taxes Property Tax Assistance

2022 ISD Summary Worksheet

150-Llano/Llano County

150-901/Llano ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	5,341,184,464	0.9278	5,756,827,402	5,341,184,464
B - MULTIFAMILY	130,812,446	N/A	130,812,446	130,812,446
C1 - VACANT LOTS	526,512,926	1.0115	520,526,867	526,512,926
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	39,623,998	0.9931	39,900,059	39,623,998
D2 - FARM & RANCH IMP	29,627,855	N/A	29,627,855	29,627,855
E - NON-AG LAND AND IMPROVEMENTS	397,646,892	0.9259	429,470,669	397,646,892
F1 - COMMERCIAL REAL	233,585,178	N/A	233,585,178	233,585,178
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	254,041	N/A	254,041	254,041
J - ALL UTILITIES	51,618,700	N/A	51,618,700	51,618,700
L1 - COMMERCIAL PERSONAL	50,905,870	N/A	50,905,870	50,905,870
L2 - INDUSTRIAL PERSONAL	6,261,470	N/A	6,261,470	6,261,470
M1 - MOBILE HOMES	11,088,434	N/A	11,088,434	11,088,434
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	24,286,018	N/A	24,286,018	24,286,018
S - SPECIAL INVENTORY	1,107,360	N/A	1,107,360	1,107,360
Subtotal	6,844,515,652	0	7,286,272,369	6,844,515,652
Less Total Deductions	960,093,256	0	1,097,005,519	960,093,256
Total Taxable Value	5,884,422,396	0	6,189,266,850	5,884,422,396

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
5,960,867,776	5,884,422,396	5,847,476,358	5,771,030,978	6,024,087,776

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
76,445,380	113,391,418	63,220,000

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
5,960,867,776	5,884,422,396	5,847,476,358	5,771,030,978	6,024,087,776

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

150-901-02/Llano ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	5,341,184,464	0.9278	5,756,827,402	5,341,184,464
B - MULTIFAMILY	130,812,446	N/A	130,812,446	130,812,446
C1 - VACANT LOTS	526,512,926	1.0115	520,526,867	526,512,926
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	39,623,998	0.9931	39,900,059	39,623,998
D2 - FARM & RANCH IMP	29,627,855	N/A	29,627,855	29,627,855
E - NON-AG LAND AND IMPROVEMENTS	397,646,892	0.9259	429,470,669	397,646,892
F1 - COMMERCIAL REAL	233,585,178	N/A	233,585,178	233,585,178
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	254,041	N/A	254,041	254,041
J - ALL UTILITIES	51,618,700	N/A	51,618,700	51,618,700
L1 - COMMERCIAL PERSONAL	50,905,870	N/A	50,905,870	50,905,870
L2 - INDUSTRIAL PERSONAL	6,261,470	N/A	6,261,470	6,261,470
M1 - MOBILE HOMES	11,088,434	N/A	11,088,434	11,088,434
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	24,286,018	N/A	24,286,018	24,286,018
S - SPECIAL INVENTORY	1,107,360	N/A	1,107,360	1,107,360
Subtotal	6,844,515,652		7,286,272,369	6,844,515,652
Less Total Deductions	960,093,256		1,097,005,519	960,093,256
Total Taxable Value	5,884,422,396		6,189,266,850	5,884,422,396

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
5,960,867,776	5,884,422,396	5,847,476,358	5,771,030,978	6,024,087,776

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
76,445,380	113,391,418	63,220,000

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
5,960,867,776	5,884,422,396	5,847,476,358	5,771,030,978	6,024,087,776

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