taxes Property Tax Assistance

2021 ISD Summary Worksheet

035-Castro /Castro County

140-907/Springlake-Earth ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	520,240	N/A	520,240	520,240
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	3,380	N/A	3,380	3,380
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,288,476	2.8096	3,661,838	10,288,476
D2 - FARM & RANCH IMP	2,356,680	0.9704	2,428,566	2,356,680
E - NON-AG LAND AND IMPROVEMENTS	3,035,810	0.9736	3,118,129	3,035,810
F1 - COMMERCIAL REAL	92,510	N/A	92,510	92,510
F2 - INDUSTRIAL REAL	7,012,270	N/A	7,012,270	7,012,270
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	3,586,750	0.8932	4,015,618	3,586,750
L1 - COMMERCIAL PERSONAL	172,670	N/A	172,670	172,670
L2 - INDUSTRIAL PERSONAL	306,700	N/A	306,700	306,700
M1 - MOBILE HOMES	40,570	N/A	40,570	40,570
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	27,416,056	0	21,372,491	27,416,056
Less Total Deductions	495,085	0	495,085	495,085
Total Taxable Value	26,920,971	0	20,877,406	26,920,971

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
27,038,171	26,920,971	27,038,171	26,920,971

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
117,200	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
27,038,171	26,920,971	27,038,171	26,920,971

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE

140-Lamb /Lamb County

140-907/Springlake-Earth ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	20,213,086	N/A	20,213,086	20,213,086
B - MULTIFAMILY	22,470	N/A	22,470	22,470
C1 - VACANT LOTS	235,610	N/A	235,610	235,610
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	15,079,054	N/A	15,079,054	15,079,054
D2 - FARM & RANCH IMP	1,122,481	N/A	1,122,481	1,122,481
E - NON-AG LAND AND IMPROVEMENTS	12,442,353	N/A	12,442,353	12,442,353
F1 - COMMERCIAL REAL	2,410,240	N/A	2,410,240	2,410,240
F2 - INDUSTRIAL REAL	1,630,300	N/A	1,630,300	1,630,300
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	10,457,740	N/A	10,457,740	10,457,740
L1 - COMMERCIAL PERSONAL	1,576,450	N/A	1,576,450	1,576,450
L2 - INDUSTRIAL PERSONAL	3,222,560	N/A	3,222,560	3,222,560
M1 - MOBILE HOMES	266,260	N/A	266,260	266,260
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	68,678,604	0	68,678,604	68,678,604
Less Total Deductions	8,994,829	0	8,994,829	8,994,829
Total Taxable Value	59,683,775	0	59,683,775	59,683,775

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
61,685,667	59,683,775	61,685,667	59,683,775

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,001,892	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
61,685,667	59,683,775	61,685,667	59,683,775

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

140-907-02/Springlake-Earth ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	20,733,326	N/A	20,733,326	20,733,326
B - MULTIFAMILY	22,470	N/A	22,470	22,470
C1 - VACANT LOTS	238,990	N/A	238,990	238,990
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	25,367,530	1.3536	18,740,892	25,367,530
D2 - FARM & RANCH IMP	3,479,161	0.9798	3,551,047	3,479,161
E - NON-AG LAND AND IMPROVEMENTS	15,478,163	0.9947	15,560,482	15,478,163
F1 - COMMERCIAL REAL	2,502,750	N/A	2,502,750	2,502,750
F2 - INDUSTRIAL REAL	8,642,570	N/A	8,642,570	8,642,570
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	14,044,490	0.9704	14,473,358	14,044,490
L1 - COMMERCIAL PERSONAL	1,749,120	N/A	1,749,120	1,749,120
L2 - INDUSTRIAL PERSONAL	3,529,260	N/A	3,529,260	3,529,260
M1 - MOBILE HOMES	306,830	N/A	306,830	306,830
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	96,094,660		90,051,095	96,094,660
Less Total Deductions	9,489,914		9,489,914	9,489,914
Total Taxable Value	86,604,746		80,561,181	86,604,746

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
88,723,838	86,604,746	88,723,838	86,604,746

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,119,092	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
88,723,838	86,604,746	88,723,838	86,604,746

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