taxes Property Tax Assistance

2023 ISD Summary Worksheet

Muleshoe ISD (all splits)   Bailey County   Lamb County  

009-Bailey/Bailey County

009-901/Muleshoe ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 106,469,442 0.7287 146,108,744 146,108,744
B - MULTIFAMILY 1,591,641 N/A 1,591,641 1,591,641
C1 - VACANT LOTS 971,778 N/A 971,778 971,778
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 25,531,940 1.1419 22,359,549 22,359,549
D2 - FARM & RANCH IMP 2,843,922 N/A 2,843,922 2,843,922
E - NON-AG LAND AND IMPROVEMENTS 39,354,459 0.6676 58,949,160 58,949,160
F1 - COMMERCIAL REAL 22,164,322 0.9668 22,925,447 22,925,447
F2 - INDUSTRIAL REAL 38,475,969 N/A 38,475,969 38,475,969
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 78,938,242 0.9792 80,615,035 80,615,035
L1 - COMMERCIAL PERSONAL 32,982,765 1.0286 32,065,686 32,065,686
L2 - INDUSTRIAL PERSONAL 40,024,642 N/A 40,024,642 40,024,642
M1 - MOBILE HOMES 5,140,625 N/A 5,140,625 5,140,625
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 5,505,790 N/A 5,505,790 5,505,790
Subtotal 399,995,537 0 457,577,988 457,577,988
Less Total Deductions 74,376,390 0 89,352,582 89,352,582
Total Taxable Value 325,619,147 0 368,225,406 368,225,406

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

Measure Value Description
T1 392,879,332 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 368,225,406 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 392,879,332 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 368,225,406 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 409,964,332 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 421,354,332 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 368,422,694 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 392,879,332 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 368,225,406 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 392,879,332 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 368,225,406 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 409,964,332 T13 plus the loss to the chapter 313 agreement
T16 421,354,332 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 368,422,694 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 24,653,926 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 17,085,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 11,390,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE THE VALUES FOR YOUR SCHOOL DISTRICT ARE BELOW THE 90% CUTOFF AND YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE


Back to top


140-Lamb/Lamb County

009-901/Muleshoe ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 643,810 N/A 643,810 643,810
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 3,027,258 N/A 3,027,258 3,027,258
D2 - FARM & RANCH IMP 218,190 N/A 218,190 218,190
E - NON-AG LAND AND IMPROVEMENTS 2,846,108 N/A 2,846,108 2,846,108
F1 - COMMERCIAL REAL 190,200 N/A 190,200 190,200
F2 - INDUSTRIAL REAL 3,082,820 N/A 3,082,820 3,082,820
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,166,320 N/A 1,166,320 1,166,320
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 2,980 N/A 2,980 2,980
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 11,177,686 0 11,177,686 11,177,686
Less Total Deductions 679,116 0 679,116 679,116
Total Taxable Value 10,498,570 0 10,498,570 10,498,570

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

Measure Value Description
T1 10,610,300 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 10,498,570 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 10,610,300 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 10,498,570 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 10,820,300 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 10,960,300 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 10,498,570 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 10,610,300 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 10,498,570 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 10,610,300 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 10,498,570 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 10,820,300 T13 plus the loss to the chapter 313 agreement
T16 10,960,300 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 10,498,570 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 111,730 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 210,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 140,000 Loss to Second Previous Homestead Increase

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


Back to top


009-901-02/Muleshoe ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 107,113,252 0.7299 146,752,554 146,752,554
B - MULTIFAMILY 1,591,641 N/A 1,591,641 1,591,641
C1 - VACANT LOTS 971,778 N/A 971,778 971,778
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 28,559,198 1.1250 25,386,807 25,386,807
D2 - FARM & RANCH IMP 3,062,112 N/A 3,062,112 3,062,112
E - NON-AG LAND AND IMPROVEMENTS 42,200,567 0.6829 61,795,268 61,795,268
F1 - COMMERCIAL REAL 22,354,522 0.9671 23,115,647 23,115,647
F2 - INDUSTRIAL REAL 41,558,789 N/A 41,558,789 41,558,789
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 80,104,562 0.9795 81,781,355 81,781,355
L1 - COMMERCIAL PERSONAL 32,982,765 1.0286 32,065,686 32,065,686
L2 - INDUSTRIAL PERSONAL 40,024,642 N/A 40,024,642 40,024,642
M1 - MOBILE HOMES 5,143,605 N/A 5,143,605 5,143,605
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 5,505,790 N/A 5,505,790 5,505,790
Subtotal 411,173,223 468,755,674 468,755,674
Less Total Deductions 75,055,506 90,031,698 90,031,698
Total Taxable Value 336,117,717 378,723,976 378,723,976

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

Measure Value Description
T1 403,489,632 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 378,723,976 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 403,489,632 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 378,723,976 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 420,784,632 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 432,314,632 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 378,921,264 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 403,489,632 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 378,723,976 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 403,489,632 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 378,723,976 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 420,784,632 T13 plus the loss to the chapter 313 agreement
T16 432,314,632 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 378,921,264 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 24,765,656 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 17,295,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 11,530,000 Loss to Second Previous Homestead Increase

Back to top