taxes Property Tax Assistance

2022 ISD Summary Worksheet

Lazbuddie ISD (all splits)   Castro County   Parmer County  

035-Castro/Castro County

185-904/Lazbuddie ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,023,790 N/A 1,023,790 1,023,790
D2 - FARM & RANCH IMP 401,130 N/A 401,130 401,130
E - NON-AG LAND AND IMPROVEMENTS 358,330 N/A 358,330 358,330
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 175,240 N/A 175,240 175,240
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 0 N/A 0 0
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 1,958,490 0 1,958,490 1,958,490
Less Total Deductions 0 0 0 0
Total Taxable Value 1,958,490 0 1,958,490 1,958,490

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 1,958,490 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,958,490 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,958,490 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,958,490 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,958,490 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 1,958,490 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,958,490 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,958,490 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,958,490 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,958,490 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 0 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 0 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.


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185-Parmer/Parmer County

185-904/Lazbuddie ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 321,496 N/A 321,496 321,496
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 13,632 N/A 13,632 13,632
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,999,522 1.0593 13,215,510 13,999,522
D2 - FARM & RANCH IMP 4,049,949 N/A 4,049,949 4,049,949
E - NON-AG LAND AND IMPROVEMENTS 30,708,452 1.0510 29,218,318 30,708,452
F1 - COMMERCIAL REAL 527,242 N/A 527,242 527,242
F2 - INDUSTRIAL REAL 9,429,571 N/A 9,429,571 9,429,571
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 6,579,840 0.9446 6,965,742 6,579,840
L1 - COMMERCIAL PERSONAL 386,258 N/A 386,258 386,258
L2 - INDUSTRIAL PERSONAL 3,430,534 N/A 3,430,534 3,430,534
M1 - MOBILE HOMES 8,036 N/A 8,036 8,036
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 69,454,532 0 67,566,288 69,454,532
Less Total Deductions 8,989,934 0 8,989,934 8,989,934
Total Taxable Value 60,464,598 0 58,576,354 60,464,598

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 61,869,188 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 60,464,598 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 61,869,188 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 60,464,598 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 63,009,188 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 61,869,188 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 60,464,598 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 61,869,188 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 60,464,598 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 63,009,188 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 1,404,590 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 1,140,000 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.


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185-904-02/Lazbuddie ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 321,496 N/A 321,496 321,496
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 13,632 N/A 13,632 13,632
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,023,312 1.0551 14,239,300 15,023,312
D2 - FARM & RANCH IMP 4,451,079 N/A 4,451,079 4,451,079
E - NON-AG LAND AND IMPROVEMENTS 31,066,782 1.0504 29,576,648 31,066,782
F1 - COMMERCIAL REAL 527,242 N/A 527,242 527,242
F2 - INDUSTRIAL REAL 9,429,571 N/A 9,429,571 9,429,571
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 6,755,080 0.9460 7,140,982 6,755,080
L1 - COMMERCIAL PERSONAL 386,258 N/A 386,258 386,258
L2 - INDUSTRIAL PERSONAL 3,430,534 N/A 3,430,534 3,430,534
M1 - MOBILE HOMES 8,036 N/A 8,036 8,036
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 71,413,022 69,524,778 71,413,022
Less Total Deductions 8,989,934 8,989,934 8,989,934
Total Taxable Value 62,423,088 60,534,844 62,423,088

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 63,827,678 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 62,423,088 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 63,827,678 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 62,423,088 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 64,967,678 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 63,827,678 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 62,423,088 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 63,827,678 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 62,423,088 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 64,967,678 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 1,404,590 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 1,140,000 Loss to the second most recent increase in the state-mandated homestead exemption

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