taxes Property Tax Assistance

2023 ISD Summary Worksheet

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 0.7205 147,771,606 147,771,606
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 0.6625 59,402,957 59,402,957
F1 - COMMERCIAL REAL 22,164,322 0.9607 23,071,013 23,071,013
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 0 459,840,213 459,840,213
Less Total Deductions 74,376,390 0 89,980,837 89,980,837
Total Taxable Value 325,619,147 0 369,859,376 369,859,376

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 394,513,302 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 369,859,376 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 394,513,302 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 369,859,376 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 411,598,302 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 422,988,302 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 370,056,664 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 394,513,302 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 369,859,376 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 394,513,302 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 369,859,376 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 411,598,302 T13 plus the loss to the chapter 313 agreement
T16 422,988,302 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 370,056,664 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

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

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 0.7217 148,415,416 148,415,416
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 0.6779 62,249,065 62,249,065
F1 - COMMERCIAL REAL 22,354,522 0.9610 23,261,213 23,261,213
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 411,173,223 471,017,899 471,017,899
Less Total Deductions 75,055,506 90,659,953 90,659,953
Total Taxable Value 336,117,717 380,357,946 380,357,946

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 405,123,602 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 380,357,946 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 405,123,602 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 380,357,946 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 422,418,602 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 433,948,602 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 380,555,234 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 405,123,602 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 380,357,946 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 405,123,602 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 380,357,946 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 422,418,602 T13 plus the loss to the chapter 313 agreement
T16 433,948,602 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 380,555,234 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