taxes Property Tax Assistance

2022 ISD Summary Worksheet

Lefors ISD (all splits)   Gray County  

090-Gray/Gray County

090-902/Lefors ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 7,505,740 0.7187 10,443,495 7,505,740
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 315,970 N/A 315,970 315,970
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,274,386 1.2320 2,657,775 3,274,386
D2 - FARM & RANCH IMP 169,930 N/A 169,930 169,930
E - NON-AG LAND AND IMPROVEMENTS 6,006,900 0.9334 6,435,505 6,006,900
F1 - COMMERCIAL REAL 300,480 N/A 300,480 300,480
F2 - INDUSTRIAL REAL 156,460 N/A 156,460 156,460
G - ALL MINERALS 39,320,250 1.0420 37,735,365 39,320,250
J - ALL UTILITIES 50,187,590 0.7961 63,041,816 50,187,590
L1 - COMMERCIAL PERSONAL 833,210 N/A 833,210 833,210
L2 - INDUSTRIAL PERSONAL 2,174,660 N/A 2,174,660 2,174,660
M1 - MOBILE HOMES 417,000 N/A 417,000 417,000
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 110,662,576 0 124,681,666 110,662,576
Less Total Deductions 5,425,894 0 6,472,199 5,425,894
Total Taxable Value 105,236,682 0 118,209,467 105,236,682

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 105,689,692 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 105,236,682 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 105,689,692 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 105,236,682 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 107,059,692 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 105,689,692 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 105,236,682 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 105,689,692 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 105,236,682 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 107,059,692 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 453,010 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 1,370,000 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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090-902-02/Lefors ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 7,505,740 0.7187 10,443,495 7,505,740
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 315,970 N/A 315,970 315,970
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,274,386 1.2320 2,657,775 3,274,386
D2 - FARM & RANCH IMP 169,930 N/A 169,930 169,930
E - NON-AG LAND AND IMPROVEMENTS 6,006,900 0.9334 6,435,505 6,006,900
F1 - COMMERCIAL REAL 300,480 N/A 300,480 300,480
F2 - INDUSTRIAL REAL 156,460 N/A 156,460 156,460
G - ALL MINERALS 39,320,250 1.0420 37,735,365 39,320,250
J - ALL UTILITIES 50,187,590 0.7961 63,041,816 50,187,590
L1 - COMMERCIAL PERSONAL 833,210 N/A 833,210 833,210
L2 - INDUSTRIAL PERSONAL 2,174,660 N/A 2,174,660 2,174,660
M1 - MOBILE HOMES 417,000 N/A 417,000 417,000
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 110,662,576 124,681,666 110,662,576
Less Total Deductions 5,425,894 6,472,199 5,425,894
Total Taxable Value 105,236,682 118,209,467 105,236,682

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 105,689,692 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 105,236,682 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 105,689,692 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 105,236,682 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 107,059,692 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 105,689,692 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 105,236,682 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 105,689,692 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 105,236,682 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 107,059,692 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 453,010 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 1,370,000 Loss to the second most recent increase in the state-mandated homestead exemption

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