taxes Property Tax Assistance

2024 ISD Summary Worksheet

Lazbuddie ISD (all splits)   Castro County   Parmer County  

035-Castro/Castro County

185-904/Lazbuddie ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 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 1,170,140 N/A 1,170,140 1,170,140
D2 - FARM & RANCH IMP 411,800 N/A 411,800 411,800
E - NON-AG LAND AND IMPROVEMENTS 554,120 N/A 554,120 554,120
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 192,620 N/A 192,620 192,620
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 2,328,680 0 2,328,680 2,328,680
Less Total Deductions 158,408 0 158,408 158,408
Total Taxable Value 2,170,272 0 2,170,272 2,170,272

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's office 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 school 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 2,170,272 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,170,272 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 2,170,272 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,170,272 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,170,272 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 2,170,272 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 2,170,272 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 2,170,272 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,170,272 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 2,170,272 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,170,272 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,170,272 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 2,170,272 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 2,170,272 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 0 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 0 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 0 Loss to the third most recent increase in the state-mandated homestead exemption

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


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185-Parmer/Parmer County

185-904/Lazbuddie ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 56,407 N/A 56,407 56,407
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,260 N/A 1,260 1,260
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 31,752,782 0.9875 32,155,141 31,752,782
D2 - FARM & RANCH IMP 5,447,930 0.9993 5,451,746 5,447,930
E - NON-AG LAND AND IMPROVEMENTS 39,756,524 1.0333 38,475,297 39,756,524
F1 - COMMERCIAL REAL 641,713 N/A 641,713 641,713
F2 - INDUSTRIAL REAL 12,548,984 N/A 12,548,984 12,548,984
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 7,994,620 0.9126 8,760,267 7,994,620
L1 - COMMERCIAL PERSONAL 666,427 N/A 666,427 666,427
L2 - INDUSTRIAL PERSONAL 4,429,080 N/A 4,429,080 4,429,080
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 103,303,763 0 103,194,358 103,303,763
Less Total Deductions 16,457,763 0 16,457,763 16,457,763
Total Taxable Value 86,846,000 0 86,736,595 86,846,000

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's office 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 school 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 92,011,583 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 86,846,000 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 92,011,583 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 86,846,000 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 93,766,583 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 94,936,583 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 89,146,183 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 92,011,583 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 86,846,000 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 92,011,583 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 86,846,000 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 93,766,583 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 94,936,583 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 89,146,183 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 5,165,583 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,755,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 1,170,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


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185-904-02/Lazbuddie ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 56,407 N/A 56,407 56,407
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 1,260 N/A 1,260 1,260
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 32,922,922 0.9879 33,325,281 32,922,922
D2 - FARM & RANCH IMP 5,859,730 0.9993 5,863,546 5,859,730
E - NON-AG LAND AND IMPROVEMENTS 40,310,644 1.0328 39,029,417 40,310,644
F1 - COMMERCIAL REAL 641,713 N/A 641,713 641,713
F2 - INDUSTRIAL REAL 12,548,984 N/A 12,548,984 12,548,984
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 8,187,240 0.9145 8,952,887 8,187,240
L1 - COMMERCIAL PERSONAL 666,427 N/A 666,427 666,427
L2 - INDUSTRIAL PERSONAL 4,429,080 N/A 4,429,080 4,429,080
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 105,632,443 105,523,038 105,632,443
Less Total Deductions 16,616,171 16,616,171 16,616,171
Total Taxable Value 89,016,272 88,906,867 89,016,272

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's office 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 school 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 94,181,855 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 89,016,272 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 94,181,855 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 89,016,272 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 95,936,855 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 97,106,855 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 91,316,455 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 94,181,855 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 89,016,272 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 94,181,855 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 89,016,272 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 95,936,855 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 97,106,855 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 91,316,455 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 5,165,583 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,755,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 1,170,000 Loss to the third most recent increase in the state-mandated homestead exemption

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