taxes Property Tax Assistance

2025 ISD Summary Worksheet

Muleshoe ISD (all splits)   Bailey County   Lamb County  

009-Bailey/Bailey County

009-901/Muleshoe ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 128,417,294 0.7762 165,443,564 165,443,564
B - MULTIFAMILY 1,961,736 N/A 1,961,736 1,961,736
C1 - VACANT LOTS 1,305,677 N/A 1,305,677 1,305,677
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 41,232,602 1.2042 34,241,167 34,241,167
D2 - FARM & RANCH IMP 3,327,764 N/A 3,327,764 3,327,764
E - NON-AG LAND AND IMPROVEMENTS 47,018,631 0.6610 71,132,573 71,132,573
F1 - COMMERCIAL REAL 24,173,361 0.8528 28,345,874 28,345,874
F2 - INDUSTRIAL REAL 37,936,363 N/A 37,936,363 37,936,363
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 74,417,216 0.9817 75,804,437 75,804,437
L1 - COMMERCIAL PERSONAL 26,011,548 1.0025 25,946,681 25,946,681
L2 - INDUSTRIAL PERSONAL 38,451,852 N/A 38,451,852 38,451,852
M1 - MOBILE HOMES 7,207,918 N/A 7,207,918 7,207,918
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 4,953,836 N/A 4,953,836 4,953,836
Subtotal 436,415,798 0 496,059,442 496,059,442
Less Total Deductions 87,911,820 0 101,185,952 101,185,952
Total Taxable Value 348,503,978 0 394,873,490 394,873,490

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 406,272,884 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 394,873,490 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 406,272,884 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 394,873,490 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 440,004,447 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 452,051,417 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 395,498,985 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
T19 460,718,035 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 397,938,382 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 406,272,884 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 394,873,490 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 406,272,884 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 394,873,490 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 440,004,447 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 452,051,417 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 395,498,985 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
T20 460,718,035 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 397,938,382 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 11,399,394 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 33,731,563 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 12,046,970 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 8,666,618 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 3,064,892 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE THE VALUES FOR YOUR SCHOOL DISTRICT ARE BELOW THE 90% CUTOFF AND YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE.


Back to top


140-Lamb/Lamb County

009-901/Muleshoe ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 549,180 N/A 549,180 549,180
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 3,791,936 N/A 3,791,936 3,791,936
D2 - FARM & RANCH IMP 216,280 N/A 216,280 216,280
E - NON-AG LAND AND IMPROVEMENTS 3,275,288 N/A 3,275,288 3,275,288
F1 - COMMERCIAL REAL 190,200 N/A 190,200 190,200
F2 - INDUSTRIAL REAL 3,082,820 N/A 3,082,820 3,082,820
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,348,410 N/A 1,348,410 1,348,410
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 2,980 N/A 2,980 2,980
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 12,457,094 0 12,457,094 12,457,094
Less Total Deductions 868,930 0 868,930 868,930
Total Taxable Value 11,588,164 0 11,588,164 11,588,164

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 11,707,822 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 11,588,164 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 11,707,822 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 11,588,164 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 11,980,881 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 12,113,271 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 11,588,164 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
T19 12,208,480 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 11,648,650 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 11,707,822 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 11,588,164 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 11,707,822 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 11,588,164 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 11,980,881 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 12,113,271 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 11,588,164 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
T20 12,208,480 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 11,648,650 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 119,658 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 273,059 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 132,390 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 95,209 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 60,486 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


Back to top


009-901-02/Muleshoe ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 128,966,474 0.7769 165,992,744 165,992,744
B - MULTIFAMILY 1,961,736 N/A 1,961,736 1,961,736
C1 - VACANT LOTS 1,305,677 N/A 1,305,677 1,305,677
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 45,024,538 1.1838 38,033,103 38,033,103
D2 - FARM & RANCH IMP 3,544,044 N/A 3,544,044 3,544,044
E - NON-AG LAND AND IMPROVEMENTS 50,293,919 0.6759 74,407,861 74,407,861
F1 - COMMERCIAL REAL 24,363,561 0.8538 28,536,074 28,536,074
F2 - INDUSTRIAL REAL 41,019,183 N/A 41,019,183 41,019,183
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 75,765,626 0.9820 77,152,847 77,152,847
L1 - COMMERCIAL PERSONAL 26,011,548 1.0025 25,946,681 25,946,681
L2 - INDUSTRIAL PERSONAL 38,451,852 N/A 38,451,852 38,451,852
M1 - MOBILE HOMES 7,210,898 N/A 7,210,898 7,210,898
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 4,953,836 N/A 4,953,836 4,953,836
Subtotal 448,872,892 508,516,536 508,516,536
Less Total Deductions 88,780,750 102,054,882 102,054,882
Total Taxable Value 360,092,142 406,461,654 406,461,654

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 417,980,706 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 406,461,654 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 417,980,706 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 406,461,654 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 451,985,328 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 464,164,688 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 407,087,149 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
T19 472,926,515 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 409,587,032 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 417,980,706 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 406,461,654 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 417,980,706 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 406,461,654 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 451,985,328 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 464,164,688 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 407,087,149 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
T20 472,926,515 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 409,587,032 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 11,519,052 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 34,004,622 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 12,179,360 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 8,761,827 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 3,125,378 Loss to the increase in the Over-65/Disabled Homestead

Back to top