taxes Property Tax Assistance

2021 ISD Summary Worksheet

Muleshoe ISD (all splits)   Bailey County   Lamb County  

009-Bailey/Bailey County

009-901/Muleshoe ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 86,714,085 0.7356 117,882,117 117,882,117
B - MULTIFAMILY 1,566,173 N/A 1,566,173 1,566,173
C1 - VACANT LOTS 1,014,815 N/A 1,014,815 1,014,815
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 25,033,672 1.6364 15,298,164 15,298,164
D2 - FARM & RANCH IMP 2,360,890 N/A 2,360,890 2,360,890
E - NON-AG LAND AND IMPROVEMENTS 32,396,583 0.6609 49,018,888 49,018,888
F1 - COMMERCIAL REAL 20,974,018 0.9977 21,022,369 21,022,369
F2 - INDUSTRIAL REAL 37,280,705 N/A 37,280,705 37,280,705
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 55,143,485 0.9462 58,278,889 58,278,889
L1 - COMMERCIAL PERSONAL 30,764,916 0.9932 30,975,550 30,975,550
L2 - INDUSTRIAL PERSONAL 20,061,747 N/A 20,061,747 20,061,747
M1 - MOBILE HOMES 3,228,519 N/A 3,228,519 3,228,519
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 4,284,727 N/A 4,284,727 4,284,727
Subtotal 320,824,335 0 362,273,553 362,273,553
Less Total Deductions 34,348,538 0 46,017,817 46,017,817
Total Taxable Value 286,475,797 0 316,255,736 316,255,736

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's office 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 school 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

Measure Value Description
T1 324,750,846 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 316,255,736 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 324,750,846 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 316,255,736 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 324,750,846 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 316,255,736 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 324,750,846 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 316,255,736 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 8,495,110 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL 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).


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140-Lamb/Lamb County

009-901/Muleshoe ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 633,450 N/A 633,450 633,450
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 4,026,257 N/A 4,026,257 4,026,257
D2 - FARM & RANCH IMP 218,190 N/A 218,190 218,190
E - NON-AG LAND AND IMPROVEMENTS 3,777,308 N/A 3,777,308 3,777,308
F1 - COMMERCIAL REAL 190,200 N/A 190,200 190,200
F2 - INDUSTRIAL REAL 3,079,460 N/A 3,079,460 3,079,460
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,036,130 N/A 1,036,130 1,036,130
L1 - COMMERCIAL PERSONAL 2,220 N/A 2,220 2,220
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 2,980 N/A 2,980 2,980
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 12,966,195 0 12,966,195 12,966,195
Less Total Deductions 343,457 0 343,457 343,457
Total Taxable Value 12,622,738 0 12,622,738 12,622,738

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's office 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 school 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

Measure Value Description
T1 12,675,378 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 12,622,738 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 12,675,378 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 12,622,738 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 12,675,378 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 12,622,738 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 12,675,378 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 12,622,738 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 52,640 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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009-901-02/Muleshoe ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 87,347,535 0.7370 118,515,567 118,515,567
B - MULTIFAMILY 1,566,173 N/A 1,566,173 1,566,173
C1 - VACANT LOTS 1,014,815 N/A 1,014,815 1,014,815
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 29,059,929 1.5038 19,324,421 19,324,421
D2 - FARM & RANCH IMP 2,579,080 N/A 2,579,080 2,579,080
E - NON-AG LAND AND IMPROVEMENTS 36,173,891 0.6852 52,796,196 52,796,196
F1 - COMMERCIAL REAL 21,164,218 0.9977 21,212,569 21,212,569
F2 - INDUSTRIAL REAL 40,360,165 N/A 40,360,165 40,360,165
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 56,179,615 0.9471 59,315,019 59,315,019
L1 - COMMERCIAL PERSONAL 30,767,136 0.9932 30,977,770 30,977,770
L2 - INDUSTRIAL PERSONAL 20,061,747 N/A 20,061,747 20,061,747
M1 - MOBILE HOMES 3,231,499 N/A 3,231,499 3,231,499
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 4,284,727 N/A 4,284,727 4,284,727
Subtotal 333,790,530 375,239,748 375,239,748
Less Total Deductions 34,691,995 46,361,274 46,361,274
Total Taxable Value 299,098,535 328,878,474 328,878,474

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's office 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 school 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

Measure Value Description
T1 337,426,224 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 328,878,474 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 337,426,224 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 328,878,474 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 337,426,224 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 328,878,474 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 337,426,224 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 328,878,474 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 8,547,750 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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