taxes Property Tax Assistance

2023 ISD Summary Worksheet

Nazareth ISD (all splits)   Castro County  

035-Castro/Castro County

035-903/Nazareth ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 31,661,980 1.0447 30,307,246 31,661,980
B - MULTIFAMILY 799,930 N/A 799,930 799,930
C1 - VACANT LOTS 181,040 N/A 181,040 181,040
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,967,296 1.1285 11,490,254 12,967,296
D2 - FARM & RANCH IMP 1,423,040 N/A 1,423,040 1,423,040
E - NON-AG LAND AND IMPROVEMENTS 12,123,090 0.8416 14,404,812 12,123,090
F1 - COMMERCIAL REAL 1,428,920 N/A 1,428,920 1,428,920
F2 - INDUSTRIAL REAL 876,360 N/A 876,360 876,360
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 39,034,530 0.9793 39,859,624 39,034,530
L1 - COMMERCIAL PERSONAL 1,954,550 N/A 1,954,550 1,954,550
L2 - INDUSTRIAL PERSONAL 42,200 N/A 42,200 42,200
M1 - MOBILE HOMES 408,190 N/A 408,190 408,190
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 2,000 N/A 2,000 2,000
Subtotal 102,903,126 0 103,178,166 102,903,126
Less Total Deductions 19,082,982 0 18,790,559 19,082,982
Total Taxable Value 83,820,144 0 84,387,607 83,820,144

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 92,627,214 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 83,820,144 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 92,627,214 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 83,820,144 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 95,552,214 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 97,502,214 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 84,786,945 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 92,627,214 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 83,820,144 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 92,627,214 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 83,820,144 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 95,552,214 T13 plus the loss to the chapter 313 agreement
T16 97,502,214 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 84,786,945 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 8,807,070 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 2,925,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,950,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


Back to top

035-903-02/Nazareth ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 31,661,980 1.0447 30,307,246 31,661,980
B - MULTIFAMILY 799,930 N/A 799,930 799,930
C1 - VACANT LOTS 181,040 N/A 181,040 181,040
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,967,296 1.1285 11,490,254 12,967,296
D2 - FARM & RANCH IMP 1,423,040 N/A 1,423,040 1,423,040
E - NON-AG LAND AND IMPROVEMENTS 12,123,090 0.8416 14,404,812 12,123,090
F1 - COMMERCIAL REAL 1,428,920 N/A 1,428,920 1,428,920
F2 - INDUSTRIAL REAL 876,360 N/A 876,360 876,360
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 39,034,530 0.9793 39,859,624 39,034,530
L1 - COMMERCIAL PERSONAL 1,954,550 N/A 1,954,550 1,954,550
L2 - INDUSTRIAL PERSONAL 42,200 N/A 42,200 42,200
M1 - MOBILE HOMES 408,190 N/A 408,190 408,190
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 2,000 N/A 2,000 2,000
Subtotal 102,903,126 103,178,166 102,903,126
Less Total Deductions 19,082,982 18,790,559 19,082,982
Total Taxable Value 83,820,144 84,387,607 83,820,144

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 92,627,214 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 83,820,144 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 92,627,214 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 83,820,144 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 95,552,214 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 97,502,214 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 84,786,945 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 92,627,214 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 83,820,144 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 92,627,214 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 83,820,144 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 95,552,214 T13 plus the loss to the chapter 313 agreement
T16 97,502,214 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 84,786,945 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 8,807,070 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 2,925,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,950,000 Loss to Second Previous Homestead Increase

Back to top