taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

139/Lamar

139-912/Prairiland ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 74,937,046 .9342 80,215,207 74,937,046
B. Multi-Family Residences 3,034,520 N/A 3,034,520 3,034,520
C1. Vacant Lots 2,818,975 N/A 2,818,975 2,818,975
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,076,418 1.0333 10,719,367 11,076,418
D2. Real Prop Farm & Ranch 4,279,970 N/A 4,279,970 4,279,970
E. Real Prop NonQual Acres 95,400,559 .9741 97,937,131 95,400,559
F1. Commercial Real 5,539,360 N/A 5,539,360 5,539,360
F2. Industrial Real 430,820 N/A 430,820 430,820
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 42,983,970 .9731 44,172,202 42,983,970
L1. Commercial Personal 9,313,320 N/A 9,313,320 9,313,320
L2. Industrial Personal 1,457,360 N/A 1,457,360 1,457,360
M. Other Personal 942,090 N/A 942,090 942,090
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 15,000 N/A 15,000 15,000
S. Special Inventory 12,840 N/A 12,840 12,840
Subtotal 252,242,248 260,888,162 252,242,248
Less Total Deductions 51,274,841   54,811,876 51,274,841
Total Taxable Value 200,967,407 206,076,286 200,967,407 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
216,476,450 200,967,407 216,476,450 200,967,407 202,517,300 202,517,300


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
15,509,043 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
216,476,450 200,967,407 216,476,450 200,967,407 202,517,300 202,517,300

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

194/Red River

139-912/Prairiland ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 1,597,708 N/A 1,597,708 1,597,708
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 185,969 N/A 185,969 185,969
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,092,426 N/A 2,092,426 2,092,426
D2. Real Prop Farm & Ranch 98,070 N/A 98,070 98,070
E. Real Prop NonQual Acres 1,131,363 N/A 1,131,363 1,131,363
F1. Commercial Real 2,500 N/A 2,500 2,500
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 6,716,122 N/A 6,716,122 6,716,122
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 200,580 N/A 200,580 200,580
M. Other Personal 116,985 N/A 116,985 116,985
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 12,141,723 12,141,723 12,141,723
Less Total Deductions 1,178,382   1,178,382 1,178,382
Total Taxable Value 10,963,341 10,963,341 10,963,341 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
11,255,070 10,963,341 11,255,070 10,963,341 10,986,599 10,986,599


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
291,729 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
11,255,070 10,963,341 11,255,070 10,963,341 10,986,599 10,986,599

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

139-912/Prairiland ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 76,534,754 .9355 81,812,915 76,534,754
B. Multi-Family Residences 3,034,520 N/A 3,034,520 3,034,520
C1. Vacant Lots 3,004,944 N/A 3,004,944 3,004,944
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,168,844 1.0279 12,811,793 13,168,844
D2. Real Prop Farm & Ranch 4,378,040 N/A 4,378,040 4,378,040
E. Real Prop NonQual Acres 96,531,922 .9744 99,068,494 96,531,922
F1. Commercial Real 5,541,860 N/A 5,541,860 5,541,860
F2. Industrial Real 430,820 N/A 430,820 430,820
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 49,700,092 .9767 50,888,324 49,700,092
L1. Commercial Personal 9,313,320 N/A 9,313,320 9,313,320
L2. Industrial Personal 1,657,940 N/A 1,657,940 1,657,940
M. Other Personal 1,059,075 N/A 1,059,075 1,059,075
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 15,000 N/A 15,000 15,000
S. Special Inventory 12,840 N/A 12,840 12,840
Subtotal 264,383,971 273,029,885 264,383,971
Less Total Deductions 52,453,223   55,990,258 52,453,223
Total Taxable Value 211,930,748 217,039,627 211,930,748 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