113-Houston/Houston County
113-903/Lovelady ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
56,038,830 |
0.9721 |
57,647,187 |
56,038,830 |
| B - MULTIFAMILY |
322,070 |
N/A |
322,070 |
322,070 |
| C1 - VACANT LOTS |
4,546,210 |
N/A |
4,546,210 |
4,546,210 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
24,056,280 |
0.9604 |
25,047,334 |
24,056,280 |
| D2 - FARM & RANCH IMP |
17,299,660 |
N/A |
17,299,660 |
17,299,660 |
| E - NON-AG LAND AND IMPROVEMENTS |
158,796,450 |
0.8329 |
190,654,881 |
158,796,450 |
| F1 - COMMERCIAL REAL |
4,892,730 |
N/A |
4,892,730 |
4,892,730 |
| F2 - INDUSTRIAL REAL |
1,179,150 |
N/A |
1,179,150 |
1,179,150 |
| G - ALL MINERALS |
39,224,750 |
1.0209 |
38,421,736 |
39,224,750 |
| J - ALL UTILITIES |
151,334,630 |
0.9319 |
162,393,637 |
151,334,630 |
| L1 - COMMERCIAL PERSONAL |
3,183,340 |
N/A |
3,183,340 |
3,183,340 |
| L2 - INDUSTRIAL PERSONAL |
8,301,860 |
N/A |
8,301,860 |
8,301,860 |
| M1 - MOBILE HOMES |
14,203,270 |
N/A |
14,203,270 |
14,203,270 |
| 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 |
483,379,230 |
0 |
528,093,065 |
483,379,230 |
| Less Total Deductions |
106,318,671 |
0 |
107,931,322 |
106,318,671 |
| Total Taxable Value |
377,060,559 |
0 |
420,161,743 |
377,060,559 |
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 |
410,399,579 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
377,060,559 |
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 |
410,399,579 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
377,060,559 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
422,414,579 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
430,424,579 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
387,525,785 |
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 |
410,399,579 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
377,060,559 |
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 |
410,399,579 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
377,060,559 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
422,414,579 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
430,424,579 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
387,525,785 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
33,339,020 |
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 |
12,015,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
8,010,000 |
Loss to Second Previous Homestead Increase |
THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD
113-903-02/Lovelady ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
56,038,830 |
0.9721 |
57,647,187 |
56,038,830 |
| B - MULTIFAMILY |
322,070 |
N/A |
322,070 |
322,070 |
| C1 - VACANT LOTS |
4,546,210 |
N/A |
4,546,210 |
4,546,210 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
24,056,280 |
0.9604 |
25,047,334 |
24,056,280 |
| D2 - FARM & RANCH IMP |
17,299,660 |
N/A |
17,299,660 |
17,299,660 |
| E - NON-AG LAND AND IMPROVEMENTS |
158,796,450 |
0.8329 |
190,654,881 |
158,796,450 |
| F1 - COMMERCIAL REAL |
4,892,730 |
N/A |
4,892,730 |
4,892,730 |
| F2 - INDUSTRIAL REAL |
1,179,150 |
N/A |
1,179,150 |
1,179,150 |
| G - ALL MINERALS |
39,224,750 |
1.0209 |
38,421,736 |
39,224,750 |
| J - ALL UTILITIES |
151,334,630 |
0.9319 |
162,393,637 |
151,334,630 |
| L1 - COMMERCIAL PERSONAL |
3,183,340 |
N/A |
3,183,340 |
3,183,340 |
| L2 - INDUSTRIAL PERSONAL |
8,301,860 |
N/A |
8,301,860 |
8,301,860 |
| M1 - MOBILE HOMES |
14,203,270 |
N/A |
14,203,270 |
14,203,270 |
| 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 |
483,379,230 |
|
528,093,065 |
483,379,230 |
| Less Total Deductions |
106,318,671 |
|
107,931,322 |
106,318,671 |
| Total Taxable Value |
377,060,559 |
|
420,161,743 |
377,060,559 |
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 |
410,399,579 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
377,060,559 |
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 |
410,399,579 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
377,060,559 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
422,414,579 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
430,424,579 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
387,525,785 |
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 |
410,399,579 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
377,060,559 |
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 |
410,399,579 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
377,060,559 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
422,414,579 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
430,424,579 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
387,525,785 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
33,339,020 |
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 |
12,015,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
8,010,000 |
Loss to Second Previous Homestead Increase |
