taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

077/Floyd

077-902/Lockney ISD

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


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 25,710,560 .9244 27,813,241 25,710,560
B. Multi-Family Residences 94,450 N/A 94,450 94,450
C1. Vacant Lots 302,790 N/A 302,790 302,790
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 35,226,650 .7919 44,484,210 35,226,650
D2. Real Prop Farm & Ranch 940,160 N/A 940,160 940,160
E. Real Prop NonQual Acres 11,448,810 .9712 11,788,313 11,448,810
F1. Commercial Real 3,161,800 N/A 3,161,800 3,161,800
F2. Industrial Real 7,526,070 N/A 7,526,070 7,526,070
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 5,776,610 .9894 5,838,498 5,776,610
L1. Commercial Personal 3,243,350 N/A 3,243,350 3,243,350
L2. Industrial Personal 14,556,290 N/A 14,556,290 14,556,290
M. Other Personal 186,600 N/A 186,600 186,600
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 108,174,140 119,935,772 108,174,140
Less Total Deductions 12,974,236   13,877,346 12,974,236
Total Taxable Value 95,199,904 106,058,426 95,199,904 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
100,585,974 95,199,904 100,585,974 95,199,904 95,199,904 95,199,904


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,386,070 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
100,585,974 95,199,904 100,585,974 95,199,904 95,199,904 95,199,904

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.

095/Hale

077-902/Lockney 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 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 375,753 N/A 375,753 375,753
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 1,366 N/A 1,366 1,366
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 11,430 N/A 11,430 11,430
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 388,549 388,549 388,549
Less Total Deductions 0   0 0
Total Taxable Value 388,549 388,549 388,549 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
388,549 388,549 388,549 388,549 388,549 388,549


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
388,549 388,549 388,549 388,549 388,549 388,549

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

077-902/Lockney ISD



Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 25,710,560 .9244 27,813,241 25,710,560
B. Multi-Family Residences 94,450 N/A 94,450 94,450
C1. Vacant Lots 302,790 N/A 302,790 302,790
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 35,602,403 .7936 44,859,963 35,602,403
D2. Real Prop Farm & Ranch 940,160 N/A 940,160 940,160
E. Real Prop NonQual Acres 11,450,176 .9712 11,789,679 11,450,176
F1. Commercial Real 3,161,800 N/A 3,161,800 3,161,800
F2. Industrial Real 7,526,070 N/A 7,526,070 7,526,070
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 5,788,040 .9894 5,849,928 5,788,040
L1. Commercial Personal 3,243,350 N/A 3,243,350 3,243,350
L2. Industrial Personal 14,556,290 N/A 14,556,290 14,556,290
M. Other Personal 186,600 N/A 186,600 186,600
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 108,562,689 120,324,321 108,562,689
Less Total Deductions 12,974,236   13,877,346 12,974,236
Total Taxable Value 95,588,453 106,446,975 95,588,453 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