taxes Property Tax Assistance

2021 ISD Summary Worksheet

083-Gaines /Gaines County

083-902/Loop ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 725,670 N/A 725,670 725,670
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 249,619 N/A 249,619 249,619
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,498,702 1.1555 8,220,614 9,498,702
D2 - FARM & RANCH IMP 556,900 N/A 556,900 556,900
E - NON-AG LAND AND IMPROVEMENTS 23,779,015 1.0729 22,163,310 23,779,015
F1 - COMMERCIAL REAL 252,760 N/A 252,760 252,760
F2 - INDUSTRIAL REAL 3,823,360 N/A 3,823,360 3,823,360
G - ALL MINERALS 87,615,067 0.9342 93,786,199 87,615,067
J - ALL UTILITIES 13,468,560 0.8533 15,784,085 13,468,560
L1 - COMMERCIAL PERSONAL 182,640 N/A 182,640 182,640
L2 - INDUSTRIAL PERSONAL 12,079,360 N/A 12,079,360 12,079,360
M1 - MOBILE HOMES 750,280 N/A 750,280 750,280
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 152,981,933 0 158,574,797 152,981,933
Less Total Deductions 7,369,797 0 7,369,797 7,369,797
Total Taxable Value 145,612,136 0 151,205,000 145,612,136

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
146,433,590 145,612,136 145,221,644 144,400,190


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
821,454 1,211,946


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
146,433,590 145,612,136 145,221,644 144,400,190

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

223-Terry /Terry County

083-902/Loop 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 473,239 N/A 473,239 473,239
D2 - FARM & RANCH IMP 27,248 N/A 27,248 27,248
E - NON-AG LAND AND IMPROVEMENTS 19,227 N/A 19,227 19,227
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 3,134,572 N/A 3,134,572 3,134,572
J - ALL UTILITIES 493,628 N/A 493,628 493,628
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 4,147,914 0 4,147,914 4,147,914
Less Total Deductions 0 0 0 0
Total Taxable Value 4,147,914 0 4,147,914 4,147,914

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
4,147,914 4,147,914 4,147,914 4,147,914


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
4,147,914 4,147,914 4,147,914 4,147,914

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

083-902-02/Loop ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 725,670 N/A 725,670 725,670
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 249,619 N/A 249,619 249,619
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,971,941 1.1470 8,693,853 9,971,941
D2 - FARM & RANCH IMP 584,148 N/A 584,148 584,148
E - NON-AG LAND AND IMPROVEMENTS 23,798,242 1.0728 22,182,537 23,798,242
F1 - COMMERCIAL REAL 252,760 N/A 252,760 252,760
F2 - INDUSTRIAL REAL 3,823,360 N/A 3,823,360 3,823,360
G - ALL MINERALS 90,749,639 0.9363 96,920,771 90,749,639
J - ALL UTILITIES 13,962,188 0.8577 16,277,713 13,962,188
L1 - COMMERCIAL PERSONAL 182,640 N/A 182,640 182,640
L2 - INDUSTRIAL PERSONAL 12,079,360 N/A 12,079,360 12,079,360
M1 - MOBILE HOMES 750,280 N/A 750,280 750,280
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 157,129,847 162,722,711 157,129,847
Less Total Deductions 7,369,797 7,369,797 7,369,797
Total Taxable Value 149,760,050 155,352,914 149,760,050

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
150,581,504 149,760,050 149,369,558 148,548,104


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
821,454 1,211,946


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
150,581,504 149,760,050 149,369,558 148,548,104

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