taxes Property Tax Assistance

2022 ISD Summary Worksheet

095-Hale/Hale County

140-905/Olton ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
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 4,984,914 1.5896 3,135,901 4,984,914
D2 - FARM & RANCH IMP 545,168 N/A 545,168 545,168
E - NON-AG LAND AND IMPROVEMENTS 7,265,658 0.8604 8,444,512 7,265,658
F1 - COMMERCIAL REAL 61,861 N/A 61,861 61,861
F2 - INDUSTRIAL REAL 190,408 N/A 190,408 190,408
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 9,538,180 0.8911 10,703,827 9,538,180
L1 - COMMERCIAL PERSONAL 453,133 N/A 453,133 453,133
L2 - INDUSTRIAL PERSONAL 302,084 N/A 302,084 302,084
M1 - MOBILE HOMES 0 N/A 0 0
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 23,341,406 0 23,836,894 23,341,406
Less Total Deductions 2,348,242 0 2,348,242 2,348,242
Total Taxable Value 20,993,164 0 21,488,652 20,993,164

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
21,467,017 20,993,164 21,467,017 20,993,164 21,827,017


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
473,853 0 360,000


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
21,467,017 20,993,164 21,467,017 20,993,164 21,827,017

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

140-Lamb/Lamb County

140-905/Olton ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 45,799,750 0.8713 52,564,846 45,799,750
B - MULTIFAMILY 139,420 N/A 139,420 139,420
C1 - VACANT LOTS 385,820 N/A 385,820 385,820
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 23,028,248 1.6260 14,162,339 23,028,248
D2 - FARM & RANCH IMP 2,444,801 N/A 2,444,801 2,444,801
E - NON-AG LAND AND IMPROVEMENTS 23,608,680 0.8082 29,211,433 23,608,680
F1 - COMMERCIAL REAL 5,033,710 N/A 5,033,710 5,033,710
F2 - INDUSTRIAL REAL 9,943,750 N/A 9,943,750 9,943,750
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 19,491,520 N/A 19,491,520 19,491,520
L1 - COMMERCIAL PERSONAL 7,836,520 0.9962 7,866,412 7,836,520
L2 - INDUSTRIAL PERSONAL 2,764,780 N/A 2,764,780 2,764,780
M1 - MOBILE HOMES 1,602,400 N/A 1,602,400 1,602,400
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 818,080 N/A 818,080 818,080
Subtotal 142,897,479 0 146,429,311 142,897,479
Less Total Deductions 21,265,646 0 23,544,574 21,265,646
Total Taxable Value 121,631,833 0 122,884,737 121,631,833

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
124,407,482 121,631,833 124,407,482 121,631,833 129,557,482


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
2,775,649 0 5,150,000


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
124,407,482 121,631,833 124,407,482 121,631,833 129,557,482

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

140-905-02/Olton ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 45,799,750 0.8713 52,564,846 45,799,750
B - MULTIFAMILY 139,420 N/A 139,420 139,420
C1 - VACANT LOTS 385,820 N/A 385,820 385,820
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 28,013,162 1.6194 17,298,240 28,013,162
D2 - FARM & RANCH IMP 2,989,969 N/A 2,989,969 2,989,969
E - NON-AG LAND AND IMPROVEMENTS 30,874,338 0.8199 37,655,945 30,874,338
F1 - COMMERCIAL REAL 5,095,571 N/A 5,095,571 5,095,571
F2 - INDUSTRIAL REAL 10,134,158 N/A 10,134,158 10,134,158
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 29,029,700 0.9614 30,195,347 29,029,700
L1 - COMMERCIAL PERSONAL 8,289,653 0.9964 8,319,545 8,289,653
L2 - INDUSTRIAL PERSONAL 3,066,864 N/A 3,066,864 3,066,864
M1 - MOBILE HOMES 1,602,400 N/A 1,602,400 1,602,400
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 818,080 N/A 818,080 818,080
Subtotal 166,238,885 170,266,205 166,238,885
Less Total Deductions 23,613,888 25,892,816 23,613,888
Total Taxable Value 142,624,997 144,373,389 142,624,997

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
145,874,499 142,624,997 145,874,499 142,624,997 151,384,499


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
3,249,502 0 5,510,000


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
145,874,499 142,624,997 145,874,499 142,624,997 151,384,499

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