taxes Property Tax Assistance

2021 ISD Summary Worksheet

095-Hale /Hale County

140-905/Olton 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	9,692,140	2.9147	3,325,314	9,692,140
D2 - FARM & RANCH IMP	479,539	N/A	479,539	479,539
E - NON-AG LAND AND IMPROVEMENTS	5,938,972	0.7417	8,007,243	5,938,972
F1 - COMMERCIAL REAL	61,861	N/A	61,861	61,861
F2 - INDUSTRIAL REAL	190,408	N/A	190,408	190,408
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	8,845,410	0.8665	10,208,205	8,845,410
L1 - COMMERCIAL PERSONAL	454,533	N/A	454,533	454,533
L2 - INDUSTRIAL PERSONAL	17,050	N/A	17,050	17,050
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	25,679,913	0	22,744,153	25,679,913
Less Total Deductions	1,354,722	0	1,354,722	1,354,722
Total Taxable Value	24,325,191	0	21,389,431	24,325,191

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
24,645,453	24,325,191	24,645,453	24,325,191

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
320,262	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
24,645,453	24,325,191	24,645,453	24,325,191

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

140-905/Olton ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	40,864,270	N/A	40,864,270	40,864,270
B - MULTIFAMILY	122,410	N/A	122,410	122,410
C1 - VACANT LOTS	362,710	N/A	362,710	362,710
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	28,931,768	N/A	28,931,768	28,931,768
D2 - FARM & RANCH IMP	2,447,201	N/A	2,447,201	2,447,201
E - NON-AG LAND AND IMPROVEMENTS	23,312,780	N/A	23,312,780	23,312,780
F1 - COMMERCIAL REAL	5,004,390	N/A	5,004,390	5,004,390
F2 - INDUSTRIAL REAL	10,001,430	N/A	10,001,430	10,001,430
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	18,244,120	N/A	18,244,120	18,244,120
L1 - COMMERCIAL PERSONAL	8,899,130	N/A	8,899,130	8,899,130
L2 - INDUSTRIAL PERSONAL	2,917,880	N/A	2,917,880	2,917,880
M1 - MOBILE HOMES	1,360,180	N/A	1,360,180	1,360,180
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	748,180	N/A	748,180	748,180
Subtotal	143,216,449	0	143,216,449	143,216,449
Less Total Deductions	15,195,664	0	15,195,664	15,195,664
Total Taxable Value	128,020,785	0	128,020,785	128,020,785

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
130,839,176	128,020,785	130,839,176	128,020,785

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,818,391	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
130,839,176	128,020,785	130,839,176	128,020,785

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

140-905-02/Olton ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	40,864,270	N/A	40,864,270	40,864,270
B - MULTIFAMILY	122,410	N/A	122,410	122,410
C1 - VACANT LOTS	362,710	N/A	362,710	362,710
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	38,623,908	1.1974	32,257,082	38,623,908
D2 - FARM & RANCH IMP	2,926,740	N/A	2,926,740	2,926,740
E - NON-AG LAND AND IMPROVEMENTS	29,251,752	0.9340	31,320,023	29,251,752
F1 - COMMERCIAL REAL	5,066,251	N/A	5,066,251	5,066,251
F2 - INDUSTRIAL REAL	10,191,838	N/A	10,191,838	10,191,838
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	27,089,530	0.9521	28,452,325	27,089,530
L1 - COMMERCIAL PERSONAL	9,353,663	N/A	9,353,663	9,353,663
L2 - INDUSTRIAL PERSONAL	2,934,930	N/A	2,934,930	2,934,930
M1 - MOBILE HOMES	1,360,180	N/A	1,360,180	1,360,180
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	748,180	N/A	748,180	748,180
Subtotal	168,896,362		165,960,602	168,896,362
Less Total Deductions	16,550,386		16,550,386	16,550,386
Total Taxable Value	152,345,976		149,410,216	152,345,976

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
155,484,629	152,345,976	155,484,629	152,345,976

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,138,653	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
155,484,629	152,345,976	155,484,629	152,345,976

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