taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

054/Crosby

054-902/Lorenzo ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 22,788,409 N/A 22,788,409 22,788,409
B. Multi-Family Residences 288,067 N/A 288,067 288,067
C1. Vacant Lots 221,751 N/A 221,751 221,751
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 25,805,442 N/A 25,805,442 25,805,442
D2. Real Prop Farm & Ranch 1,341,341 N/A 1,341,341 1,341,341
E. Real Prop NonQual Acres 3,438,823 N/A 3,438,823 3,438,823
F1. Commercial Real 1,997,976 N/A 1,997,976 1,997,976
F2. Industrial Real 636,878 N/A 636,878 636,878
G. Oil, Gas, Minerals 96,147,861 N/A 96,147,861 96,147,861
J. Utilities 4,134,189 N/A 4,134,189 4,134,189
L1. Commercial Personal 2,592,878 N/A 2,592,878 2,592,878
L2. Industrial Personal 10,122,074 N/A 10,122,074 10,122,074
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 2,446,611 N/A 2,446,611 2,446,611
Subtotal 171,962,300 171,962,300 171,962,300
Less Total Deductions 6,830,178   6,830,178 6,830,178
Total Taxable Value 165,132,122 165,132,122 165,132,122 T2

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
167,769,821 165,132,122 167,769,821 165,132,122 165,132,122 165,132,122


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,637,699 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
167,769,821 165,132,122 167,769,821 165,132,122 165,132,122 165,132,122

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

054-902/Lorenzo ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 1,219,973 N/A 1,219,973 1,219,973
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 146,611 N/A 146,611 146,611
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,016,180 N/A 7,016,180 7,016,180
D2. Real Prop Farm & Ranch 859,961 N/A 859,961 859,961
E. Real Prop NonQual Acres 2,142,449 N/A 2,142,449 2,142,449
F1. Commercial Real 691,883 N/A 691,883 691,883
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 904,160 N/A 904,160 904,160
L1. Commercial Personal 39,929 N/A 39,929 39,929
L2. Industrial Personal 3,279,006 N/A 3,279,006 3,279,006
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 16,300,152 16,300,152 16,300,152
Less Total Deductions 410,603   410,603 410,603
Total Taxable Value 15,889,549 15,889,549 15,889,549 T2

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
16,069,549 15,889,549 16,069,549 15,889,549 15,889,549 15,889,549


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
180,000 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
16,069,549 15,889,549 16,069,549 15,889,549 15,889,549 15,889,549

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 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 24,008,382 N/A 24,008,382 24,008,382
B. Multi-Family Residences 288,067 N/A 288,067 288,067
C1. Vacant Lots 368,362 N/A 368,362 368,362
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 32,821,622 N/A 32,821,622 32,821,622
D2. Real Prop Farm & Ranch 2,201,302 N/A 2,201,302 2,201,302
E. Real Prop NonQual Acres 5,581,272 N/A 5,581,272 5,581,272
F1. Commercial Real 2,689,859 N/A 2,689,859 2,689,859
F2. Industrial Real 636,878 N/A 636,878 636,878
G. Oil, Gas, Minerals 96,147,861 N/A 96,147,861 96,147,861
J. Utilities 5,038,349 N/A 5,038,349 5,038,349
L1. Commercial Personal 2,632,807 N/A 2,632,807 2,632,807
L2. Industrial Personal 13,401,080 N/A 13,401,080 13,401,080
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 2,446,611 N/A 2,446,611 2,446,611
Subtotal 188,262,452 188,262,452 188,262,452
Less Total Deductions 7,240,781   7,240,781 7,240,781
Total Taxable Value 181,021,671 181,021,671 181,021,671 T2

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