taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

085/Garza

085-903/Southland ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 911,415 N/A 911,415 911,415
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 41,048 N/A 41,048 41,048
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,310,143 1.0127 6,230,785 6,310,143
D2. Real Prop Farm & Ranch 825,578 N/A 825,578 825,578
E. Real Prop NonQual Acres 3,329,328 N/A 3,329,328 3,329,328
F1. Commercial Real 307,366 N/A 307,366 307,366
F2. Industrial Real 82,677 N/A 82,677 82,677
G. Oil, Gas, Minerals 49,070,927 1.0458 46,921,904 49,070,927
J. Utilities 7,163,328 1.0242 6,994,071 7,163,328
L1. Commercial Personal 781 N/A 781 781
L2. Industrial Personal 717,219 N/A 717,219 717,219
M. Other Personal 47,563 N/A 47,563 47,563
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 68,807,373 66,409,735 68,807,373
Less Total Deductions 1,432,914   1,432,914 1,432,914
Total Taxable Value 67,374,459 64,976,821 67,374,459 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
67,826,588 67,374,459 67,826,588 67,374,459 67,374,459 67,374,459


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
452,129 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
67,826,588 67,374,459 67,826,588 67,374,459 67,374,459 67,374,459

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

152/Lubbock

085-903/Southland ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 33,774 N/A 33,774 33,774
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) 149,114 N/A 149,114 149,114
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 128,321 N/A 128,321 128,321
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 417,940 N/A 417,940 417,940
L1. Commercial Personal 500 N/A 500 500
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 729,649 729,649 729,649
Less Total Deductions 40,000   40,000 40,000
Total Taxable Value 689,649 689,649 689,649 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
709,649 689,649 709,649 689,649 689,649 689,649


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,000 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
709,649 689,649 709,649 689,649 689,649 689,649

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

153/Lynn

085-903/Southland 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 4,050 N/A 4,050 4,050
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,239,930 N/A 4,239,930 4,239,930
D2. Real Prop Farm & Ranch 181,010 N/A 181,010 181,010
E. Real Prop NonQual Acres 1,148,080 N/A 1,148,080 1,148,080
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 243,540 N/A 243,540 243,540
G. Oil, Gas, Minerals 4,297,630 N/A 4,297,630 4,297,630
J. Utilities 1,735,010 N/A 1,735,010 1,735,010
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 809,580 N/A 809,580 809,580
M. Other Personal 50,250 N/A 50,250 50,250
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 12,709,080 12,709,080 12,709,080
Less Total Deductions 498,316   498,316 498,316
Total Taxable Value 12,210,764 12,210,764 12,210,764 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
12,340,764 12,210,764 12,340,764 12,210,764 12,224,619 12,224,619


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
130,000 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
12,340,764 12,210,764 12,340,764 12,210,764 12,224,619 12,224,619

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

085-903/Southland ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 945,189 N/A 945,189 945,189
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 45,098 N/A 45,098 45,098
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,699,187 1.0075 10,619,829 10,699,187
D2. Real Prop Farm & Ranch 1,006,588 N/A 1,006,588 1,006,588
E. Real Prop NonQual Acres 4,605,729 N/A 4,605,729 4,605,729
F1. Commercial Real 307,366 N/A 307,366 307,366
F2. Industrial Real 326,217 N/A 326,217 326,217
G. Oil, Gas, Minerals 53,368,557 1.0420 51,219,534 53,368,557
J. Utilities 9,316,278 1.0185 9,147,021 9,316,278
L1. Commercial Personal 1,281 N/A 1,281 1,281
L2. Industrial Personal 1,526,799 N/A 1,526,799 1,526,799
M. Other Personal 97,813 N/A 97,813 97,813
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 82,246,102 79,848,464 82,246,102
Less Total Deductions 1,971,230   1,971,230 1,971,230
Total Taxable Value 80,274,872 77,877,234 80,274,872 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