taxes Property Tax Assistance

2021 ISD Summary Worksheet

Loop ISD (all splits)   Gaines County   Terry County  

083-Gaines/Gaines County

083-902/Loop ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 725,670 N/A 725,670 725,670
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 249,619 N/A 249,619 249,619
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,498,702 1.1555 8,220,614 9,498,702
D2 - FARM & RANCH IMP 556,900 N/A 556,900 556,900
E - NON-AG LAND AND IMPROVEMENTS 23,779,015 1.0729 22,163,310 23,779,015
F1 - COMMERCIAL REAL 252,760 N/A 252,760 252,760
F2 - INDUSTRIAL REAL 3,823,360 N/A 3,823,360 3,823,360
G - ALL MINERALS 87,615,067 0.9342 93,786,199 87,615,067
J - ALL UTILITIES 13,468,560 0.8533 15,784,085 13,468,560
L1 - COMMERCIAL PERSONAL 182,640 N/A 182,640 182,640
L2 - INDUSTRIAL PERSONAL 12,079,360 N/A 12,079,360 12,079,360
M1 - MOBILE HOMES 750,280 N/A 750,280 750,280
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 152,981,933 0 158,574,797 152,981,933
Less Total Deductions 7,369,797 0 7,369,797 7,369,797
Total Taxable Value 145,612,136 0 151,205,000 145,612,136

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 146,433,590 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 145,612,136 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 145,221,644 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 144,400,190 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 146,433,590 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 145,612,136 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 145,221,644 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 144,400,190 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 821,454 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 1,211,946 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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223-Terry/Terry County

083-902/Loop 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 473,239 N/A 473,239 473,239
D2 - FARM & RANCH IMP 27,248 N/A 27,248 27,248
E - NON-AG LAND AND IMPROVEMENTS 19,227 N/A 19,227 19,227
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 3,134,572 N/A 3,134,572 3,134,572
J - ALL UTILITIES 493,628 N/A 493,628 493,628
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 4,147,914 0 4,147,914 4,147,914
Less Total Deductions 0 0 0 0
Total Taxable Value 4,147,914 0 4,147,914 4,147,914

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 4,147,914 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 4,147,914 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 4,147,914 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 4,147,914 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 4,147,914 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,147,914 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 4,147,914 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,147,914 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 0 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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083-902-02/Loop ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 725,670 N/A 725,670 725,670
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 249,619 N/A 249,619 249,619
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,971,941 1.1470 8,693,853 9,971,941
D2 - FARM & RANCH IMP 584,148 N/A 584,148 584,148
E - NON-AG LAND AND IMPROVEMENTS 23,798,242 1.0728 22,182,537 23,798,242
F1 - COMMERCIAL REAL 252,760 N/A 252,760 252,760
F2 - INDUSTRIAL REAL 3,823,360 N/A 3,823,360 3,823,360
G - ALL MINERALS 90,749,639 0.9363 96,920,771 90,749,639
J - ALL UTILITIES 13,962,188 0.8577 16,277,713 13,962,188
L1 - COMMERCIAL PERSONAL 182,640 N/A 182,640 182,640
L2 - INDUSTRIAL PERSONAL 12,079,360 N/A 12,079,360 12,079,360
M1 - MOBILE HOMES 750,280 N/A 750,280 750,280
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 157,129,847 162,722,711 157,129,847
Less Total Deductions 7,369,797 7,369,797 7,369,797
Total Taxable Value 149,760,050 155,352,914 149,760,050

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 150,581,504 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 149,760,050 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 149,369,558 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 148,548,104 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 150,581,504 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 149,760,050 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 149,369,558 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 148,548,104 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 821,454 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 1,211,946 50% of the loss to the local optional percentage homestead exemption

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