taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

009/Bailey

009-901/Muleshoe ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 83,826,637 N/A 83,826,637 83,826,637
B. Multi-Family Residences 1,607,737 N/A 1,607,737 1,607,737
C1. Vacant Lots 1,083,921 N/A 1,083,921 1,083,921
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 30,827,384 N/A 30,827,384 30,827,384
D2. Real Prop Farm & Ranch 1,927,506 N/A 1,927,506 1,927,506
E. Real Prop NonQual Acres 27,042,117 N/A 27,042,117 27,042,117
F1. Commercial Real 19,653,813 N/A 19,653,813 19,653,813
F2. Industrial Real 30,831,202 N/A 30,831,202 30,831,202
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 33,907,901 N/A 33,907,901 33,907,901
L1. Commercial Personal 17,544,957 N/A 17,544,957 17,544,957
L2. Industrial Personal 11,263,283 N/A 11,263,283 11,263,283
M. Other Personal 2,967,295 N/A 2,967,295 2,967,295
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 2,004,589 N/A 2,004,589 2,004,589
Subtotal 264,488,342 264,488,342 264,488,342
Less Total Deductions 28,761,487   28,761,487 28,761,487
Total Taxable Value 235,726,855 235,726,855 235,726,855 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
246,938,994 235,726,855 246,938,994 235,726,855 236,103,003 236,103,003


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,212,139 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
246,938,994 235,726,855 246,938,994 235,726,855 236,103,003 236,103,003

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

140/Lamb

009-901/Muleshoe ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 437,070 N/A 437,070 437,070
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) 4,564,290 N/A 4,564,290 4,564,290
D2. Real Prop Farm & Ranch 206,780 N/A 206,780 206,780
E. Real Prop NonQual Acres 2,784,880 N/A 2,784,880 2,784,880
F1. Commercial Real 190,200 N/A 190,200 190,200
F2. Industrial Real 3,079,460 N/A 3,079,460 3,079,460
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 606,420 N/A 606,420 606,420
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 Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 11,869,100 11,869,100 11,869,100
Less Total Deductions 268,863   268,863 268,863
Total Taxable Value 11,600,237 11,600,237 11,600,237 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
11,731,767 11,600,237 11,731,767 11,600,237 11,600,237 11,600,237


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
131,530 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
11,731,767 11,600,237 11,731,767 11,600,237 11,600,237 11,600,237

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

009-901/Muleshoe ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 84,263,707 N/A 84,263,707 84,263,707
B. Multi-Family Residences 1,607,737 N/A 1,607,737 1,607,737
C1. Vacant Lots 1,083,921 N/A 1,083,921 1,083,921
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 35,391,674 N/A 35,391,674 35,391,674
D2. Real Prop Farm & Ranch 2,134,286 N/A 2,134,286 2,134,286
E. Real Prop NonQual Acres 29,826,997 N/A 29,826,997 29,826,997
F1. Commercial Real 19,844,013 N/A 19,844,013 19,844,013
F2. Industrial Real 33,910,662 N/A 33,910,662 33,910,662
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 34,514,321 N/A 34,514,321 34,514,321
L1. Commercial Personal 17,544,957 N/A 17,544,957 17,544,957
L2. Industrial Personal 11,263,283 N/A 11,263,283 11,263,283
M. Other Personal 2,967,295 N/A 2,967,295 2,967,295
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 2,004,589 N/A 2,004,589 2,004,589
Subtotal 276,357,442 276,357,442 276,357,442
Less Total Deductions 29,030,350   29,030,350 29,030,350
Total Taxable Value 247,327,092 247,327,092 247,327,092 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