taxes Property Tax Assistance

2022 ISD Summary Worksheet

Latexo ISD (all splits)   Houston County  

113-Houston/Houston County

113-905/Latexo ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 93,581,920 0.8131 115,092,756 115,092,756
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 3,657,270 N/A 3,657,270 3,657,270
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,661,895 0.9988 8,672,155 8,672,155
D2 - FARM & RANCH IMP 4,965,040 N/A 4,965,040 4,965,040
E - NON-AG LAND AND IMPROVEMENTS 56,358,350 0.7885 71,475,396 71,475,396
F1 - COMMERCIAL REAL 4,838,800 N/A 4,838,800 4,838,800
F2 - INDUSTRIAL REAL 2,873,970 N/A 2,873,970 2,873,970
G - ALL MINERALS 68,340 N/A 68,340 68,340
J - ALL UTILITIES 69,271,880 0.9380 73,850,618 73,850,618
L1 - COMMERCIAL PERSONAL 1,915,240 N/A 1,915,240 1,915,240
L2 - INDUSTRIAL PERSONAL 23,608,630 N/A 23,608,630 23,608,630
M1 - MOBILE HOMES 5,573,200 N/A 5,573,200 5,573,200
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 11,940 N/A 11,940 11,940
Subtotal 275,386,475 0 316,603,355 316,603,355
Less Total Deductions 39,285,596 0 46,368,079 46,368,079
Total Taxable Value 236,100,879 0 270,235,276 270,235,276

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 278,581,842 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 270,235,276 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 278,581,842 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 270,235,276 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 285,561,842 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 278,581,842 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 270,235,276 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 278,581,842 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 270,235,276 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 285,561,842 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 8,346,566 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 6,980,000 Loss to the second most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW).


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113-905-02/Latexo ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 93,581,920 0.8131 115,092,756 115,092,756
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 3,657,270 N/A 3,657,270 3,657,270
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,661,895 0.9988 8,672,155 8,672,155
D2 - FARM & RANCH IMP 4,965,040 N/A 4,965,040 4,965,040
E - NON-AG LAND AND IMPROVEMENTS 56,358,350 0.7885 71,475,396 71,475,396
F1 - COMMERCIAL REAL 4,838,800 N/A 4,838,800 4,838,800
F2 - INDUSTRIAL REAL 2,873,970 N/A 2,873,970 2,873,970
G - ALL MINERALS 68,340 N/A 68,340 68,340
J - ALL UTILITIES 69,271,880 0.9380 73,850,618 73,850,618
L1 - COMMERCIAL PERSONAL 1,915,240 N/A 1,915,240 1,915,240
L2 - INDUSTRIAL PERSONAL 23,608,630 N/A 23,608,630 23,608,630
M1 - MOBILE HOMES 5,573,200 N/A 5,573,200 5,573,200
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 11,940 N/A 11,940 11,940
Subtotal 275,386,475 316,603,355 316,603,355
Less Total Deductions 39,285,596 46,368,079 46,368,079
Total Taxable Value 236,100,879 270,235,276 270,235,276

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 278,581,842 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 270,235,276 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 278,581,842 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 270,235,276 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 285,561,842 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 278,581,842 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 270,235,276 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 278,581,842 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 270,235,276 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 285,561,842 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 8,346,566 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 6,980,000 Loss to the second most recent increase in the state-mandated homestead exemption

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