taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

085/Garza

085-903/Southland ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 892,686 N/A 892,686 892,686
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 40,128 N/A 40,128 40,128
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,312,749 N/A 6,312,749 6,312,749
D2. Real Prop Farm & Ranch 499,659 N/A 499,659 499,659
E. Real Prop NonQual Acres 3,244,927 N/A 3,244,927 3,244,927
F1. Commercial Real 262,769 N/A 262,769 262,769
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 49,922,549 N/A 49,922,549 49,922,549
J. Utilities 7,101,182 N/A 7,101,182 7,101,182
L1. Commercial Personal 868 N/A 868 868
L2. Industrial Personal 631,346 N/A 631,346 631,346
M. Other Personal 46,854 N/A 46,854 46,854
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 68,955,717 68,955,717 68,955,717
Less Total Deductions 998,024   998,024 998,024
Total Taxable Value 67,957,693 67,957,693 67,957,693 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
68,420,948 67,957,693 68,420,948 67,957,693 67,957,693 67,957,693


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
463,255 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
68,420,948 67,957,693 68,420,948 67,957,693 67,957,693 67,957,693

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 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 33,774 N/A 33,774 33,774
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 204,838 N/A 204,838 204,838
D2. Real Prop Farm & Ranch 55,096 N/A 55,096 55,096
E. Real Prop NonQual Acres 73,225 N/A 73,225 73,225
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 412,960 N/A 412,960 412,960
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 779,893 779,893 779,893
Less Total Deductions 41,880   41,880 41,880
Total Taxable Value 738,013 738,013 738,013 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
758,013 738,013 758,013 738,013 738,013 738,013


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,000 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
758,013 738,013 758,013 738,013 738,013 738,013

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 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,350 N/A 1,350 1,350
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,639,680 .9858 4,706,401 4,639,680
D2. Real Prop Farm & Ranch 185,920 N/A 185,920 185,920
E. Real Prop NonQual Acres 1,079,580 .9927 1,087,519 1,079,580
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 234,990 N/A 234,990 234,990
G. Oil, Gas, Minerals 4,405,310 1.0286 4,282,821 4,405,310
J. Utilities 1,730,320 .9120 1,897,281 1,730,320
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 954,180 N/A 954,180 954,180
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 13,261,090 13,380,222 13,261,090
Less Total Deductions 491,394   491,394 491,394
Total Taxable Value 12,769,696 12,888,828 12,769,696 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
12,909,696 12,769,696 12,909,696 12,769,696 12,769,696 12,769,696


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
12,909,696 12,769,696 12,909,696 12,769,696 12,769,696 12,769,696

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 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 926,460 N/A 926,460 926,460
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 41,478 N/A 41,478 41,478
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,157,267 .9941 11,223,988 11,157,267
D2. Real Prop Farm & Ranch 740,675 N/A 740,675 740,675
E. Real Prop NonQual Acres 4,397,732 .9982 4,405,671 4,397,732
F1. Commercial Real 262,769 N/A 262,769 262,769
F2. Industrial Real 234,990 N/A 234,990 234,990
G. Oil, Gas, Minerals 54,327,859 1.0023 54,205,370 54,327,859
J. Utilities 9,244,462 .9823 9,411,423 9,244,462
L1. Commercial Personal 868 N/A 868 868
L2. Industrial Personal 1,585,526 N/A 1,585,526 1,585,526
M. Other Personal 76,614 N/A 76,614 76,614
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 82,996,700 83,115,832 82,996,700
Less Total Deductions 1,531,298   1,531,298 1,531,298
Total Taxable Value 81,465,402 81,584,534 81,465,402 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