taxes Property Tax Assistance

2023 ISD Summary Worksheet

Amherst ISD (all splits)   Lamb County  

140-Lamb/Lamb County

140-901/Amherst ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 12,621,060 N/A 12,621,060 12,621,060
B - MULTIFAMILY 52,250 N/A 52,250 52,250
C1 - VACANT LOTS 124,730 N/A 124,730 124,730
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,186,970 N/A 7,186,970 7,186,970
D2 - FARM & RANCH IMP 1,223,760 N/A 1,223,760 1,223,760
E - NON-AG LAND AND IMPROVEMENTS 9,585,000 N/A 9,585,000 9,585,000
F1 - COMMERCIAL REAL 969,250 N/A 969,250 969,250
F2 - INDUSTRIAL REAL 11,038,120 N/A 11,038,120 11,038,120
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 15,717,710 N/A 15,717,710 15,717,710
L1 - COMMERCIAL PERSONAL 1,066,200 N/A 1,066,200 1,066,200
L2 - INDUSTRIAL PERSONAL 2,780,190 N/A 2,780,190 2,780,190
M1 - MOBILE HOMES 1,441,880 N/A 1,441,880 1,441,880
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 63,807,120 0 63,807,120 63,807,120
Less Total Deductions 10,020,048 0 10,020,048 10,020,048
Total Taxable Value 53,787,072 0 53,787,072 53,787,072

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 55,324,513 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 53,787,072 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 55,324,513 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 53,787,072 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 57,964,513 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 59,724,513 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 54,147,595 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 55,324,513 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 53,787,072 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 55,324,513 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 53,787,072 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 57,964,513 T13 plus the loss to the chapter 313 agreement
T16 59,724,513 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 54,147,595 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,537,441 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 2,640,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,760,000 Loss to Second Previous Homestead Increase

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


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140-901-02/Amherst ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 12,621,060 N/A 12,621,060 12,621,060
B - MULTIFAMILY 52,250 N/A 52,250 52,250
C1 - VACANT LOTS 124,730 N/A 124,730 124,730
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,186,970 N/A 7,186,970 7,186,970
D2 - FARM & RANCH IMP 1,223,760 N/A 1,223,760 1,223,760
E - NON-AG LAND AND IMPROVEMENTS 9,585,000 N/A 9,585,000 9,585,000
F1 - COMMERCIAL REAL 969,250 N/A 969,250 969,250
F2 - INDUSTRIAL REAL 11,038,120 N/A 11,038,120 11,038,120
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 15,717,710 N/A 15,717,710 15,717,710
L1 - COMMERCIAL PERSONAL 1,066,200 N/A 1,066,200 1,066,200
L2 - INDUSTRIAL PERSONAL 2,780,190 N/A 2,780,190 2,780,190
M1 - MOBILE HOMES 1,441,880 N/A 1,441,880 1,441,880
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 63,807,120 63,807,120 63,807,120
Less Total Deductions 10,020,048 10,020,048 10,020,048
Total Taxable Value 53,787,072 53,787,072 53,787,072

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 55,324,513 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 53,787,072 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 55,324,513 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 53,787,072 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 57,964,513 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 59,724,513 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 54,147,595 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 55,324,513 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 53,787,072 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 55,324,513 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 53,787,072 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 57,964,513 T13 plus the loss to the chapter 313 agreement
T16 59,724,513 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 54,147,595 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,537,441 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 2,640,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,760,000 Loss to Second Previous Homestead Increase

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