taxes Property Tax Assistance

2022 ISD Summary Worksheet

035-Castro/Castro County

035-901/Dimmitt ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 84,743,110 0.8182 103,572,611 84,743,110
B - MULTIFAMILY 1,837,010 N/A 1,837,010 1,837,010
C1 - VACANT LOTS 561,520 N/A 561,520 561,520
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 62,907,712 1.6003 39,311,163 62,907,712
D2 - FARM & RANCH IMP 4,327,850 0.9235 4,686,356 4,327,850
E - NON-AG LAND AND IMPROVEMENTS 18,309,260 0.8444 21,683,160 18,309,260
F1 - COMMERCIAL REAL 15,361,430 0.9351 16,427,580 15,361,430
F2 - INDUSTRIAL REAL 540,331,780 N/A 540,331,780 540,331,780
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 37,838,320 0.8939 42,329,478 37,838,320
L1 - COMMERCIAL PERSONAL 19,212,080 1.0197 18,840,914 19,212,080
L2 - INDUSTRIAL PERSONAL 27,123,970 N/A 27,123,970 27,123,970
M1 - MOBILE HOMES 1,088,580 N/A 1,088,580 1,088,580
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,871,450 N/A 1,871,450 1,871,450
Subtotal 815,514,072 0 819,665,572 815,514,072
Less Total Deductions 427,136,111 0 429,675,574 427,136,111
Total Taxable Value 388,377,961 0 389,989,998 388,377,961

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 T13
396,309,611 388,377,961 396,309,611 388,377,961 405,049,611


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
7,931,650 0 8,740,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
788,106,691 780,175,041 788,106,691 780,175,041 796,846,691

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

035-901-02/Dimmitt ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 84,743,110 0.8182 103,572,611 84,743,110
B - MULTIFAMILY 1,837,010 N/A 1,837,010 1,837,010
C1 - VACANT LOTS 561,520 N/A 561,520 561,520
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 62,907,712 1.6003 39,311,163 62,907,712
D2 - FARM & RANCH IMP 4,327,850 0.9235 4,686,356 4,327,850
E - NON-AG LAND AND IMPROVEMENTS 18,309,260 0.8444 21,683,160 18,309,260
F1 - COMMERCIAL REAL 15,361,430 0.9351 16,427,580 15,361,430
F2 - INDUSTRIAL REAL 540,331,780 N/A 540,331,780 540,331,780
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 37,838,320 0.8939 42,329,478 37,838,320
L1 - COMMERCIAL PERSONAL 19,212,080 1.0197 18,840,914 19,212,080
L2 - INDUSTRIAL PERSONAL 27,123,970 N/A 27,123,970 27,123,970
M1 - MOBILE HOMES 1,088,580 N/A 1,088,580 1,088,580
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,871,450 N/A 1,871,450 1,871,450
Subtotal 815,514,072 819,665,572 815,514,072
Less Total Deductions 427,136,111 429,675,574 427,136,111
Total Taxable Value 388,377,961 389,989,998 388,377,961

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 T13
396,309,611 388,377,961 396,309,611 388,377,961 405,049,611


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
7,931,650 0 8,740,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
788,106,691 780,175,041 788,106,691 780,175,041 796,846,691

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement