taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

054/Crosby

054-902/Lorenzo ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 22,937,160 .9660 23,744,472 22,937,160
B. Multi-Family Residences 288,067 N/A 288,067 288,067
C. Vacant Lots 218,316 N/A 218,316 218,316
D. Rural Real(Taxable) 30,221,596 .8289 36,461,989 30,221,596
F1. Commercial Real 1,951,774 N/A 1,951,774 1,951,774
F2. Industrial Real 751,267 N/A 751,267 751,267
G. Oil, Gas, Minerals 98,935,176 .9921 99,722,988 98,935,176
J. Utilities 4,024,708 N/A 4,024,708 4,024,708
L1. Commercial Personal 2,429,363 N/A 2,429,363 2,429,363
L2. Industrial Personal 9,218,947 N/A 9,218,947 9,218,947
M. Other Personal 0 N/A 0 0
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 2,326,156 N/A 2,326,156 2,326,156
Subtotal 173,302,530 181,138,047 173,302,530
Less Total Deductions 7,544,241   7,792,455 7,544,241
Total Taxable Value 165,758,289 173,345,592 165,758,289 T2*

* This district is in year 1 of the grace period.

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 4,843,036 N/A 4,843,036
Prod Value Qualified Acres 25,378,560 .8026 31,618,953
Taxable Value 30,221,596   36,461,989

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 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 districts that have not entered into value limitation agreements, T1 through T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
168,464,918 165,758,289 168,464,918 165,758,289 165,758,289 165,758,289


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,706,629 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
168,464,918 165,758,289 168,464,918 165,758,289 165,758,289 165,758,289

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value invalid, but local value was certified because your school district is in year one of the grace period.

152/Lubbock

054-902/Lorenzo ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 1,232,364 N/A 1,232,364 1,232,364
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 146,411 N/A 146,411 146,411
D. Rural Real(Taxable) 10,492,442 N/A 10,492,442 10,492,442
F1. Commercial Real 682,820 N/A 682,820 682,820
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 780,720 N/A 780,720 780,720
L1. Commercial Personal 61,673 N/A 61,673 61,673
L2. Industrial Personal 2,126,367 N/A 2,126,367 2,126,367
M. Other Personal 0 N/A 0 0
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 15,522,797 15,522,797 15,522,797
Less Total Deductions 394,468   394,468 394,468
Total Taxable Value 15,128,329 15,128,329 15,128,329 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 2,894,353 N/A 2,894,353
Prod Value Qualified Acres 7,598,089 N/A 7,598,089
Taxable Value 10,492,442   10,492,442

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 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 districts that have not entered into value limitation agreements, T1 through T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
15,278,329 15,128,329 15,278,329 15,128,329 15,128,329 15,128,329


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
150,000 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
15,278,329 15,128,329 15,278,329 15,128,329 15,128,329 15,128,329

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

054-902/Lorenzo ISD



Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 24,169,524 .9677 24,976,836 24,169,524
B. Multi-Family Residences 288,067 N/A 288,067 288,067
C. Vacant Lots 364,727 N/A 364,727 364,727
D. Rural Real(Taxable) 40,714,038 .8671 46,954,431 40,714,038
F1. Commercial Real 2,634,594 N/A 2,634,594 2,634,594
F2. Industrial Real 751,267 N/A 751,267 751,267
G. Oil, Gas, Minerals 98,935,176 .9921 99,722,988 98,935,176
J. Utilities 4,805,428 N/A 4,805,428 4,805,428
L1. Commercial Personal 2,491,036 N/A 2,491,036 2,491,036
L2. Industrial Personal 11,345,314 N/A 11,345,314 11,345,314
M. Other Personal 0 N/A 0 0
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 2,326,156 N/A 2,326,156 2,326,156
Subtotal 188,825,327 196,660,844 188,825,327
Less Total Deductions 7,938,709   8,186,923 7,938,709
Total Taxable Value 180,886,618 188,473,921 180,886,618 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 7,737,389 N/A 7,737,389
Prod Value Qualified Acres 32,976,649 .8409 39,217,042
Taxable Value 40,714,038   46,954,431

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