taxes Property Tax Assistance

2021 ISD Summary Worksheet

090-Gray /Gray County

090-902/Lefors ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	7,194,940	N/A	7,194,940	7,194,940
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	307,100	N/A	307,100	307,100
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,220,056	N/A	3,220,056	3,220,056
D2 - FARM & RANCH IMP	146,630	N/A	146,630	146,630
E - NON-AG LAND AND IMPROVEMENTS	7,172,380	N/A	7,172,380	7,172,380
F1 - COMMERCIAL REAL	300,563	N/A	300,563	300,563
F2 - INDUSTRIAL REAL	156,460	N/A	156,460	156,460
G - ALL MINERALS	15,206,530	N/A	15,206,530	15,206,530
J - ALL UTILITIES	47,049,070	N/A	47,049,070	47,049,070
L1 - COMMERCIAL PERSONAL	818,440	N/A	818,440	818,440
L2 - INDUSTRIAL PERSONAL	2,177,775	N/A	2,177,775	2,177,775
M1 - MOBILE HOMES	142,200	N/A	142,200	142,200
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	83,892,144	0	83,892,144	83,892,144
Less Total Deductions	4,693,043	0	4,693,043	4,693,043
Total Taxable Value	79,199,101	0	79,199,101	79,199,101

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
79,927,201	79,199,101	79,927,201	79,199,101

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
728,100	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
79,927,201	79,199,101	79,927,201	79,199,101

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

090-902-02/Lefors ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	7,194,940	N/A	7,194,940	7,194,940
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	307,100	N/A	307,100	307,100
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,220,056	N/A	3,220,056	3,220,056
D2 - FARM & RANCH IMP	146,630	N/A	146,630	146,630
E - NON-AG LAND AND IMPROVEMENTS	7,172,380	N/A	7,172,380	7,172,380
F1 - COMMERCIAL REAL	300,563	N/A	300,563	300,563
F2 - INDUSTRIAL REAL	156,460	N/A	156,460	156,460
G - ALL MINERALS	15,206,530	N/A	15,206,530	15,206,530
J - ALL UTILITIES	47,049,070	N/A	47,049,070	47,049,070
L1 - COMMERCIAL PERSONAL	818,440	N/A	818,440	818,440
L2 - INDUSTRIAL PERSONAL	2,177,775	N/A	2,177,775	2,177,775
M1 - MOBILE HOMES	142,200	N/A	142,200	142,200
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	83,892,144		83,892,144	83,892,144
Less Total Deductions	4,693,043		4,693,043	4,693,043
Total Taxable Value	79,199,101		79,199,101	79,199,101

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
79,927,201	79,199,101	79,927,201	79,199,101

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
728,100	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
79,927,201	79,199,101	79,927,201	79,199,101

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