taxes Property Tax Assistance

2022 ISD Summary Worksheet

Lasara ISD (all splits)   Willacy County  

245-Willacy/Willacy County

245-901/Lasara ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 20,597,867 0.7610 27,066,842 27,066,842
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,529,253 N/A 1,529,253 1,529,253
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,215,994 0.9467 8,678,459 8,678,459
D2 - FARM & RANCH IMP 558,068 N/A 558,068 558,068
E - NON-AG LAND AND IMPROVEMENTS 10,135,082 0.7845 12,919,161 12,919,161
F1 - COMMERCIAL REAL 1,320,909 N/A 1,320,909 1,320,909
F2 - INDUSTRIAL REAL 8,500 N/A 8,500 8,500
G - ALL MINERALS 6,213,450 N/A 6,213,450 6,213,450
J - ALL UTILITIES 4,326,850 0.9897 4,371,880 4,371,880
L1 - COMMERCIAL PERSONAL 231,791 N/A 231,791 231,791
L2 - INDUSTRIAL PERSONAL 903,340 N/A 903,340 903,340
M1 - MOBILE HOMES 165,031 N/A 165,031 165,031
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 54,206,135 0 63,966,684 63,966,684
Less Total Deductions 11,010,867 0 13,011,142 13,011,142
Total Taxable Value 43,195,268 0 50,955,542 50,955,542

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 53,484,234 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 50,866,763 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 53,484,234 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 50,866,763 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 56,264,234 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 53,484,234 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 50,866,763 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 53,484,234 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 50,866,763 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 56,264,234 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 2,617,471 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 2,780,000 Loss to the second most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW).


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245-901-02/Lasara ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 20,597,867 0.7610 27,066,842 27,066,842
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,529,253 N/A 1,529,253 1,529,253
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,215,994 0.9467 8,678,459 8,678,459
D2 - FARM & RANCH IMP 558,068 N/A 558,068 558,068
E - NON-AG LAND AND IMPROVEMENTS 10,135,082 0.7845 12,919,161 12,919,161
F1 - COMMERCIAL REAL 1,320,909 N/A 1,320,909 1,320,909
F2 - INDUSTRIAL REAL 8,500 N/A 8,500 8,500
G - ALL MINERALS 6,213,450 N/A 6,213,450 6,213,450
J - ALL UTILITIES 4,326,850 0.9897 4,371,880 4,371,880
L1 - COMMERCIAL PERSONAL 231,791 N/A 231,791 231,791
L2 - INDUSTRIAL PERSONAL 903,340 N/A 903,340 903,340
M1 - MOBILE HOMES 165,031 N/A 165,031 165,031
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 54,206,135 63,966,684 63,966,684
Less Total Deductions 11,010,867 13,011,142 13,011,142
Total Taxable Value 43,195,268 50,955,542 50,955,542

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 53,484,234 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 50,866,763 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 53,484,234 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 50,866,763 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 56,264,234 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 53,484,234 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 50,866,763 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 53,484,234 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 50,866,763 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 56,264,234 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 2,617,471 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 2,780,000 Loss to the second most recent increase in the state-mandated homestead exemption

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