773,460
M1 - MOBILE HOMES 1,495,380 N/A 1,495,380 1,495,380
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 79,460 N/A 79,460 79,460
S - SPECIAL INVENTORY 83,710 N/A 83,710 83,710
Subtotal 379,858,196 0 423,902,723 423,902,723
Less Total Deductions 104,945,541 0 114,047,202 114,047,202
Total Taxable Value 274,912,655 0 309,855,521 309,855,521

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
324,532,243 309,855,521 324,532,243 309,855,521


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,676,722 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
324,532,243 309,855,521 324,532,243 309,855,521

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)

194-Red River

139-912/Prairiland ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 2,180,031 N/A 2,180,031 2,180,031
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 240,061 N/A 240,061 240,061
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,385,366 N/A 2,385,366 2,385,366
D2 - FARM & RANCH IMP 167,413 N/A 167,413 167,413
E - NON-AG LAND AND IMPROVEMENTS 1,543,317 N/A 1,543,317 1,543,317
F1 - COMMERCIAL REAL 4,000 N/A 4,000 4,000
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,587,226 N/A 5,587,226 5,587,226
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 206,745 N/A 206,745 206,745
M1 - MOBILE HOMES 104,152 N/A 104,152 104,152
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 12,418,311 0 12,418,311 12,418,311
Less Total Deductions 1,408,350 0 1,408,350 1,408,350
Total Taxable Value 11,009,961 0 11,009,961 11,009,961

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
11,290,647 11,009,961 11,290,647 11,009,961


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
280,686 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
11,290,647 11,009,961 11,290,647 11,009,961

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

139-912-02/Prairiland ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 98,781,249 0.9166 107,766,672 107,766,672
B - MULTIFAMILY 4,769,870 N/A 4,769,870 4,769,870
C1 - VACANT LOTS 3,704,311 N/A 3,704,311 3,704,311
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 16,008,019 1.1761 13,610,588 13,610,588
D2 - FARM & RANCH IMP 6,729,863 N/A 6,729,863 6,729,863
E - NON-AG LAND AND IMPROVEMENTS 177,155,172 0.8438 209,959,950 209,959,950
F1 - COMMERCIAL REAL 8,968,590 N/A 8,968,590 8,968,590
F2 - INDUSTRIAL REAL 387,120 N/A 387,120 387,120
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 45,535,246 0.9073 50,187,003 50,187,003
L1 - COMMERCIAL PERSONAL 10,494,160 N/A 10,494,160 10,494,160
L2 - INDUSTRIAL PERSONAL 17,980,205 N/A 17,980,205 17,980,205
M1 - MOBILE HOMES 1,599,532 N/A 1,599,532 1,599,532
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 79,460 N/A 79,460 79,460
S - SPECIAL INVENTORY 83,710 N/A 83,710 83,710
Subtotal 392,276,507 436,321,034 436,321,034
Less Total Deductions 106,353,891 115,455,552 115,455,552
Total Taxable Value 285,922,616 320,865,482 320,865,482

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
335,822,890 320,865,482 335,822,890 320,865,482


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
14,957,408 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
335,822,890 320,865,482 335,822,890 320,865,482

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