taxes Property Tax Assistance

2021 ISD Summary Worksheet

141-Lampasas /Lampasas County

141-902/Lometa ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 24,686,700 1.0075 24,502,928 24,686,700
B - MULTIFAMILY 483,000 N/A 483,000 483,000
C1 - VACANT LOTS 2,700,470 N/A 2,700,470 2,700,470
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,718,050 1.2144 8,826,021 10,718,050
D2 - FARM & RANCH IMP 1,532,630 N/A 1,532,630 1,532,630
E - NON-AG LAND AND IMPROVEMENTS 72,900,810 0.9317 78,244,939 72,900,810
F1 - COMMERCIAL REAL 4,785,200 N/A 4,785,200 4,785,200
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 43,189,631 0.5203 83,009,093 43,189,631
L1 - COMMERCIAL PERSONAL 1,237,550 N/A 1,237,550 1,237,550
L2 - INDUSTRIAL PERSONAL 984,807 N/A 984,807 984,807
M1 - MOBILE HOMES 1,655,850 N/A 1,655,850 1,655,850
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 164,874,698 0 207,962,488 164,874,698
Less Total Deductions 20,276,280 0 20,112,779 20,276,280
Total Taxable Value 144,598,418 0 187,849,709 144,598,418

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
147,683,003 144,598,418 147,683,003 144,598,418


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,084,585 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
147,683,003 144,598,418 147,683,003 144,598,418

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

167-Mills /Mills County

141-902/Lometa ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 129,620 N/A 129,620 129,620
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 2,783,180 1.0945 2,542,935 2,783,180
D2 - FARM & RANCH IMP 870,960 0.8830 986,365 870,960
E - NON-AG LAND AND IMPROVEMENTS 8,311,340 1.0237 8,118,922 8,311,340
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 9,181,060 N/A 9,181,060 9,181,060
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 4,984,570 N/A 4,984,570 4,984,570
L1 - COMMERCIAL PERSONAL 70 N/A 70 70
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 26,260,800 0 25,943,542 26,260,800
Less Total Deductions 1,503,228 0 1,503,228 1,503,228
Total Taxable Value 24,757,572 0 24,440,314 24,757,572

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
24,981,387 24,757,572 24,981,387 24,757,572


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
223,815 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
24,981,387 24,757,572 24,981,387 24,757,572

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

141-902-02/Lometa ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 24,816,320 1.0075 24,632,548 24,816,320
B - MULTIFAMILY 483,000 N/A 483,000 483,000
C1 - VACANT LOTS 2,700,470 N/A 2,700,470 2,700,470
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,501,230 1.1876 11,368,956 13,501,230
D2 - FARM & RANCH IMP 2,403,590 0.9542 2,518,995 2,403,590
E - NON-AG LAND AND IMPROVEMENTS 81,212,150 0.9403 86,363,861 81,212,150
F1 - COMMERCIAL REAL 4,785,200 N/A 4,785,200 4,785,200
F2 - INDUSTRIAL REAL 9,181,060 N/A 9,181,060 9,181,060
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 48,174,201 0.5475 87,993,663 48,174,201
L1 - COMMERCIAL PERSONAL 1,237,620 N/A 1,237,620 1,237,620
L2 - INDUSTRIAL PERSONAL 984,807 N/A 984,807 984,807
M1 - MOBILE HOMES 1,655,850 N/A 1,655,850 1,655,850
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 191,135,498 233,906,030 191,135,498
Less Total Deductions 21,779,508 21,616,007 21,779,508
Total Taxable Value 169,355,990 212,290,023 169,355,990

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
172,664,390 169,355,990 172,664,390 169,355,990


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,308,400 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
172,664,390 169,355,990 172,664,390 169,355,990

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