taxes Property Tax Assistance

2022 ISD Summary Worksheet

140-Lamb/Lamb County

140-901/Amherst ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 11,568,040 0.7863 14,711,993 11,568,040
B - MULTIFAMILY 62,082 N/A 62,082 62,082
C1 - VACANT LOTS 124,430 N/A 124,430 124,430
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,757,630 1.7368 4,466,555 7,757,630
D2 - FARM & RANCH IMP 1,213,300 N/A 1,213,300 1,213,300
E - NON-AG LAND AND IMPROVEMENTS 8,257,640 0.8786 9,398,634 8,257,640
F1 - COMMERCIAL REAL 964,600 N/A 964,600 964,600
F2 - INDUSTRIAL REAL 11,034,690 N/A 11,034,690 11,034,690
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 14,193,800 0.9053 15,678,560 14,193,800
L1 - COMMERCIAL PERSONAL 1,240,580 N/A 1,240,580 1,240,580
L2 - INDUSTRIAL PERSONAL 2,051,660 N/A 2,051,660 2,051,660
M1 - MOBILE HOMES 1,309,430 N/A 1,309,430 1,309,430
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 59,777,882 0 62,256,514 59,777,882
Less Total Deductions 7,192,296 0 8,520,630 7,192,296
Total Taxable Value 52,585,586 0 53,735,884 52,585,586

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
53,474,512 52,585,586 53,474,512 52,585,586 55,284,512


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
888,926 0 1,810,000


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
53,474,512 52,585,586 53,474,512 52,585,586 55,284,512

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

140-901-02/Amherst ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 11,568,040 0.7863 14,711,993 11,568,040
B - MULTIFAMILY 62,082 N/A 62,082 62,082
C1 - VACANT LOTS 124,430 N/A 124,430 124,430
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,757,630 1.7368 4,466,555 7,757,630
D2 - FARM & RANCH IMP 1,213,300 N/A 1,213,300 1,213,300
E - NON-AG LAND AND IMPROVEMENTS 8,257,640 0.8786 9,398,634 8,257,640
F1 - COMMERCIAL REAL 964,600 N/A 964,600 964,600
F2 - INDUSTRIAL REAL 11,034,690 N/A 11,034,690 11,034,690
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 14,193,800 0.9053 15,678,560 14,193,800
L1 - COMMERCIAL PERSONAL 1,240,580 N/A 1,240,580 1,240,580
L2 - INDUSTRIAL PERSONAL 2,051,660 N/A 2,051,660 2,051,660
M1 - MOBILE HOMES 1,309,430 N/A 1,309,430 1,309,430
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 59,777,882 62,256,514 59,777,882
Less Total Deductions 7,192,296 8,520,630 7,192,296
Total Taxable Value 52,585,586 53,735,884 52,585,586

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
53,474,512 52,585,586 53,474,512 52,585,586 55,284,512


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
888,926 0 1,810,000


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
53,474,512 52,585,586 53,474,512 52,585,586 55,284,512

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