taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

085/Garza

085-903/Southland ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 877,702 N/A 877,702 877,702
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 39,328 N/A 39,328 39,328
D. Rural Real(Taxable) 10,024,176 .7855 12,761,582 10,024,176
F1. Commercial Real 245,302 N/A 245,302 245,302
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 63,910,620 1.0272 62,218,283 63,910,620
J. Utilities 6,577,397 .9627 6,832,240 6,577,397
L1. Commercial Personal 634 N/A 634 634
L2. Industrial Personal 255,198 N/A 255,198 255,198
M. Other Personal 26,932 N/A 26,932 26,932
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 81,957,289 83,257,201 81,957,289
Less Total Deductions 973,918   973,918 973,918
Total Taxable Value 80,983,371 82,283,283 80,983,371 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 3,709,109 .9172 4,043,948
Prod Value Qualified Acres 6,315,067 .7244 8,717,634
Taxable Value 10,024,176   12,761,582

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
81,445,617 80,983,371 81,445,617 80,983,371 81,017,379 81,017,379


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
462,246 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
81,445,617 80,983,371 81,445,617 80,983,371 81,017,379 81,017,379

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

152/Lubbock

085-903/Southland ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 33,774 N/A 33,774 33,774
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 0 N/A 0 0
D. Rural Real(Taxable) 359,014 N/A 359,014 359,014
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 387,980 N/A 387,980 387,980
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
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 780,768 780,768 780,768
Less Total Deductions 25,977   25,977 25,977
Total Taxable Value 754,791 754,791 754,791 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 128,321 N/A 128,321
Prod Value Qualified Acres 230,693 N/A 230,693
Taxable Value 359,014   359,014

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
764,791 754,791 764,791 754,791 754,791 754,791


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,000 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
764,791 754,791 764,791 754,791 754,791 754,791

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

153/Lynn

085-903/Southland ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 3,240 N/A 3,240 3,240
D. Rural Real(Taxable) 6,190,750 N/A 6,190,750 6,190,750
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 234,990 N/A 234,990 234,990
G. Oil, Gas, Minerals 6,069,290 N/A 6,069,290 6,069,290
J. Utilities 1,622,810 N/A 1,622,810 1,622,810
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 723,470 N/A 723,470 723,470
M. Other Personal 29,760 N/A 29,760 29,760
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 14,874,310 14,874,310 14,874,310
Less Total Deductions 498,541   498,541 498,541
Total Taxable Value 14,375,769 14,375,769 14,375,769 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 1,265,500 N/A 1,265,500
Prod Value Qualified Acres 4,925,250 N/A 4,925,250
Taxable Value 6,190,750   6,190,750

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
14,515,769 14,375,769 14,515,769 14,375,769 14,375,769 14,375,769


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
140,000 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
14,515,769 14,375,769 14,515,769 14,375,769 14,375,769 14,375,769

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

085-903/Southland ISD



Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 911,476 N/A 911,476 911,476
B. Multi-Family Residences 0 N/A 0 0
C. Vacant Lots 42,568 N/A 42,568 42,568
D. Rural Real(Taxable) 16,573,940 .8582 19,311,346 16,573,940
F1. Commercial Real 245,302 N/A 245,302 245,302
F2. Industrial Real 234,990 N/A 234,990 234,990
G. Oil, Gas, Minerals 69,979,910 1.0248 68,287,573 69,979,910
J. Utilities 8,588,187 .9712 8,843,030 8,588,187
L1. Commercial Personal 634 N/A 634 634
L2. Industrial Personal 978,668 N/A 978,668 978,668
M. Other Personal 56,692 N/A 56,692 56,692
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 97,612,367 98,912,279 97,612,367
Less Total Deductions 1,498,436   1,498,436 1,498,436
Total Taxable Value 96,113,931 97,413,843 96,113,931 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 5,102,930 .9384 5,437,769
Prod Value Qualified Acres 11,471,010 .8268 13,873,577
Taxable Value 16,573,940   19,311,346

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