taxes Property Tax Assistance

2024 ISD Summary Worksheet

Latexo ISD (all splits)   Houston County  

113-Houston/Houston County

113-905/Latexo ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 145,800,520 1.0068 144,815,773 145,800,520
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 4,692,870 N/A 4,692,870 4,692,870
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,754,660 1.0455 8,373,581 8,754,660
D2 - FARM & RANCH IMP 16,059,850 N/A 16,059,850 16,059,850
E - NON-AG LAND AND IMPROVEMENTS 71,083,320 0.9504 74,793,056 71,083,320
F1 - COMMERCIAL REAL 6,525,670 N/A 6,525,670 6,525,670
F2 - INDUSTRIAL REAL 7,495,410 N/A 7,495,410 7,495,410
G - ALL MINERALS 495,980 N/A 495,980 495,980
J - ALL UTILITIES 83,095,010 0.9499 87,477,640 83,095,010
L1 - COMMERCIAL PERSONAL 1,580,970 N/A 1,580,970 1,580,970
L2 - INDUSTRIAL PERSONAL 31,933,210 N/A 31,933,210 31,933,210
M1 - MOBILE HOMES 7,961,350 N/A 7,961,350 7,961,350
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 14,180 N/A 14,180 14,180
Subtotal 385,493,000 0 392,219,540 385,493,000
Less Total Deductions 110,590,820 0 110,135,517 110,590,820
Total Taxable Value 274,902,180 0 282,084,023 274,902,180

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 303,827,446 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 274,902,180 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 303,827,446 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 274,902,180 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 314,192,446 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 321,102,446 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 287,284,067 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 303,827,446 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 274,902,180 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 303,827,446 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 274,902,180 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 314,192,446 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 321,102,446 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 287,284,067 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 28,925,266 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 10,365,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 6,910,000 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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113-905-02/Latexo ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 145,800,520 1.0068 144,815,773 145,800,520
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 4,692,870 N/A 4,692,870 4,692,870
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,754,660 1.0455 8,373,581 8,754,660
D2 - FARM & RANCH IMP 16,059,850 N/A 16,059,850 16,059,850
E - NON-AG LAND AND IMPROVEMENTS 71,083,320 0.9504 74,793,056 71,083,320
F1 - COMMERCIAL REAL 6,525,670 N/A 6,525,670 6,525,670
F2 - INDUSTRIAL REAL 7,495,410 N/A 7,495,410 7,495,410
G - ALL MINERALS 495,980 N/A 495,980 495,980
J - ALL UTILITIES 83,095,010 0.9499 87,477,640 83,095,010
L1 - COMMERCIAL PERSONAL 1,580,970 N/A 1,580,970 1,580,970
L2 - INDUSTRIAL PERSONAL 31,933,210 N/A 31,933,210 31,933,210
M1 - MOBILE HOMES 7,961,350 N/A 7,961,350 7,961,350
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 14,180 N/A 14,180 14,180
Subtotal 385,493,000 392,219,540 385,493,000
Less Total Deductions 110,590,820 110,135,517 110,590,820
Total Taxable Value 274,902,180 282,084,023 274,902,180

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 303,827,446 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 274,902,180 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 303,827,446 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 274,902,180 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 314,192,446 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 321,102,446 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 287,284,067 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 303,827,446 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 274,902,180 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 303,827,446 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 274,902,180 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 314,192,446 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 321,102,446 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 287,284,067 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 28,925,266 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 10,365,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 6,910,000 Loss to the third most recent increase in the state-mandated homestead exemption

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