taxes Property Tax Assistance

2021 ISD Summary Worksheet

035-Castro /Castro County

185-904/Lazbuddie ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 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	967,440	N/A	967,440	967,440
D2 - FARM & RANCH IMP	401,130	N/A	401,130	401,130
E - NON-AG LAND AND IMPROVEMENTS	344,430	N/A	344,430	344,430
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	178,110	N/A	178,110	178,110
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	1,891,110	0	1,891,110	1,891,110
Less Total Deductions	0	0	0	0
Total Taxable Value	1,891,110	0	1,891,110	1,891,110

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
1,891,110	1,891,110	1,891,110	1,891,110

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
1,891,110	1,891,110	1,891,110	1,891,110

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 /Parmer County

185-904/Lazbuddie ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	65,937	N/A	65,937	65,937
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	18,274,240	1.4794	12,352,565	18,274,240
D2 - FARM & RANCH IMP	2,100,799	N/A	2,100,799	2,100,799
E - NON-AG LAND AND IMPROVEMENTS	24,361,848	0.9988	24,391,117	24,361,848
F1 - COMMERCIAL REAL	449,969	N/A	449,969	449,969
F2 - INDUSTRIAL REAL	7,965,303	N/A	7,965,303	7,965,303
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	6,056,730	1.0200	5,937,971	6,056,730
L1 - COMMERCIAL PERSONAL	541,579	N/A	541,579	541,579
L2 - INDUSTRIAL PERSONAL	4,649,956	N/A	4,649,956	4,649,956
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	64,488,029	0	58,476,864	64,488,029
Less Total Deductions	5,866,296	0	5,866,296	5,866,296
Total Taxable Value	58,621,733	0	52,610,568	58,621,733

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
59,712,214	58,621,733	59,712,214	58,621,733

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,090,481	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
59,712,214	58,621,733	59,712,214	58,621,733

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	65,937	N/A	65,937	65,937
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	19,241,680	1.4446	13,320,005	19,241,680
D2 - FARM & RANCH IMP	2,501,929	N/A	2,501,929	2,501,929
E - NON-AG LAND AND IMPROVEMENTS	24,706,278	0.9988	24,735,547	24,706,278
F1 - COMMERCIAL REAL	449,969	N/A	449,969	449,969
F2 - INDUSTRIAL REAL	7,965,303	N/A	7,965,303	7,965,303
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	6,234,840	1.0194	6,116,081	6,234,840
L1 - COMMERCIAL PERSONAL	541,579	N/A	541,579	541,579
L2 - INDUSTRIAL PERSONAL	4,649,956	N/A	4,649,956	4,649,956
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	66,379,139		60,367,974	66,379,139
Less Total Deductions	5,866,296		5,866,296	5,866,296
Total Taxable Value	60,512,843		54,501,678	60,512,843

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
61,603,324	60,512,843	61,603,324	60,512,843

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,090,481	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
61,603,324	60,512,843	61,603,324	60,512,843

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