taxes Property Tax Assistance

2021 ISD Summary Worksheet

139-Lamar /Lamar County

139-912/Prairiland ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 109,360,978 0.9539 114,646,166 114,646,166
B - MULTIFAMILY 6,091,260 N/A 6,091,260 6,091,260
C1 - VACANT LOTS 3,439,950 N/A 3,439,950 3,439,950
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,795,006 1.1136 11,489,832 11,489,832
D2 - FARM & RANCH IMP 7,325,100 N/A 7,325,100 7,325,100
E - NON-AG LAND AND IMPROVEMENTS 198,586,265 0.7744 256,438,875 256,438,875
F1 - COMMERCIAL REAL 29,678,998 N/A 29,678,998 29,678,998
F2 - INDUSTRIAL REAL 3,607,070 N/A 3,607,070 3,607,070
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 44,157,320 0.9452 46,717,435 46,717,435
L1 - COMMERCIAL PERSONAL 30,008,220 N/A 30,008,220 30,008,220
L2 - INDUSTRIAL PERSONAL 246,744,910 N/A 246,744,910 246,744,910
M1 - MOBILE HOMES 1,722,290 N/A 1,722,290 1,722,290
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 67,550 N/A 67,550 67,550
S - SPECIAL INVENTORY 11,600 N/A 11,600 11,600
Subtotal 693,596,517 0 757,989,256 757,989,256
Less Total Deductions 274,358,406 0 280,175,203 280,175,203
Total Taxable Value 419,238,111 0 477,814,053 477,814,053

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
492,920,196 477,814,053 492,920,196 477,814,053


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
15,106,143 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
645,987,811 630,881,668 645,987,811 630,881,668

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)

194-Red River /Red River County

139-912/Prairiland ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 2,610,979 N/A 2,610,979 2,610,979
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 326,421 N/A 326,421 326,421
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,427,011 N/A 2,427,011 2,427,011
D2 - FARM & RANCH IMP 191,018 N/A 191,018 191,018
E - NON-AG LAND AND IMPROVEMENTS 1,750,524 N/A 1,750,524 1,750,524
F1 - COMMERCIAL REAL 5,000 N/A 5,000 5,000
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,286,524 N/A 5,286,524 5,286,524
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 207,042 N/A 207,042 207,042
M1 - MOBILE HOMES 104,152 N/A 104,152 104,152
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 12,908,671 0 12,908,671 12,908,671
Less Total Deductions 1,649,029 0 1,649,029 1,649,029
Total Taxable Value 11,259,642 0 11,259,642 11,259,642

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
11,558,536 11,259,642 11,558,536 11,259,642


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
298,894 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
11,558,536 11,259,642 11,558,536 11,259,642

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

139-912-02/Prairiland ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 111,971,957 0.9549 117,257,145 117,257,145
B - MULTIFAMILY 6,091,260 N/A 6,091,260 6,091,260
C1 - VACANT LOTS 3,766,371 N/A 3,766,371 3,766,371
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,222,017 1.0938 13,916,843 13,916,843
D2 - FARM & RANCH IMP 7,516,118 N/A 7,516,118 7,516,118
E - NON-AG LAND AND IMPROVEMENTS 200,336,789 0.7759 258,189,399 258,189,399
F1 - COMMERCIAL REAL 29,683,998 N/A 29,683,998 29,683,998
F2 - INDUSTRIAL REAL 3,607,070 N/A 3,607,070 3,607,070
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 49,443,844 0.9508 52,003,959 52,003,959
L1 - COMMERCIAL PERSONAL 30,008,220 N/A 30,008,220 30,008,220
L2 - INDUSTRIAL PERSONAL 246,951,952 N/A 246,951,952 246,951,952
M1 - MOBILE HOMES 1,826,442 N/A 1,826,442 1,826,442
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 67,550 N/A 67,550 67,550
S - SPECIAL INVENTORY 11,600 N/A 11,600 11,600
Subtotal 706,505,188 770,897,927 770,897,927
Less Total Deductions 276,007,435 281,824,232 281,824,232
Total Taxable Value 430,497,753 489,073,695 489,073,695

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
504,478,732 489,073,695 504,478,732 489,073,695


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
15,405,037 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
657,546,347 642,141,310 657,546,347 642,141,310

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