taxes Property Tax Assistance

2024 ISD Summary Worksheet

Lefors ISD (all splits)   Gray County  

090-Gray/Gray County

090-902/Lefors ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 7,659,920 0.4990 15,350,541 7,659,920
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 214,270 N/A 214,270 214,270
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,039,130 1.4383 2,113,057 3,039,130
D2 - FARM & RANCH IMP 247,730 N/A 247,730 247,730
E - NON-AG LAND AND IMPROVEMENTS 6,896,260 0.5896 11,696,506 6,896,260
F1 - COMMERCIAL REAL 281,150 N/A 281,150 281,150
F2 - INDUSTRIAL REAL 186,060 N/A 186,060 186,060
G - ALL MINERALS 66,678,150 1.0185 65,467,010 66,678,150
J - ALL UTILITIES 47,199,140 0.9440 49,999,089 47,199,140
L1 - COMMERCIAL PERSONAL 587,570 N/A 587,570 587,570
L2 - INDUSTRIAL PERSONAL 1,223,890 N/A 1,223,890 1,223,890
M1 - MOBILE HOMES 512,260 N/A 512,260 512,260
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 134,725,530 0 147,879,133 134,725,530
Less Total Deductions 20,227,448 0 21,348,795 20,227,448
Total Taxable Value 114,498,082 0 126,530,338 114,498,082

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 115,154,022 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 114,498,082 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 115,154,022 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 114,498,082 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 117,254,022 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 118,654,022 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 114,598,885 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 115,154,022 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 114,498,082 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 115,154,022 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 114,498,082 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 117,254,022 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 118,654,022 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 114,598,885 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 655,940 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 2,100,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 1,400,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD.


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090-902-02/Lefors ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 7,659,920 0.4990 15,350,541 7,659,920
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 214,270 N/A 214,270 214,270
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,039,130 1.4383 2,113,057 3,039,130
D2 - FARM & RANCH IMP 247,730 N/A 247,730 247,730
E - NON-AG LAND AND IMPROVEMENTS 6,896,260 0.5896 11,696,506 6,896,260
F1 - COMMERCIAL REAL 281,150 N/A 281,150 281,150
F2 - INDUSTRIAL REAL 186,060 N/A 186,060 186,060
G - ALL MINERALS 66,678,150 1.0185 65,467,010 66,678,150
J - ALL UTILITIES 47,199,140 0.9440 49,999,089 47,199,140
L1 - COMMERCIAL PERSONAL 587,570 N/A 587,570 587,570
L2 - INDUSTRIAL PERSONAL 1,223,890 N/A 1,223,890 1,223,890
M1 - MOBILE HOMES 512,260 N/A 512,260 512,260
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 134,725,530 147,879,133 134,725,530
Less Total Deductions 20,227,448 21,348,795 20,227,448
Total Taxable Value 114,498,082 126,530,338 114,498,082

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 115,154,022 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 114,498,082 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 115,154,022 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 114,498,082 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 117,254,022 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 118,654,022 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 114,598,885 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 115,154,022 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 114,498,082 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 115,154,022 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 114,498,082 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 117,254,022 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 118,654,022 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 114,598,885 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 655,940 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 2,100,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 1,400,000 Loss to the third most recent increase in the state-mandated homestead exemption

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