taxes Property Tax Assistance

2022 ISD Summary Worksheet

148-Lipscomb/Lipscomb County

148-905/Darrouzett ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 5,901,810 0.7317 8,065,888 5,901,810
B - MULTIFAMILY 117,450 N/A 117,450 117,450
C1 - VACANT LOTS 48,490 N/A 48,490 48,490
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,681,860 1.2781 5,228,158 6,681,860
D2 - FARM & RANCH IMP 870,040 N/A 870,040 870,040
E - NON-AG LAND AND IMPROVEMENTS 3,018,830 0.7680 3,930,768 3,018,830
F1 - COMMERCIAL REAL 643,090 N/A 643,090 643,090
F2 - INDUSTRIAL REAL 340,030 N/A 340,030 340,030
G - ALL MINERALS 36,947,375 1.0155 36,383,432 36,947,375
J - ALL UTILITIES 11,672,720 N/A 11,672,720 11,672,720
L1 - COMMERCIAL PERSONAL 2,630,125 1.0006 2,628,548 2,630,125
L2 - INDUSTRIAL PERSONAL 705,100 N/A 705,100 705,100
M1 - MOBILE HOMES 117,400 N/A 117,400 117,400
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 69,694,320 0 70,751,114 69,694,320
Less Total Deductions 4,572,973 0 5,699,809 4,572,973
Total Taxable Value 65,121,347 0 65,051,305 65,121,347

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
66,138,636 65,121,347 66,138,636 65,121,347 67,328,636


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
1,017,289 0 1,190,000


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
66,138,636 65,121,347 66,138,636 65,121,347 67,328,636

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

148-905-02/Darrouzett ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 5,901,810 0.7317 8,065,888 5,901,810
B - MULTIFAMILY 117,450 N/A 117,450 117,450
C1 - VACANT LOTS 48,490 N/A 48,490 48,490
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,681,860 1.2781 5,228,158 6,681,860
D2 - FARM & RANCH IMP 870,040 N/A 870,040 870,040
E - NON-AG LAND AND IMPROVEMENTS 3,018,830 0.7680 3,930,768 3,018,830
F1 - COMMERCIAL REAL 643,090 N/A 643,090 643,090
F2 - INDUSTRIAL REAL 340,030 N/A 340,030 340,030
G - ALL MINERALS 36,947,375 1.0155 36,383,432 36,947,375
J - ALL UTILITIES 11,672,720 N/A 11,672,720 11,672,720
L1 - COMMERCIAL PERSONAL 2,630,125 1.0006 2,628,548 2,630,125
L2 - INDUSTRIAL PERSONAL 705,100 N/A 705,100 705,100
M1 - MOBILE HOMES 117,400 N/A 117,400 117,400
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 69,694,320 70,751,114 69,694,320
Less Total Deductions 4,572,973 5,699,809 4,572,973
Total Taxable Value 65,121,347 65,051,305 65,121,347

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
66,138,636 65,121,347 66,138,636 65,121,347 67,328,636


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
1,017,289 0 1,190,000


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
66,138,636 65,121,347 66,138,636 65,121,347 67,328,636

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