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