taxes Property Tax Assistance

2022 ISD Summary Worksheet

035-Castro /Castro County

035-901/Dimmitt ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	84,743,110	0.8182	103,572,611	84,743,110
B - MULTIFAMILY	1,837,010	N/A	1,837,010	1,837,010
C1 - VACANT LOTS	561,520	N/A	561,520	561,520
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	62,907,712	1.6003	39,311,163	62,907,712
D2 - FARM & RANCH IMP	4,327,850	0.9235	4,686,356	4,327,850
E - NON-AG LAND AND IMPROVEMENTS	18,309,260	0.8444	21,683,160	18,309,260
F1 - COMMERCIAL REAL	15,361,430	0.9351	16,427,580	15,361,430
F2 - INDUSTRIAL REAL	540,331,780	N/A	540,331,780	540,331,780
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	37,838,320	0.8939	42,329,478	37,838,320
L1 - COMMERCIAL PERSONAL	19,212,080	1.0197	18,840,914	19,212,080
L2 - INDUSTRIAL PERSONAL	27,123,970	N/A	27,123,970	27,123,970
M1 - MOBILE HOMES	1,088,580	N/A	1,088,580	1,088,580
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	1,871,450	N/A	1,871,450	1,871,450
Subtotal	815,514,072	0	819,665,572	815,514,072
Less Total Deductions	427,136,111	0	429,675,574	427,136,111
Total Taxable Value	388,377,961	0	389,989,998	388,377,961

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
396,309,611	388,377,961	396,309,611	388,377,961	405,049,611

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
7,931,650	0	8,740,000

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
788,106,691	780,175,041	788,106,691	780,175,041	796,846,691

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

035-901-02/Dimmitt ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	84,743,110	0.8182	103,572,611	84,743,110
B - MULTIFAMILY	1,837,010	N/A	1,837,010	1,837,010
C1 - VACANT LOTS	561,520	N/A	561,520	561,520
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	62,907,712	1.6003	39,311,163	62,907,712
D2 - FARM & RANCH IMP	4,327,850	0.9235	4,686,356	4,327,850
E - NON-AG LAND AND IMPROVEMENTS	18,309,260	0.8444	21,683,160	18,309,260
F1 - COMMERCIAL REAL	15,361,430	0.9351	16,427,580	15,361,430
F2 - INDUSTRIAL REAL	540,331,780	N/A	540,331,780	540,331,780
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	37,838,320	0.8939	42,329,478	37,838,320
L1 - COMMERCIAL PERSONAL	19,212,080	1.0197	18,840,914	19,212,080
L2 - INDUSTRIAL PERSONAL	27,123,970	N/A	27,123,970	27,123,970
M1 - MOBILE HOMES	1,088,580	N/A	1,088,580	1,088,580
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	1,871,450	N/A	1,871,450	1,871,450
Subtotal	815,514,072		819,665,572	815,514,072
Less Total Deductions	427,136,111		429,675,574	427,136,111
Total Taxable Value	388,377,961		389,989,998	388,377,961

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
396,309,611	388,377,961	396,309,611	388,377,961	405,049,611

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
7,931,650	0	8,740,000

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
788,106,691	780,175,041	788,106,691	780,175,041	796,846,691

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