taxes Property Tax Assistance

2025 ISD Summary Worksheet

Springlake-Earth ISD (all splits)   Castro County   Lamb County  

035-Castro/Castro County

140-907/Springlake-Earth ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 0 N/A 0 0
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 13,368,590 1.9308 6,923,858 13,368,590
D2 - FARM & RANCH IMP 1,006,320 N/A 1,006,320 1,006,320
E - NON-AG LAND AND IMPROVEMENTS 6,204,790 0.9578 6,478,169 6,204,790
F1 - COMMERCIAL REAL 224,430 N/A 224,430 224,430
F2 - INDUSTRIAL REAL 12,758,030 N/A 12,758,030 12,758,030
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 4,417,200 N/A 4,417,200 4,417,200
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 2,145,410 N/A 2,145,410 2,145,410
M1 - MOBILE HOMES 45,630 N/A 45,630 45,630
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 40,170,400 0 33,999,047 40,170,400
Less Total Deductions 3,108,486 0 3,108,486 3,108,486
Total Taxable Value 37,061,914 0 30,890,561 37,061,914

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 37,313,574 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 37,061,914 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 37,313,574 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 37,061,914 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 37,944,260 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 38,164,033 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 37,061,914 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 38,326,250 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 37,061,914 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 37,313,574 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 37,061,914 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 37,313,574 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 37,061,914 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 37,944,260 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 38,164,033 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 37,061,914 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 38,326,250 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 37,061,914 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 251,660 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 630,686 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 219,773 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 162,217 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 0 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE.


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140-Lamb/Lamb County

140-907/Springlake-Earth ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 30,770,961 0.8922 34,488,860 30,770,961
B - MULTIFAMILY 32,560 N/A 32,560 32,560
C1 - VACANT LOTS 236,890 N/A 236,890 236,890
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,079,744 1.9538 7,718,066 15,079,744
D2 - FARM & RANCH IMP 1,301,070 N/A 1,301,070 1,301,070
E - NON-AG LAND AND IMPROVEMENTS 15,592,941 0.8299 18,788,940 15,592,941
F1 - COMMERCIAL REAL 2,507,040 N/A 2,507,040 2,507,040
F2 - INDUSTRIAL REAL 1,606,220 N/A 1,606,220 1,606,220
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 13,360,770 N/A 13,360,770 13,360,770
L1 - COMMERCIAL PERSONAL 1,517,860 N/A 1,517,860 1,517,860
L2 - INDUSTRIAL PERSONAL 2,894,340 N/A 2,894,340 2,894,340
M1 - MOBILE HOMES 1,417,660 N/A 1,417,660 1,417,660
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 86,318,056 0 85,870,276 86,318,056
Less Total Deductions 22,031,414 0 23,500,170 22,031,414
Total Taxable Value 64,286,642 0 62,370,106 64,286,642

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 66,991,337 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 64,286,642 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 66,991,337 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 64,286,642 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 74,264,047 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 77,183,507 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 64,488,848 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 79,349,859 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 64,889,402 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 66,991,337 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 64,286,642 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 66,991,337 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 64,286,642 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 74,264,047 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 77,183,507 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 64,488,848 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 79,349,859 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 64,889,402 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,704,695 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 7,272,710 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 2,919,460 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 2,166,352 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 602,760 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


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140-907-02/Springlake-Earth ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 30,770,961 0.8922 34,488,860 30,770,961
B - MULTIFAMILY 32,560 N/A 32,560 32,560
C1 - VACANT LOTS 236,890 N/A 236,890 236,890
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 28,448,334 1.9429 14,641,924 28,448,334
D2 - FARM & RANCH IMP 2,307,390 N/A 2,307,390 2,307,390
E - NON-AG LAND AND IMPROVEMENTS 21,797,731 0.8627 25,267,109 21,797,731
F1 - COMMERCIAL REAL 2,731,470 N/A 2,731,470 2,731,470
F2 - INDUSTRIAL REAL 14,364,250 N/A 14,364,250 14,364,250
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 17,777,970 N/A 17,777,970 17,777,970
L1 - COMMERCIAL PERSONAL 1,517,860 N/A 1,517,860 1,517,860
L2 - INDUSTRIAL PERSONAL 5,039,750 N/A 5,039,750 5,039,750
M1 - MOBILE HOMES 1,463,290 N/A 1,463,290 1,463,290
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 126,488,456 119,869,323 126,488,456
Less Total Deductions 25,139,900 26,608,656 25,139,900
Total Taxable Value 101,348,556 93,260,667 101,348,556

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 104,304,911 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 101,348,556 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 104,304,911 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 101,348,556 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 112,208,307 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 115,347,540 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 101,550,762 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 117,676,109 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 101,951,316 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 104,304,911 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 101,348,556 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 104,304,911 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 101,348,556 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 112,208,307 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 115,347,540 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 101,550,762 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 117,676,109 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 101,951,316 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,956,355 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 7,903,396 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 3,139,233 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 2,328,569 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 602,760 Loss to the increase in the Over-65/Disabled Homestead

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