taxes Property Tax Assistance

2021 ISD Summary Worksheet

Nazareth ISD (all splits)   Castro County  

035-Castro/Castro County

035-903/Nazareth ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 27,442,720 1.0021 27,385,211 27,442,720
B - MULTIFAMILY 538,280 N/A 538,280 538,280
C1 - VACANT LOTS 274,440 N/A 274,440 274,440
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,059,788 1.1785 10,232,982 12,059,788
D2 - FARM & RANCH IMP 1,772,300 N/A 1,772,300 1,772,300
E - NON-AG LAND AND IMPROVEMENTS 9,578,100 0.9207 10,403,063 9,578,100
F1 - COMMERCIAL REAL 1,651,650 N/A 1,651,650 1,651,650
F2 - INDUSTRIAL REAL 98,960 N/A 98,960 98,960
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 35,334,860 0.8665 40,778,834 35,334,860
L1 - COMMERCIAL PERSONAL 1,217,840 N/A 1,217,840 1,217,840
L2 - INDUSTRIAL PERSONAL 104,820 N/A 104,820 104,820
M1 - MOBILE HOMES 260,530 N/A 260,530 260,530
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 90,334,288 0 94,718,910 90,334,288
Less Total Deductions 7,841,419 0 7,827,547 7,841,419
Total Taxable Value 82,492,869 0 86,891,363 82,492,869

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 84,292,399 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 82,492,869 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 84,292,399 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 82,492,869 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 84,292,399 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 82,492,869 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 84,292,399 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 82,492,869 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,799,530 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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035-903-02/Nazareth ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 27,442,720 1.0021 27,385,211 27,442,720
B - MULTIFAMILY 538,280 N/A 538,280 538,280
C1 - VACANT LOTS 274,440 N/A 274,440 274,440
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,059,788 1.1785 10,232,982 12,059,788
D2 - FARM & RANCH IMP 1,772,300 N/A 1,772,300 1,772,300
E - NON-AG LAND AND IMPROVEMENTS 9,578,100 0.9207 10,403,063 9,578,100
F1 - COMMERCIAL REAL 1,651,650 N/A 1,651,650 1,651,650
F2 - INDUSTRIAL REAL 98,960 N/A 98,960 98,960
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 35,334,860 0.8665 40,778,834 35,334,860
L1 - COMMERCIAL PERSONAL 1,217,840 N/A 1,217,840 1,217,840
L2 - INDUSTRIAL PERSONAL 104,820 N/A 104,820 104,820
M1 - MOBILE HOMES 260,530 N/A 260,530 260,530
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 90,334,288 94,718,910 90,334,288
Less Total Deductions 7,841,419 7,827,547 7,841,419
Total Taxable Value 82,492,869 86,891,363 82,492,869

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 84,292,399 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 82,492,869 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 84,292,399 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 82,492,869 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 84,292,399 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 82,492,869 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 84,292,399 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 82,492,869 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,799,530 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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