taxes Property Tax Assistance

2024 ISD Summary Worksheet

Amherst ISD (all splits)   Lamb County  

140-Lamb/Lamb County

140-901/Amherst ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 13,315,250 0.6564 20,285,268 13,315,250
B - MULTIFAMILY 52,870 N/A 52,870 52,870
C1 - VACANT LOTS 124,380 N/A 124,380 124,380
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,178,590 2.0282 4,032,464 8,178,590
D2 - FARM & RANCH IMP 1,195,080 N/A 1,195,080 1,195,080
E - NON-AG LAND AND IMPROVEMENTS 9,310,520 0.7283 12,783,908 9,310,520
F1 - COMMERCIAL REAL 984,060 N/A 984,060 984,060
F2 - INDUSTRIAL REAL 11,040,600 N/A 11,040,600 11,040,600
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 17,282,920 0.9344 18,496,276 17,282,920
L1 - COMMERCIAL PERSONAL 1,321,910 N/A 1,321,910 1,321,910
L2 - INDUSTRIAL PERSONAL 3,166,870 N/A 3,166,870 3,166,870
M1 - MOBILE HOMES 1,533,230 N/A 1,533,230 1,533,230
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 67,506,280 0 75,016,916 67,506,280
Less Total Deductions 10,701,851 0 13,356,442 10,701,851
Total Taxable Value 56,804,429 0 61,660,474 56,804,429

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 59,154,627 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 56,804,429 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 59,154,627 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 56,804,429 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 61,779,627 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 63,529,627 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 57,364,759 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 59,154,627 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 56,804,429 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 59,154,627 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 56,804,429 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 61,779,627 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 63,529,627 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 57,364,759 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 2,350,198 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 2,625,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 1,750,000 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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140-901-02/Amherst ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 13,315,250 0.6564 20,285,268 13,315,250
B - MULTIFAMILY 52,870 N/A 52,870 52,870
C1 - VACANT LOTS 124,380 N/A 124,380 124,380
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,178,590 2.0282 4,032,464 8,178,590
D2 - FARM & RANCH IMP 1,195,080 N/A 1,195,080 1,195,080
E - NON-AG LAND AND IMPROVEMENTS 9,310,520 0.7283 12,783,908 9,310,520
F1 - COMMERCIAL REAL 984,060 N/A 984,060 984,060
F2 - INDUSTRIAL REAL 11,040,600 N/A 11,040,600 11,040,600
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 17,282,920 0.9344 18,496,276 17,282,920
L1 - COMMERCIAL PERSONAL 1,321,910 N/A 1,321,910 1,321,910
L2 - INDUSTRIAL PERSONAL 3,166,870 N/A 3,166,870 3,166,870
M1 - MOBILE HOMES 1,533,230 N/A 1,533,230 1,533,230
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 67,506,280 75,016,916 67,506,280
Less Total Deductions 10,701,851 13,356,442 10,701,851
Total Taxable Value 56,804,429 61,660,474 56,804,429

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 59,154,627 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 56,804,429 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 59,154,627 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 56,804,429 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 61,779,627 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 63,529,627 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 57,364,759 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 59,154,627 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 56,804,429 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 59,154,627 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 56,804,429 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 61,779,627 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 63,529,627 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 57,364,759 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 2,350,198 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 2,625,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 1,750,000 Loss to the third most recent increase in the state-mandated homestead exemption

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