taxes Property Tax Assistance

2025 ISD Summary Worksheet

Lefors ISD (all splits)   Gray County  

090-Gray/Gray County

090-902/Lefors ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 12,293,190 0.7245 16,967,826 12,293,190
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 214,270 N/A 214,270 214,270
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,950,090 1.3792 2,138,924 2,950,090
D2 - FARM & RANCH IMP 312,320 N/A 312,320 312,320
E - NON-AG LAND AND IMPROVEMENTS 9,092,160 1.0821 8,402,329 9,092,160
F1 - COMMERCIAL REAL 275,590 N/A 275,590 275,590
F2 - INDUSTRIAL REAL 169,750 N/A 169,750 169,750
G - ALL MINERALS 62,296,200 1.0564 58,970,276 62,296,200
J - ALL UTILITIES 47,711,500 1.0072 47,370,433 47,711,500
L1 - COMMERCIAL PERSONAL 568,790 N/A 568,790 568,790
L2 - INDUSTRIAL PERSONAL 428,340 N/A 428,340 428,340
M1 - MOBILE HOMES 428,900 N/A 428,900 428,900
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 136,741,100 0 136,247,748 136,741,100
Less Total Deductions 22,976,819 0 24,590,757 22,976,819
Total Taxable Value 113,764,281 0 111,656,991 113,764,281

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 114,320,394 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 113,764,281 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 114,320,394 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 113,764,281 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 116,883,493 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 118,032,262 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 113,765,657 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 119,070,626 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 113,930,831 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 114,320,394 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 113,764,281 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 114,320,394 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 113,764,281 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 116,883,493 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 118,032,262 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 113,765,657 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 119,070,626 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 113,930,831 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 556,113 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 2,563,099 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 1,148,769 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 1,038,364 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 166,550 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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090-902-02/Lefors ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 12,293,190 0.7245 16,967,826 12,293,190
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 214,270 N/A 214,270 214,270
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,950,090 1.3792 2,138,924 2,950,090
D2 - FARM & RANCH IMP 312,320 N/A 312,320 312,320
E - NON-AG LAND AND IMPROVEMENTS 9,092,160 1.0821 8,402,329 9,092,160
F1 - COMMERCIAL REAL 275,590 N/A 275,590 275,590
F2 - INDUSTRIAL REAL 169,750 N/A 169,750 169,750
G - ALL MINERALS 62,296,200 1.0564 58,970,276 62,296,200
J - ALL UTILITIES 47,711,500 1.0072 47,370,433 47,711,500
L1 - COMMERCIAL PERSONAL 568,790 N/A 568,790 568,790
L2 - INDUSTRIAL PERSONAL 428,340 N/A 428,340 428,340
M1 - MOBILE HOMES 428,900 N/A 428,900 428,900
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 136,741,100 136,247,748 136,741,100
Less Total Deductions 22,976,819 24,590,757 22,976,819
Total Taxable Value 113,764,281 111,656,991 113,764,281

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 114,320,394 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 113,764,281 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 114,320,394 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 113,764,281 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 116,883,493 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 118,032,262 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 113,765,657 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 119,070,626 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 113,930,831 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 114,320,394 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 113,764,281 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 114,320,394 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 113,764,281 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 116,883,493 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 118,032,262 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 113,765,657 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 119,070,626 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 113,930,831 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 556,113 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 2,563,099 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 1,148,769 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 1,038,364 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 166,550 Loss to the increase in the Over-65/Disabled Homestead

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