taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

077/Floyd

077-902/Lockney ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 25,997,310 .9297 27,963,117 25,997,310
B. Multi-Family Residences 94,450 N/A 94,450 94,450
C1. Vacant Lots 298,400 N/A 298,400 298,400
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 40,676,300 1.0248 39,693,733 40,676,300
D2. Real Prop Farm & Ranch 1,070,580 N/A 1,070,580 1,070,580
E. Real Prop NonQual Acres 11,442,210 .8435 13,565,157 11,442,210
F1. Commercial Real 3,179,130 N/A 3,179,130 3,179,130
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 10,257,450 N/A 10,257,450 10,257,450
L1. Commercial Personal 2,764,300 N/A 2,764,300 2,764,300
L2. Industrial Personal 14,577,190 N/A 14,577,190 14,577,190
M. Other Personal 186,600 N/A 186,600 186,600
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 118,069,990 121,176,177 118,069,990
Less Total Deductions 13,056,662   13,925,171 13,056,662
Total Taxable Value 105,013,328 107,251,006 105,013,328 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
110,385,958 105,013,328 110,385,958 105,013,328 105,013,328 105,013,328


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,372,630 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
110,385,958 105,013,328 110,385,958 105,013,328 105,013,328 105,013,328

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

095/Hale

077-902/Lockney 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) 375,752 N/A 375,752 375,752
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 9,950 N/A 9,950 9,950
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 387,068 387,068 387,068
Less Total Deductions 0   0 0
Total Taxable Value 387,068 387,068 387,068 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
387,068 387,068 387,068 387,068 387,068 387,068


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
387,068 387,068 387,068 387,068 387,068 387,068

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 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 25,997,310 .9297 27,963,117 25,997,310
B. Multi-Family Residences 94,450 N/A 94,450 94,450
C1. Vacant Lots 298,400 N/A 298,400 298,400
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 41,052,052 1.0245 40,069,485 41,052,052
D2. Real Prop Farm & Ranch 1,070,580 N/A 1,070,580 1,070,580
E. Real Prop NonQual Acres 11,443,576 .8435 13,566,523 11,443,576
F1. Commercial Real 3,179,130 N/A 3,179,130 3,179,130
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 10,267,400 N/A 10,267,400 10,267,400
L1. Commercial Personal 2,764,300 N/A 2,764,300 2,764,300
L2. Industrial Personal 14,577,190 N/A 14,577,190 14,577,190
M. Other Personal 186,600 N/A 186,600 186,600
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 118,457,058 121,563,245 118,457,058
Less Total Deductions 13,056,662   13,925,171 13,056,662
Total Taxable Value 105,400,396 107,638,074 105,400,396 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