taxes Property Tax Assistance

2021 ISD Summary Worksheet

Latexo ISD (all splits)   Houston County  

113-Houston/Houston County

113-905/Latexo ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 90,382,680 N/A 90,382,680 90,382,680
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 2,894,580 N/A 2,894,580 2,894,580
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,928,180 N/A 8,928,180 8,928,180
D2 - FARM & RANCH IMP 4,748,130 N/A 4,748,130 4,748,130
E - NON-AG LAND AND IMPROVEMENTS 49,649,740 N/A 49,649,740 49,649,740
F1 - COMMERCIAL REAL 3,950,340 N/A 3,950,340 3,950,340
F2 - INDUSTRIAL REAL 3,090,540 N/A 3,090,540 3,090,540
G - ALL MINERALS 35,840 N/A 35,840 35,840
J - ALL UTILITIES 46,350,230 N/A 46,350,230 46,350,230
L1 - COMMERCIAL PERSONAL 1,822,990 N/A 1,822,990 1,822,990
L2 - INDUSTRIAL PERSONAL 17,998,480 N/A 17,998,480 17,998,480
M1 - MOBILE HOMES 5,451,840 N/A 5,451,840 5,451,840
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 13,050 N/A 13,050 13,050
Subtotal 235,316,620 0 235,316,620 235,316,620
Less Total Deductions 33,261,781 0 33,261,781 33,261,781
Total Taxable Value 202,054,839 0 202,054,839 202,054,839

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 208,165,275 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 202,054,839 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 208,165,275 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 202,054,839 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 208,165,275 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 202,054,839 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 208,165,275 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 202,054,839 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 6,110,436 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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113-905-02/Latexo ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 90,382,680 N/A 90,382,680 90,382,680
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 2,894,580 N/A 2,894,580 2,894,580
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,928,180 N/A 8,928,180 8,928,180
D2 - FARM & RANCH IMP 4,748,130 N/A 4,748,130 4,748,130
E - NON-AG LAND AND IMPROVEMENTS 49,649,740 N/A 49,649,740 49,649,740
F1 - COMMERCIAL REAL 3,950,340 N/A 3,950,340 3,950,340
F2 - INDUSTRIAL REAL 3,090,540 N/A 3,090,540 3,090,540
G - ALL MINERALS 35,840 N/A 35,840 35,840
J - ALL UTILITIES 46,350,230 N/A 46,350,230 46,350,230
L1 - COMMERCIAL PERSONAL 1,822,990 N/A 1,822,990 1,822,990
L2 - INDUSTRIAL PERSONAL 17,998,480 N/A 17,998,480 17,998,480
M1 - MOBILE HOMES 5,451,840 N/A 5,451,840 5,451,840
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 13,050 N/A 13,050 13,050
Subtotal 235,316,620 235,316,620 235,316,620
Less Total Deductions 33,261,781 33,261,781 33,261,781
Total Taxable Value 202,054,839 202,054,839 202,054,839

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 208,165,275 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 202,054,839 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 208,165,275 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 202,054,839 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 208,165,275 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 202,054,839 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 208,165,275 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 202,054,839 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 6,110,436 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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