taxes Property Tax Assistance

2021 ISD Summary Worksheet

009-Bailey /Bailey County

009-901/Muleshoe ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	86,714,085	0.7310	118,623,919	118,623,919
B - MULTIFAMILY	1,566,173	N/A	1,566,173	1,566,173
C1 - VACANT LOTS	1,014,815	N/A	1,014,815	1,014,815
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	25,033,672	1.6364	15,298,164	15,298,164
D2 - FARM & RANCH IMP	2,360,890	N/A	2,360,890	2,360,890
E - NON-AG LAND AND IMPROVEMENTS	32,396,583	0.6592	49,145,302	49,145,302
F1 - COMMERCIAL REAL	20,974,018	0.9869	21,252,425	21,252,425
F2 - INDUSTRIAL REAL	37,280,705	N/A	37,280,705	37,280,705
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	55,143,485	0.8665	63,639,336	63,639,336
L1 - COMMERCIAL PERSONAL	30,764,916	0.9932	30,975,550	30,975,550
L2 - INDUSTRIAL PERSONAL	20,061,747	N/A	20,061,747	20,061,747
M1 - MOBILE HOMES	3,228,519	N/A	3,228,519	3,228,519
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	4,284,727	N/A	4,284,727	4,284,727
Subtotal	320,824,335	0	368,732,272	368,732,272
Less Total Deductions	34,348,538	0	46,295,555	46,295,555
Total Taxable Value	286,475,797	0	322,436,717	322,436,717

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
330,931,827	322,436,717	330,931,827	322,436,717

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
8,495,110	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
330,931,827	322,436,717	330,931,827	322,436,717

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

140-Lamb /Lamb County

009-901/Muleshoe ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	633,450	N/A	633,450	633,450
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	4,026,257	N/A	4,026,257	4,026,257
D2 - FARM & RANCH IMP	218,190	N/A	218,190	218,190
E - NON-AG LAND AND IMPROVEMENTS	3,777,308	N/A	3,777,308	3,777,308
F1 - COMMERCIAL REAL	190,200	N/A	190,200	190,200
F2 - INDUSTRIAL REAL	3,079,460	N/A	3,079,460	3,079,460
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	1,036,130	N/A	1,036,130	1,036,130
L1 - COMMERCIAL PERSONAL	2,220	N/A	2,220	2,220
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	2,980	N/A	2,980	2,980
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	12,966,195	0	12,966,195	12,966,195
Less Total Deductions	343,457	0	343,457	343,457
Total Taxable Value	12,622,738	0	12,622,738	12,622,738

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
12,675,378	12,622,738	12,675,378	12,622,738

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
52,640	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
12,675,378	12,622,738	12,675,378	12,622,738

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

009-901-02/Muleshoe ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	87,347,535	0.7324	119,257,369	119,257,369
B - MULTIFAMILY	1,566,173	N/A	1,566,173	1,566,173
C1 - VACANT LOTS	1,014,815	N/A	1,014,815	1,014,815
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	29,059,929	1.5038	19,324,421	19,324,421
D2 - FARM & RANCH IMP	2,579,080	N/A	2,579,080	2,579,080
E - NON-AG LAND AND IMPROVEMENTS	36,173,891	0.6835	52,922,610	52,922,610
F1 - COMMERCIAL REAL	21,164,218	0.9870	21,442,625	21,442,625
F2 - INDUSTRIAL REAL	40,360,165	N/A	40,360,165	40,360,165
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	56,179,615	0.8686	64,675,466	64,675,466
L1 - COMMERCIAL PERSONAL	30,767,136	0.9932	30,977,770	30,977,770
L2 - INDUSTRIAL PERSONAL	20,061,747	N/A	20,061,747	20,061,747
M1 - MOBILE HOMES	3,231,499	N/A	3,231,499	3,231,499
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	4,284,727	N/A	4,284,727	4,284,727
Subtotal	333,790,530		381,698,467	381,698,467
Less Total Deductions	34,691,995		46,639,012	46,639,012
Total Taxable Value	299,098,535		335,059,455	335,059,455

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
343,607,205	335,059,455	343,607,205	335,059,455

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
8,547,750	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
343,607,205	335,059,455	343,607,205	335,059,455

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