taxes Property Tax Assistance

2023 ISD Summary Worksheet

Lazbuddie ISD (all splits)   Castro County   Parmer County  

035-Castro/Castro County

185-904/Lazbuddie ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
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 1,079,720 N/A 1,079,720 1,079,720
D2 - FARM & RANCH IMP 401,130 N/A 401,130 401,130
E - NON-AG LAND AND IMPROVEMENTS 368,240 N/A 368,240 368,240
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 182,060 N/A 182,060 182,060
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 0 N/A 0 0
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 2,031,150 0 2,031,150 2,031,150
Less Total Deductions 0 0 0 0
Total Taxable Value 2,031,150 0 2,031,150 2,031,150

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 2,031,150 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,031,150 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 2,031,150 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,031,150 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,031,150 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,031,150 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 2,031,150 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 2,031,150 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,031,150 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 2,031,150 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,031,150 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,031,150 T13 plus the loss to the chapter 313 agreement
T16 2,031,150 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 2,031,150 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 0 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 0 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 0 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED


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185-Parmer/Parmer County

185-904/Lazbuddie ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 30,667 N/A 30,667 30,667
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 13,002 N/A 13,002 13,002
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 23,712,731 N/A 23,712,731 23,712,731
D2 - FARM & RANCH IMP 3,962,815 N/A 3,962,815 3,962,815
E - NON-AG LAND AND IMPROVEMENTS 37,308,780 N/A 37,308,780 37,308,780
F1 - COMMERCIAL REAL 1,280,718 N/A 1,280,718 1,280,718
F2 - INDUSTRIAL REAL 12,659,765 N/A 12,659,765 12,659,765
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 7,655,860 N/A 7,655,860 7,655,860
L1 - COMMERCIAL PERSONAL 379,063 N/A 379,063 379,063
L2 - INDUSTRIAL PERSONAL 7,875,557 N/A 7,875,557 7,875,557
M1 - MOBILE HOMES 8,036 N/A 8,036 8,036
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 94,886,994 0 94,886,994 94,886,994
Less Total Deductions 15,984,158 0 15,984,158 15,984,158
Total Taxable Value 78,902,836 0 78,902,836 78,902,836

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 83,862,011 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 78,902,836 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 83,862,011 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 78,902,836 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 85,632,011 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 86,812,011 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 79,923,013 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 83,862,011 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 78,902,836 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 83,862,011 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 78,902,836 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 85,632,011 T13 plus the loss to the chapter 313 agreement
T16 86,812,011 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 79,923,013 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,959,175 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 1,770,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,180,000 Loss to Second Previous Homestead Increase

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


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185-904-02/Lazbuddie ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 30,667 N/A 30,667 30,667
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 13,002 N/A 13,002 13,002
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 24,792,451 N/A 24,792,451 24,792,451
D2 - FARM & RANCH IMP 4,363,945 N/A 4,363,945 4,363,945
E - NON-AG LAND AND IMPROVEMENTS 37,677,020 N/A 37,677,020 37,677,020
F1 - COMMERCIAL REAL 1,280,718 N/A 1,280,718 1,280,718
F2 - INDUSTRIAL REAL 12,659,765 N/A 12,659,765 12,659,765
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 7,837,920 N/A 7,837,920 7,837,920
L1 - COMMERCIAL PERSONAL 379,063 N/A 379,063 379,063
L2 - INDUSTRIAL PERSONAL 7,875,557 N/A 7,875,557 7,875,557
M1 - MOBILE HOMES 8,036 N/A 8,036 8,036
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 96,918,144 96,918,144 96,918,144
Less Total Deductions 15,984,158 15,984,158 15,984,158
Total Taxable Value 80,933,986 80,933,986 80,933,986

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 85,893,161 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 80,933,986 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 85,893,161 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 80,933,986 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 87,663,161 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 88,843,161 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 81,954,163 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 85,893,161 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 80,933,986 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 85,893,161 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 80,933,986 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 87,663,161 T13 plus the loss to the chapter 313 agreement
T16 88,843,161 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 81,954,163 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 4,959,175 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 1,770,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,180,000 Loss to Second Previous Homestead Increase

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