taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

035/Castro

185-904/Lazbuddie ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 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) 1,156,160 N/A 1,156,160 1,156,160
D2. Real Prop Farm & Ranch 401,140 N/A 401,140 401,140
E. Real Prop NonQual Acres 318,020 N/A 318,020 318,020
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 124,960 N/A 124,960 124,960
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 Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 2,000,280 2,000,280 2,000,280
Less Total Deductions 0   0 0
Total Taxable Value 2,000,280 2,000,280 2,000,280 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
2,000,280 2,000,280 2,000,280 2,000,280 2,000,280 2,000,280


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
2,000,280 2,000,280 2,000,280 2,000,280 2,000,280 2,000,280

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

185/Parmer

185-904/Lazbuddie ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 63,124 N/A 63,124 63,124
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 8,532 N/A 8,532 8,532
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 25,924,971 1.4165 18,301,834 25,924,971
D2. Real Prop Farm & Ranch 2,335,044 N/A 2,335,044 2,335,044
E. Real Prop NonQual Acres 19,335,931 .9502 20,349,328 19,335,931
F1. Commercial Real 182,018 N/A 182,018 182,018
F2. Industrial Real 8,370,087 N/A 8,370,087 8,370,087
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 3,811,850 .9344 4,079,463 3,811,850
L1. Commercial Personal 1,366,062 N/A 1,366,062 1,366,062
L2. Industrial Personal 4,059,605 N/A 4,059,605 4,059,605
M. Other Personal 16,827 N/A 16,827 16,827
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 29,976 N/A 29,976 29,976
Subtotal 65,504,027 59,161,900 65,504,027
Less Total Deductions 4,580,682   4,580,682 4,580,682
Total Taxable Value 60,923,345 54,581,218 60,923,345 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
62,165,001 60,923,345 62,165,001 60,923,345 60,923,345 60,923,345


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,241,656 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
62,165,001 60,923,345 62,165,001 60,923,345 60,923,345 60,923,345

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 local value is greater than PTAD value.

185-904/Lazbuddie ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 63,124 N/A 63,124 63,124
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 8,532 N/A 8,532 8,532
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 27,081,131 1.3918 19,457,994 27,081,131
D2. Real Prop Farm & Ranch 2,736,184 N/A 2,736,184 2,736,184
E. Real Prop NonQual Acres 19,653,951 .9510 20,667,348 19,653,951
F1. Commercial Real 182,018 N/A 182,018 182,018
F2. Industrial Real 8,370,087 N/A 8,370,087 8,370,087
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 3,936,810 .9363 4,204,423 3,936,810
L1. Commercial Personal 1,366,062 N/A 1,366,062 1,366,062
L2. Industrial Personal 4,059,605 N/A 4,059,605 4,059,605
M. Other Personal 16,827 N/A 16,827 16,827
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 29,976 N/A 29,976 29,976
Subtotal 67,504,307 61,162,180 67,504,307
Less Total Deductions 4,580,682   4,580,682 4,580,682
Total Taxable Value 62,923,625 56,581,498 62,923,625 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