taxes Property Tax Assistance

2021 ISD Summary Worksheet

035-Castro /Castro County

185-904/Lazbuddie 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 967,440 N/A 967,440 967,440
D2 - FARM & RANCH IMP 401,130 N/A 401,130 401,130
E - NON-AG LAND AND IMPROVEMENTS 344,430 N/A 344,430 344,430
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 178,110 N/A 178,110 178,110
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
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 1,891,110 0 1,891,110 1,891,110
Less Total Deductions 0 0 0 0
Total Taxable Value 1,891,110 0 1,891,110 1,891,110

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
1,891,110 1,891,110 1,891,110 1,891,110


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
1,891,110 1,891,110 1,891,110 1,891,110

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

185-Parmer /Parmer County

185-904/Lazbuddie ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 65,937 N/A 65,937 65,937
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 13,632 N/A 13,632 13,632
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,274,240 1.5417 11,853,237 18,274,240
D2 - FARM & RANCH IMP 2,100,799 N/A 2,100,799 2,100,799
E - NON-AG LAND AND IMPROVEMENTS 24,361,848 0.9988 24,391,117 24,361,848
F1 - COMMERCIAL REAL 449,969 N/A 449,969 449,969
F2 - INDUSTRIAL REAL 7,965,303 N/A 7,965,303 7,965,303
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 6,056,730 1.0089 6,003,301 6,056,730
L1 - COMMERCIAL PERSONAL 541,579 N/A 541,579 541,579
L2 - INDUSTRIAL PERSONAL 4,649,956 N/A 4,649,956 4,649,956
M1 - MOBILE HOMES 8,036 N/A 8,036 8,036
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 64,488,029 0 58,042,866 64,488,029
Less Total Deductions 5,866,296 0 5,866,296 5,866,296
Total Taxable Value 58,621,733 0 52,176,570 58,621,733

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
59,712,214 58,621,733 59,712,214 58,621,733


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,090,481 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
59,712,214 58,621,733 59,712,214 58,621,733

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

185-904-02/Lazbuddie ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 65,937 N/A 65,937 65,937
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 13,632 N/A 13,632 13,632
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 19,241,680 1.5008 12,820,677 19,241,680
D2 - FARM & RANCH IMP 2,501,929 N/A 2,501,929 2,501,929
E - NON-AG LAND AND IMPROVEMENTS 24,706,278 0.9988 24,735,547 24,706,278
F1 - COMMERCIAL REAL 449,969 N/A 449,969 449,969
F2 - INDUSTRIAL REAL 7,965,303 N/A 7,965,303 7,965,303
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 6,234,840 1.0086 6,181,411 6,234,840
L1 - COMMERCIAL PERSONAL 541,579 N/A 541,579 541,579
L2 - INDUSTRIAL PERSONAL 4,649,956 N/A 4,649,956 4,649,956
M1 - MOBILE HOMES 8,036 N/A 8,036 8,036
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 66,379,139 59,933,976 66,379,139
Less Total Deductions 5,866,296 5,866,296 5,866,296
Total Taxable Value 60,512,843 54,067,680 60,512,843

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
61,603,324 60,512,843 61,603,324 60,512,843


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,090,481 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
61,603,324 60,512,843 61,603,324 60,512,843

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