taxes Property Tax Assistance

2021 ISD Summary Worksheet

Lazbuddie ISD (all splits)   Castro County   Parmer County  

035-Castro/Castro County

185-904/Lazbuddie ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
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 967,440 N/A 967,440 967,440
D2 - FARM & RANCH IMP 401,130 N/A 401,130 401,130
E - NON-AG LAND AND IMPROVEMENTS 344,430 N/A 344,430 344,430
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 178,110 N/A 178,110 178,110
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
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 1,891,110 0 1,891,110 1,891,110
Less Total Deductions 0 0 0 0
Total Taxable Value 1,891,110 0 1,891,110 1,891,110

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 1,891,110 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,891,110 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,891,110 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,891,110 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,891,110 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,891,110 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,891,110 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,891,110 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 0 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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185-Parmer/Parmer County

185-904/Lazbuddie ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 65,937 N/A 65,937 65,937
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 13,632 N/A 13,632 13,632
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,274,240 1.4794 12,352,565 18,274,240
D2 - FARM & RANCH IMP 2,100,799 N/A 2,100,799 2,100,799
E - NON-AG LAND AND IMPROVEMENTS 24,361,848 0.9988 24,391,117 24,361,848
F1 - COMMERCIAL REAL 449,969 N/A 449,969 449,969
F2 - INDUSTRIAL REAL 7,965,303 N/A 7,965,303 7,965,303
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 6,056,730 1.0200 5,937,971 6,056,730
L1 - COMMERCIAL PERSONAL 541,579 N/A 541,579 541,579
L2 - INDUSTRIAL PERSONAL 4,649,956 N/A 4,649,956 4,649,956
M1 - MOBILE HOMES 8,036 N/A 8,036 8,036
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 64,488,029 0 58,476,864 64,488,029
Less Total Deductions 5,866,296 0 5,866,296 5,866,296
Total Taxable Value 58,621,733 0 52,610,568 58,621,733

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 59,712,214 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 58,621,733 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 59,712,214 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 58,621,733 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 59,712,214 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 58,621,733 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 59,712,214 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 58,621,733 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,090,481 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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE.


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185-904-02/Lazbuddie ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 65,937 N/A 65,937 65,937
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 13,632 N/A 13,632 13,632
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 19,241,680 1.4446 13,320,005 19,241,680
D2 - FARM & RANCH IMP 2,501,929 N/A 2,501,929 2,501,929
E - NON-AG LAND AND IMPROVEMENTS 24,706,278 0.9988 24,735,547 24,706,278
F1 - COMMERCIAL REAL 449,969 N/A 449,969 449,969
F2 - INDUSTRIAL REAL 7,965,303 N/A 7,965,303 7,965,303
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 6,234,840 1.0194 6,116,081 6,234,840
L1 - COMMERCIAL PERSONAL 541,579 N/A 541,579 541,579
L2 - INDUSTRIAL PERSONAL 4,649,956 N/A 4,649,956 4,649,956
M1 - MOBILE HOMES 8,036 N/A 8,036 8,036
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 66,379,139 60,367,974 66,379,139
Less Total Deductions 5,866,296 5,866,296 5,866,296
Total Taxable Value 60,512,843 54,501,678 60,512,843

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 61,603,324 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 60,512,843 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 61,603,324 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 60,512,843 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 61,603,324 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 60,512,843 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 61,603,324 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 60,512,843 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,090,481 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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