taxes Property Tax Assistance

2021 ISD Summary Worksheet

141-Lampasas /Lampasas County

141-902/Lometa ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	24,686,700	1.0075	24,502,928	24,686,700
B - MULTIFAMILY	483,000	N/A	483,000	483,000
C1 - VACANT LOTS	2,700,470	N/A	2,700,470	2,700,470
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,718,050	1.2144	8,826,021	10,718,050
D2 - FARM & RANCH IMP	1,532,630	N/A	1,532,630	1,532,630
E - NON-AG LAND AND IMPROVEMENTS	72,900,810	0.9317	78,244,939	72,900,810
F1 - COMMERCIAL REAL	4,785,200	N/A	4,785,200	4,785,200
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	43,189,631	0.5203	83,009,093	43,189,631
L1 - COMMERCIAL PERSONAL	1,237,550	N/A	1,237,550	1,237,550
L2 - INDUSTRIAL PERSONAL	984,807	N/A	984,807	984,807
M1 - MOBILE HOMES	1,655,850	N/A	1,655,850	1,655,850
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	164,874,698	0	207,962,488	164,874,698
Less Total Deductions	20,276,280	0	20,112,779	20,276,280
Total Taxable Value	144,598,418	0	187,849,709	144,598,418

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
147,683,003	144,598,418	147,683,003	144,598,418

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,084,585	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
147,683,003	144,598,418	147,683,003	144,598,418

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

167-Mills /Mills County

141-902/Lometa ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	129,620	N/A	129,620	129,620
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	2,783,180	1.0945	2,542,977	2,783,180
D2 - FARM & RANCH IMP	870,960	0.8830	986,365	870,960
E - NON-AG LAND AND IMPROVEMENTS	8,311,340	1.0237	8,118,922	8,311,340
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	9,181,060	N/A	9,181,060	9,181,060
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	4,984,570	N/A	4,984,570	4,984,570
L1 - COMMERCIAL PERSONAL	70	N/A	70	70
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
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	26,260,800	0	25,943,584	26,260,800
Less Total Deductions	1,503,228	0	1,503,228	1,503,228
Total Taxable Value	24,757,572	0	24,440,356	24,757,572

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
24,981,387	24,757,572	24,981,387	24,757,572

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
223,815	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
24,981,387	24,757,572	24,981,387	24,757,572

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

141-902-02/Lometa ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	24,816,320	1.0075	24,632,548	24,816,320
B - MULTIFAMILY	483,000	N/A	483,000	483,000
C1 - VACANT LOTS	2,700,470	N/A	2,700,470	2,700,470
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,501,230	1.1875	11,368,998	13,501,230
D2 - FARM & RANCH IMP	2,403,590	0.9542	2,518,995	2,403,590
E - NON-AG LAND AND IMPROVEMENTS	81,212,150	0.9403	86,363,861	81,212,150
F1 - COMMERCIAL REAL	4,785,200	N/A	4,785,200	4,785,200
F2 - INDUSTRIAL REAL	9,181,060	N/A	9,181,060	9,181,060
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	48,174,201	0.5475	87,993,663	48,174,201
L1 - COMMERCIAL PERSONAL	1,237,620	N/A	1,237,620	1,237,620
L2 - INDUSTRIAL PERSONAL	984,807	N/A	984,807	984,807
M1 - MOBILE HOMES	1,655,850	N/A	1,655,850	1,655,850
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	191,135,498		233,906,072	191,135,498
Less Total Deductions	21,779,508		21,616,007	21,779,508
Total Taxable Value	169,355,990		212,290,065	169,355,990

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
172,664,390	169,355,990	172,664,390	169,355,990

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,308,400	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
172,664,390	169,355,990	172,664,390	169,355,990

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