taxes Property Tax Assistance

2021 ISD Summary Worksheet

La Vega ISD (all splits)   McLennan County  

161-McLennan/McLennan County

161-906/La Vega ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 422,210,370 N/A 422,210,370 422,210,370
B - MULTIFAMILY 24,241,496 N/A 24,241,496 24,241,496
C1 - VACANT LOTS 19,628,221 N/A 19,628,221 19,628,221
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,499,680 N/A 1,499,680 1,499,680
D2 - FARM & RANCH IMP 1,031,582 N/A 1,031,582 1,031,582
E - NON-AG LAND AND IMPROVEMENTS 31,029,334 N/A 31,029,334 31,029,334
F1 - COMMERCIAL REAL 293,415,550 N/A 293,415,550 293,415,550
F2 - INDUSTRIAL REAL 120,814,650 N/A 120,814,650 120,814,650
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 47,156,740 N/A 47,156,740 47,156,740
L1 - COMMERCIAL PERSONAL 201,695,934 N/A 201,695,934 201,695,934
L2 - INDUSTRIAL PERSONAL 71,944,503 N/A 71,944,503 71,944,503
M1 - MOBILE HOMES 5,641,770 N/A 5,641,770 5,641,770
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,587,370 N/A 2,587,370 2,587,370
S - SPECIAL INVENTORY 693,650 N/A 693,650 693,650
Subtotal 1,243,590,850 0 1,243,590,850 1,243,590,850
Less Total Deductions 168,063,925 0 168,063,925 168,063,925
Total Taxable Value 1,075,526,925 0 1,075,526,925 1,075,526,925

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 1,095,059,108 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,075,526,925 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,095,059,108 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,075,526,925 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,095,059,108 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,075,526,925 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,095,059,108 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,075,526,925 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 19,532,183 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.


Back to top

161-906-02/La Vega ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 422,210,370 N/A 422,210,370 422,210,370
B - MULTIFAMILY 24,241,496 N/A 24,241,496 24,241,496
C1 - VACANT LOTS 19,628,221 N/A 19,628,221 19,628,221
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,499,680 N/A 1,499,680 1,499,680
D2 - FARM & RANCH IMP 1,031,582 N/A 1,031,582 1,031,582
E - NON-AG LAND AND IMPROVEMENTS 31,029,334 N/A 31,029,334 31,029,334
F1 - COMMERCIAL REAL 293,415,550 N/A 293,415,550 293,415,550
F2 - INDUSTRIAL REAL 120,814,650 N/A 120,814,650 120,814,650
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 47,156,740 N/A 47,156,740 47,156,740
L1 - COMMERCIAL PERSONAL 201,695,934 N/A 201,695,934 201,695,934
L2 - INDUSTRIAL PERSONAL 71,944,503 N/A 71,944,503 71,944,503
M1 - MOBILE HOMES 5,641,770 N/A 5,641,770 5,641,770
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,587,370 N/A 2,587,370 2,587,370
S - SPECIAL INVENTORY 693,650 N/A 693,650 693,650
Subtotal 1,243,590,850 1,243,590,850 1,243,590,850
Less Total Deductions 168,063,925 168,063,925 168,063,925
Total Taxable Value 1,075,526,925 1,075,526,925 1,075,526,925

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 1,095,059,108 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,075,526,925 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,095,059,108 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,075,526,925 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,095,059,108 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,075,526,925 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,095,059,108 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,075,526,925 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 19,532,183 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

Back to top