taxes Property Tax Assistance

2022 ISD Summary Worksheet

035-Castro/Castro County

035-903/Nazareth ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 30,408,660 N/A 30,408,660 30,408,660
B - MULTIFAMILY 786,080 N/A 786,080 786,080
C1 - VACANT LOTS 182,860 N/A 182,860 182,860
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,574,423 N/A 12,574,423 12,574,423
D2 - FARM & RANCH IMP 1,422,860 N/A 1,422,860 1,422,860
E - NON-AG LAND AND IMPROVEMENTS 10,932,040 N/A 10,932,040 10,932,040
F1 - COMMERCIAL REAL 1,428,920 N/A 1,428,920 1,428,920
F2 - INDUSTRIAL REAL 876,360 N/A 876,360 876,360
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 31,017,390 N/A 31,017,390 31,017,390
L1 - COMMERCIAL PERSONAL 1,964,560 N/A 1,964,560 1,964,560
L2 - INDUSTRIAL PERSONAL 43,300 N/A 43,300 43,300
M1 - MOBILE HOMES 322,330 N/A 322,330 322,330
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 91,959,783 0 91,959,783 91,959,783
Less Total Deductions 10,056,834 0 10,056,834 10,056,834
Total Taxable Value 81,902,949 0 81,902,949 81,902,949

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
84,534,229 81,902,949 84,534,229 81,902,949 86,474,229


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
2,631,280 0 1,940,000


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
84,534,229 81,902,949 84,534,229 81,902,949 86,474,229

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

035-903-02/Nazareth ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 30,408,660 N/A 30,408,660 30,408,660
B - MULTIFAMILY 786,080 N/A 786,080 786,080
C1 - VACANT LOTS 182,860 N/A 182,860 182,860
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,574,423 N/A 12,574,423 12,574,423
D2 - FARM & RANCH IMP 1,422,860 N/A 1,422,860 1,422,860
E - NON-AG LAND AND IMPROVEMENTS 10,932,040 N/A 10,932,040 10,932,040
F1 - COMMERCIAL REAL 1,428,920 N/A 1,428,920 1,428,920
F2 - INDUSTRIAL REAL 876,360 N/A 876,360 876,360
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 31,017,390 N/A 31,017,390 31,017,390
L1 - COMMERCIAL PERSONAL 1,964,560 N/A 1,964,560 1,964,560
L2 - INDUSTRIAL PERSONAL 43,300 N/A 43,300 43,300
M1 - MOBILE HOMES 322,330 N/A 322,330 322,330
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 91,959,783 91,959,783 91,959,783
Less Total Deductions 10,056,834 10,056,834 10,056,834
Total Taxable Value 81,902,949 81,902,949 81,902,949

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
84,534,229 81,902,949 84,534,229 81,902,949 86,474,229


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
2,631,280 0 1,940,000


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
84,534,229 81,902,949 84,534,229 81,902,949 86,474,229

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