taxes Property Tax Assistance

2021 ISD Summary Worksheet

148-Lipscomb /Lipscomb County

148-905/Darrouzett ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	6,043,830	N/A	6,043,830	6,043,830
B - MULTIFAMILY	117,450	N/A	117,450	117,450
C1 - VACANT LOTS	44,430	N/A	44,430	44,430
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,030,800	N/A	7,030,800	7,030,800
D2 - FARM & RANCH IMP	992,470	N/A	992,470	992,470
E - NON-AG LAND AND IMPROVEMENTS	2,965,360	N/A	2,965,360	2,965,360
F1 - COMMERCIAL REAL	650,350	N/A	650,350	650,350
F2 - INDUSTRIAL REAL	340,030	N/A	340,030	340,030
G - ALL MINERALS	21,863,322	N/A	21,863,322	21,863,322
J - ALL UTILITIES	11,484,960	N/A	11,484,960	11,484,960
L1 - COMMERCIAL PERSONAL	3,963,566	N/A	3,963,566	3,963,566
L2 - INDUSTRIAL PERSONAL	898,040	N/A	898,040	898,040
M1 - MOBILE HOMES	117,400	N/A	117,400	117,400
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	56,512,008	0	56,512,008	56,512,008
Less Total Deductions	3,984,131	0	3,984,131	3,984,131
Total Taxable Value	52,527,877	0	52,527,877	52,527,877

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
53,518,727	52,527,877	53,518,727	52,527,877

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
990,850	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
53,518,727	52,527,877	53,518,727	52,527,877

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

148-905-02/Darrouzett ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	6,043,830	N/A	6,043,830	6,043,830
B - MULTIFAMILY	117,450	N/A	117,450	117,450
C1 - VACANT LOTS	44,430	N/A	44,430	44,430
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,030,800	N/A	7,030,800	7,030,800
D2 - FARM & RANCH IMP	992,470	N/A	992,470	992,470
E - NON-AG LAND AND IMPROVEMENTS	2,965,360	N/A	2,965,360	2,965,360
F1 - COMMERCIAL REAL	650,350	N/A	650,350	650,350
F2 - INDUSTRIAL REAL	340,030	N/A	340,030	340,030
G - ALL MINERALS	21,863,322	N/A	21,863,322	21,863,322
J - ALL UTILITIES	11,484,960	N/A	11,484,960	11,484,960
L1 - COMMERCIAL PERSONAL	3,963,566	N/A	3,963,566	3,963,566
L2 - INDUSTRIAL PERSONAL	898,040	N/A	898,040	898,040
M1 - MOBILE HOMES	117,400	N/A	117,400	117,400
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	56,512,008		56,512,008	56,512,008
Less Total Deductions	3,984,131		3,984,131	3,984,131
Total Taxable Value	52,527,877		52,527,877	52,527,877

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
53,518,727	52,527,877	53,518,727	52,527,877

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
990,850	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
53,518,727	52,527,877	53,518,727	52,527,877

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