113-Houston/Houston County
113-905/Latexo ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
114,912,090 |
0.8640 |
133,000,104 |
133,000,104 |
| B - MULTIFAMILY |
0 |
N/A |
0 |
0 |
| C1 - VACANT LOTS |
4,587,820 |
N/A |
4,587,820 |
4,587,820 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
8,396,110 |
0.9817 |
8,552,729 |
8,552,729 |
| D2 - FARM & RANCH IMP |
5,787,620 |
N/A |
5,787,620 |
5,787,620 |
| E - NON-AG LAND AND IMPROVEMENTS |
67,370,910 |
0.8271 |
81,454,371 |
81,454,371 |
| F1 - COMMERCIAL REAL |
5,496,580 |
N/A |
5,496,580 |
5,496,580 |
| F2 - INDUSTRIAL REAL |
5,438,040 |
N/A |
5,438,040 |
5,438,040 |
| G - ALL MINERALS |
42,090 |
N/A |
42,090 |
42,090 |
| J - ALL UTILITIES |
74,922,990 |
0.9355 |
80,088,712 |
80,088,712 |
| L1 - COMMERCIAL PERSONAL |
1,819,730 |
N/A |
1,819,730 |
1,819,730 |
| L2 - INDUSTRIAL PERSONAL |
30,333,720 |
N/A |
30,333,720 |
30,333,720 |
| M1 - MOBILE HOMES |
6,983,670 |
N/A |
6,983,670 |
6,983,670 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
0 |
N/A |
0 |
0 |
| S - SPECIAL INVENTORY |
15,480 |
N/A |
15,480 |
15,480 |
| Subtotal |
326,106,850 |
0 |
363,600,666 |
363,600,666 |
| Less Total Deductions |
83,951,935 |
0 |
91,932,042 |
91,932,042 |
| Total Taxable Value |
242,154,915 |
0 |
271,668,624 |
271,668,624 |
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 |
298,677,260 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
271,668,624 |
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 |
298,677,260 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
271,668,624 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
309,027,260 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
315,927,260 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
281,366,403 |
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 |
298,677,260 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
271,668,624 |
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 |
298,677,260 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
271,668,624 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
309,027,260 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
315,927,260 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
281,366,403 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
27,008,636 |
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 |
10,350,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
6,900,000 |
Loss to Second Previous Homestead Increase |
THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE
113-905-02/Latexo ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
114,912,090 |
0.8640 |
133,000,104 |
133,000,104 |
| B - MULTIFAMILY |
0 |
N/A |
0 |
0 |
| C1 - VACANT LOTS |
4,587,820 |
N/A |
4,587,820 |
4,587,820 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
8,396,110 |
0.9817 |
8,552,729 |
8,552,729 |
| D2 - FARM & RANCH IMP |
5,787,620 |
N/A |
5,787,620 |
5,787,620 |
| E - NON-AG LAND AND IMPROVEMENTS |
67,370,910 |
0.8271 |
81,454,371 |
81,454,371 |
| F1 - COMMERCIAL REAL |
5,496,580 |
N/A |
5,496,580 |
5,496,580 |
| F2 - INDUSTRIAL REAL |
5,438,040 |
N/A |
5,438,040 |
5,438,040 |
| G - ALL MINERALS |
42,090 |
N/A |
42,090 |
42,090 |
| J - ALL UTILITIES |
74,922,990 |
0.9355 |
80,088,712 |
80,088,712 |
| L1 - COMMERCIAL PERSONAL |
1,819,730 |
N/A |
1,819,730 |
1,819,730 |
| L2 - INDUSTRIAL PERSONAL |
30,333,720 |
N/A |
30,333,720 |
30,333,720 |
| M1 - MOBILE HOMES |
6,983,670 |
N/A |
6,983,670 |
6,983,670 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
0 |
N/A |
0 |
0 |
| S - SPECIAL INVENTORY |
15,480 |
N/A |
15,480 |
15,480 |
| Subtotal |
326,106,850 |
|
363,600,666 |
363,600,666 |
| Less Total Deductions |
83,951,935 |
|
91,932,042 |
91,932,042 |
| Total Taxable Value |
242,154,915 |
|
271,668,624 |
271,668,624 |
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 |
298,677,260 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
271,668,624 |
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 |
298,677,260 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
271,668,624 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
309,027,260 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
315,927,260 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
281,366,403 |
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 |
298,677,260 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
271,668,624 |
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 |
298,677,260 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
271,668,624 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
309,027,260 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
315,927,260 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
281,366,403 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
27,008,636 |
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 |
10,350,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
6,900,000 |
Loss to Second Previous Homestead Increase |
