taxes Property Tax Assistance

2021 ISD Summary Worksheet

113-Houston /Houston County

113-905/Latexo ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	90,382,680	N/A	90,382,680	90,382,680
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	2,894,580	N/A	2,894,580	2,894,580
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,928,180	N/A	8,928,180	8,928,180
D2 - FARM & RANCH IMP	4,748,130	N/A	4,748,130	4,748,130
E - NON-AG LAND AND IMPROVEMENTS	49,649,740	N/A	49,649,740	49,649,740
F1 - COMMERCIAL REAL	3,950,340	N/A	3,950,340	3,950,340
F2 - INDUSTRIAL REAL	3,090,540	N/A	3,090,540	3,090,540
G - ALL MINERALS	35,840	N/A	35,840	35,840
J - ALL UTILITIES	46,350,230	N/A	46,350,230	46,350,230
L1 - COMMERCIAL PERSONAL	1,822,990	N/A	1,822,990	1,822,990
L2 - INDUSTRIAL PERSONAL	17,998,480	N/A	17,998,480	17,998,480
M1 - MOBILE HOMES	5,451,840	N/A	5,451,840	5,451,840
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	13,050	N/A	13,050	13,050
Subtotal	235,316,620	0	235,316,620	235,316,620
Less Total Deductions	33,261,781	0	33,261,781	33,261,781
Total Taxable Value	202,054,839	0	202,054,839	202,054,839

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
208,165,275	202,054,839	208,165,275	202,054,839

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
6,110,436	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
208,165,275	202,054,839	208,165,275	202,054,839

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

113-905-02/Latexo ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	90,382,680	N/A	90,382,680	90,382,680
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	2,894,580	N/A	2,894,580	2,894,580
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,928,180	N/A	8,928,180	8,928,180
D2 - FARM & RANCH IMP	4,748,130	N/A	4,748,130	4,748,130
E - NON-AG LAND AND IMPROVEMENTS	49,649,740	N/A	49,649,740	49,649,740
F1 - COMMERCIAL REAL	3,950,340	N/A	3,950,340	3,950,340
F2 - INDUSTRIAL REAL	3,090,540	N/A	3,090,540	3,090,540
G - ALL MINERALS	35,840	N/A	35,840	35,840
J - ALL UTILITIES	46,350,230	N/A	46,350,230	46,350,230
L1 - COMMERCIAL PERSONAL	1,822,990	N/A	1,822,990	1,822,990
L2 - INDUSTRIAL PERSONAL	17,998,480	N/A	17,998,480	17,998,480
M1 - MOBILE HOMES	5,451,840	N/A	5,451,840	5,451,840
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	13,050	N/A	13,050	13,050
Subtotal	235,316,620		235,316,620	235,316,620
Less Total Deductions	33,261,781		33,261,781	33,261,781
Total Taxable Value	202,054,839		202,054,839	202,054,839

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
208,165,275	202,054,839	208,165,275	202,054,839

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
6,110,436	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
208,165,275	202,054,839	208,165,275	202,054,839

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