taxes Property Tax Assistance

2022 ISD Summary Worksheet

Springlake-Earth ISD (all splits)   Castro County   Lamb County  

035-Castro/Castro County

140-907/Springlake-Earth ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 540,690 N/A 540,690 540,690
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 10,761,094 2.7306 3,940,935 10,761,094
D2 - FARM & RANCH IMP 579,790 0.9876 587,070 579,790
E - NON-AG LAND AND IMPROVEMENTS 2,833,590 0.8408 3,370,112 2,833,590
F1 - COMMERCIAL REAL 92,510 N/A 92,510 92,510
F2 - INDUSTRIAL REAL 12,246,530 N/A 12,246,530 12,246,530
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 3,832,900 N/A 3,832,900 3,832,900
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 580,360 N/A 580,360 580,360
M1 - MOBILE HOMES 95,900 N/A 95,900 95,900
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 31,563,364 0 25,287,007 31,563,364
Less Total Deductions 612,491 0 612,491 612,491
Total Taxable Value 30,950,873 0 24,674,516 30,950,873

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's office 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 school 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

Measure Value Description
T1 31,104,523 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 30,950,873 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 31,104,523 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 30,950,873 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 31,234,523 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 31,104,523 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 30,950,873 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 31,104,523 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 30,950,873 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 31,234,523 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 153,650 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 130,000 Loss to the second most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE.


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140-Lamb/Lamb County

140-907/Springlake-Earth ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 23,175,898 0.7975 29,060,687 23,175,898
B - MULTIFAMILY 25,460 N/A 25,460 25,460
C1 - VACANT LOTS 241,730 N/A 241,730 241,730
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,897,114 1.6541 7,192,617 11,897,114
D2 - FARM & RANCH IMP 1,124,580 N/A 1,124,580 1,124,580
E - NON-AG LAND AND IMPROVEMENTS 12,374,671 0.9416 13,142,174 12,374,671
F1 - COMMERCIAL REAL 2,429,240 N/A 2,429,240 2,429,240
F2 - INDUSTRIAL REAL 1,599,000 N/A 1,599,000 1,599,000
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 11,100,020 N/A 11,100,020 11,100,020
L1 - COMMERCIAL PERSONAL 1,676,970 N/A 1,676,970 1,676,970
L2 - INDUSTRIAL PERSONAL 4,242,480 N/A 4,242,480 4,242,480
M1 - MOBILE HOMES 314,280 N/A 314,280 314,280
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 70,201,443 0 72,149,238 70,201,443
Less Total Deductions 12,694,253 0 14,939,977 12,694,253
Total Taxable Value 57,507,190 0 57,209,261 57,507,190

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's office 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 school 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

Measure Value Description
T1 59,398,522 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 57,507,190 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 59,398,522 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 57,507,190 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 62,388,522 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 59,398,522 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 57,507,190 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 59,398,522 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 57,507,190 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 62,388,522 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,891,332 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 2,990,000 Loss to the second most recent increase in the state-mandated homestead exemption

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


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140-907-02/Springlake-Earth ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 23,716,588 0.8012 29,601,377 23,716,588
B - MULTIFAMILY 25,460 N/A 25,460 25,460
C1 - VACANT LOTS 241,730 N/A 241,730 241,730
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 22,658,208 2.0351 11,133,552 22,658,208
D2 - FARM & RANCH IMP 1,704,370 0.9957 1,711,650 1,704,370
E - NON-AG LAND AND IMPROVEMENTS 15,208,261 0.9210 16,512,286 15,208,261
F1 - COMMERCIAL REAL 2,521,750 N/A 2,521,750 2,521,750
F2 - INDUSTRIAL REAL 13,845,530 N/A 13,845,530 13,845,530
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 14,932,920 N/A 14,932,920 14,932,920
L1 - COMMERCIAL PERSONAL 1,676,970 N/A 1,676,970 1,676,970
L2 - INDUSTRIAL PERSONAL 4,822,840 N/A 4,822,840 4,822,840
M1 - MOBILE HOMES 410,180 N/A 410,180 410,180
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 101,764,807 97,436,245 101,764,807
Less Total Deductions 13,306,744 15,552,468 13,306,744
Total Taxable Value 88,458,063 81,883,777 88,458,063

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's office 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 school 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

Measure Value Description
T1 90,503,045 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 88,458,063 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 90,503,045 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 88,458,063 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 93,623,045 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 90,503,045 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 88,458,063 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 90,503,045 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 88,458,063 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 93,623,045 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,044,982 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 3,120,000 Loss to the second most recent increase in the state-mandated homestead exemption

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