taxes Property Tax Assistance

2022 ISD Summary Worksheet

La Vega ISD (all splits)   McLennan County  

161-McLennan/McLennan County

161-906/La Vega ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 559,202,781 0.9323 599,809,912 559,202,781
B - MULTIFAMILY 35,116,398 N/A 35,116,398 35,116,398
C1 - VACANT LOTS 21,745,946 N/A 21,745,946 21,745,946
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,502,630 1.0797 1,391,657 1,502,630
D2 - FARM & RANCH IMP 1,253,863 N/A 1,253,863 1,253,863
E - NON-AG LAND AND IMPROVEMENTS 37,575,957 N/A 37,575,957 37,575,957
F1 - COMMERCIAL REAL 333,943,792 1.0606 314,863,089 333,943,792
F2 - INDUSTRIAL REAL 137,914,191 N/A 137,914,191 137,914,191
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 49,735,335 N/A 49,735,335 49,735,335
L1 - COMMERCIAL PERSONAL 182,395,610 1.0082 180,912,131 182,395,610
L2 - INDUSTRIAL PERSONAL 82,085,540 N/A 82,085,540 82,085,540
M1 - MOBILE HOMES 8,247,987 N/A 8,247,987 8,247,987
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,976,460 N/A 3,976,460 3,976,460
S - SPECIAL INVENTORY 861,180 N/A 861,180 861,180
Subtotal 1,455,557,670 0 1,475,489,646 1,455,557,670
Less Total Deductions 235,430,903 0 249,572,971 235,430,903
Total Taxable Value 1,220,126,767 0 1,225,916,675 1,220,126,767

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 1,248,971,621 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,220,126,767 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,248,971,621 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,220,126,767 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,270,681,621 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 1,248,971,621 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,220,126,767 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,248,971,621 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,220,126,767 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,270,681,621 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 28,844,854 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 21,710,000 Loss to the second most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


Back to top


161-906-02/La Vega ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 559,202,781 0.9323 599,809,912 559,202,781
B - MULTIFAMILY 35,116,398 N/A 35,116,398 35,116,398
C1 - VACANT LOTS 21,745,946 N/A 21,745,946 21,745,946
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,502,630 1.0797 1,391,657 1,502,630
D2 - FARM & RANCH IMP 1,253,863 N/A 1,253,863 1,253,863
E - NON-AG LAND AND IMPROVEMENTS 37,575,957 N/A 37,575,957 37,575,957
F1 - COMMERCIAL REAL 333,943,792 1.0606 314,863,089 333,943,792
F2 - INDUSTRIAL REAL 137,914,191 N/A 137,914,191 137,914,191
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 49,735,335 N/A 49,735,335 49,735,335
L1 - COMMERCIAL PERSONAL 182,395,610 1.0082 180,912,131 182,395,610
L2 - INDUSTRIAL PERSONAL 82,085,540 N/A 82,085,540 82,085,540
M1 - MOBILE HOMES 8,247,987 N/A 8,247,987 8,247,987
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,976,460 N/A 3,976,460 3,976,460
S - SPECIAL INVENTORY 861,180 N/A 861,180 861,180
Subtotal 1,455,557,670 1,475,489,646 1,455,557,670
Less Total Deductions 235,430,903 249,572,971 235,430,903
Total Taxable Value 1,220,126,767 1,225,916,675 1,220,126,767

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 1,248,971,621 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,220,126,767 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,248,971,621 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,220,126,767 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,270,681,621 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 1,248,971,621 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,220,126,767 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,248,971,621 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,220,126,767 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,270,681,621 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 28,844,854 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 21,710,000 Loss to the second most recent increase in the state-mandated homestead exemption

Back to top