taxes Property Tax Assistance

2024 ISD Summary Worksheet

Prairiland ISD (all splits)   Lamar County   Red River County  

139-Lamar/Lamar County

139-912/Prairiland ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 184,806,440 1.0585 174,592,763 184,806,440
B - MULTIFAMILY 6,787,500 N/A 6,787,500 6,787,500
C1 - VACANT LOTS 3,208,500 N/A 3,208,500 3,208,500
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,095,535 0.9111 13,276,469 12,095,535
D2 - FARM & RANCH IMP 13,081,917 N/A 13,081,917 13,081,917
E - NON-AG LAND AND IMPROVEMENTS 342,562,223 0.9889 346,407,345 342,562,223
F1 - COMMERCIAL REAL 39,804,120 0.6978 57,042,304 39,804,120
F2 - INDUSTRIAL REAL 1,538,700 N/A 1,538,700 1,538,700
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 55,448,060 0.9385 59,081,577 55,448,060
L1 - COMMERCIAL PERSONAL 11,440,620 N/A 11,440,620 11,440,620
L2 - INDUSTRIAL PERSONAL 872,468,460 N/A 872,468,460 872,468,460
M1 - MOBILE HOMES 6,072,070 N/A 6,072,070 6,072,070
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 58,380 N/A 58,380 58,380
S - SPECIAL INVENTORY 14,510 N/A 14,510 14,510
Subtotal 1,549,387,035 0 1,565,071,115 1,549,387,035
Less Total Deductions 909,812,583 0 904,323,350 909,812,583
Total Taxable Value 639,574,452 0 660,747,765 639,574,452

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 719,707,935 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 639,574,452 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 719,707,935 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 639,574,452 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 746,857,935 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 764,957,935 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 639,574,452 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 1,356,752,175 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,276,618,692 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,356,752,175 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,276,618,692 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,383,902,175 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,402,002,175 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,276,618,692 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 80,133,483 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 27,150,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 18,100,000 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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194-Red River/Red River County

139-912/Prairiland ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 3,754,305 N/A 3,754,305 3,754,305
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 429,975 N/A 429,975 429,975
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,401,463 N/A 2,401,463 2,401,463
D2 - FARM & RANCH IMP 277,276 N/A 277,276 277,276
E - NON-AG LAND AND IMPROVEMENTS 5,436,010 N/A 5,436,010 5,436,010
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 5,345,241 N/A 5,345,241 5,345,241
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 177,326,680 N/A 177,326,680 177,326,680
M1 - MOBILE HOMES 226,692 N/A 226,692 226,692
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 195,197,642 0 195,197,642 195,197,642
Less Total Deductions 164,232,010 0 164,232,010 164,232,010
Total Taxable Value 30,965,632 0 30,965,632 30,965,632

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 31,968,453 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 30,965,632 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 31,968,453 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 30,965,632 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 32,508,453 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 32,868,453 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 31,322,625 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 192,080,539 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 191,077,718 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 192,080,539 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 191,077,718 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 192,620,539 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 192,980,539 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 191,434,711 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 1,002,821 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 540,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 360,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED.


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139-912-02/Prairiland ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 188,560,745 1.0573 178,347,068 188,560,745
B - MULTIFAMILY 6,787,500 N/A 6,787,500 6,787,500
C1 - VACANT LOTS 3,638,475 N/A 3,638,475 3,638,475
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,496,998 0.9247 15,677,932 14,496,998
D2 - FARM & RANCH IMP 13,359,193 N/A 13,359,193 13,359,193
E - NON-AG LAND AND IMPROVEMENTS 347,998,233 0.9891 351,843,355 347,998,233
F1 - COMMERCIAL REAL 39,804,120 0.6978 57,042,304 39,804,120
F2 - INDUSTRIAL REAL 1,538,700 N/A 1,538,700 1,538,700
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 60,793,301 0.9436 64,426,818 60,793,301
L1 - COMMERCIAL PERSONAL 11,440,620 N/A 11,440,620 11,440,620
L2 - INDUSTRIAL PERSONAL 1,049,795,140 N/A 1,049,795,140 1,049,795,140
M1 - MOBILE HOMES 6,298,762 N/A 6,298,762 6,298,762
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 58,380 N/A 58,380 58,380
S - SPECIAL INVENTORY 14,510 N/A 14,510 14,510
Subtotal 1,744,584,677 1,760,268,757 1,744,584,677
Less Total Deductions 1,074,044,593 1,068,555,360 1,074,044,593
Total Taxable Value 670,540,084 691,713,397 670,540,084

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 751,676,388 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 670,540,084 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 751,676,388 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 670,540,084 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 779,366,388 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 797,826,388 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 670,897,077 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 1,548,832,714 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,467,696,410 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,548,832,714 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,467,696,410 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,576,522,714 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,594,982,714 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,468,053,403 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 81,136,304 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 27,690,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 18,460,000 Loss to the third most recent increase in the state-mandated homestead exemption

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