taxes Property Tax Assistance

2024 ISD Summary Worksheet

Lometa ISD (all splits)   Lampasas County   Mills County  

141-Lampasas/Lampasas County

141-902/Lometa ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 70,468,960 N/A 70,468,960 70,468,960
B - MULTIFAMILY 794,020 N/A 794,020 794,020
C1 - VACANT LOTS 4,861,720 N/A 4,861,720 4,861,720
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,086,883 N/A 12,086,883 12,086,883
D2 - FARM & RANCH IMP 1,884,930 N/A 1,884,930 1,884,930
E - NON-AG LAND AND IMPROVEMENTS 108,394,746 N/A 108,394,746 108,394,746
F1 - COMMERCIAL REAL 7,082,446 N/A 7,082,446 7,082,446
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 59,358,290 N/A 59,358,290 59,358,290
L1 - COMMERCIAL PERSONAL 4,901,230 N/A 4,901,230 4,901,230
L2 - INDUSTRIAL PERSONAL 1,017,980 N/A 1,017,980 1,017,980
M1 - MOBILE HOMES 6,350,399 N/A 6,350,399 6,350,399
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 277,201,604 0 277,201,604 277,201,604
Less Total Deductions 74,332,443 0 74,332,443 74,332,443
Total Taxable Value 202,869,161 0 202,869,161 202,869,161

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 219,689,098 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 202,869,161 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 219,689,098 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 202,869,161 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 226,574,098 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 231,164,098 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 202,869,161 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 219,689,098 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 202,869,161 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 219,689,098 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 202,869,161 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 226,574,098 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 231,164,098 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 202,869,161 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 16,819,937 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 6,885,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 4,590,000 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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167-Mills/Mills County

141-902/Lometa ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 131,830 N/A 131,830 131,830
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 3,582,480 N/A 3,582,480 3,582,480
D2 - FARM & RANCH IMP 1,041,460 N/A 1,041,460 1,041,460
E - NON-AG LAND AND IMPROVEMENTS 16,694,920 N/A 16,694,920 16,694,920
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 5,876,900 N/A 5,876,900 5,876,900
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,924,280 N/A 5,924,280 5,924,280
L1 - COMMERCIAL PERSONAL 179,800 N/A 179,800 179,800
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 225,060 N/A 225,060 225,060
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 33,656,730 0 33,656,730 33,656,730
Less Total Deductions 4,951,212 0 4,951,212 4,951,212
Total Taxable Value 28,705,518 0 28,705,518 28,705,518

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 30,160,527 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 28,705,518 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 30,160,527 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 28,705,518 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 30,625,527 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 30,935,527 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 28,297,772 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 30,160,527 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 28,705,518 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 30,160,527 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 28,705,518 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 30,625,527 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 30,935,527 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 28,297,772 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 1,455,009 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 465,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 310,000 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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141-902-02/Lometa ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 70,600,790 N/A 70,600,790 70,600,790
B - MULTIFAMILY 794,020 N/A 794,020 794,020
C1 - VACANT LOTS 4,861,720 N/A 4,861,720 4,861,720
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,669,363 N/A 15,669,363 15,669,363
D2 - FARM & RANCH IMP 2,926,390 N/A 2,926,390 2,926,390
E - NON-AG LAND AND IMPROVEMENTS 125,089,666 N/A 125,089,666 125,089,666
F1 - COMMERCIAL REAL 7,082,446 N/A 7,082,446 7,082,446
F2 - INDUSTRIAL REAL 5,876,900 N/A 5,876,900 5,876,900
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 65,282,570 N/A 65,282,570 65,282,570
L1 - COMMERCIAL PERSONAL 5,081,030 N/A 5,081,030 5,081,030
L2 - INDUSTRIAL PERSONAL 1,017,980 N/A 1,017,980 1,017,980
M1 - MOBILE HOMES 6,575,459 N/A 6,575,459 6,575,459
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 310,858,334 310,858,334 310,858,334
Less Total Deductions 79,283,655 79,283,655 79,283,655
Total Taxable Value 231,574,679 231,574,679 231,574,679

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 249,849,625 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 231,574,679 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 249,849,625 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 231,574,679 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 257,199,625 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 262,099,625 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 231,166,933 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 249,849,625 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 231,574,679 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 249,849,625 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 231,574,679 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 257,199,625 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 262,099,625 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 231,166,933 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 18,274,946 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 7,350,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 4,900,000 Loss to the third most recent increase in the state-mandated homestead exemption

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