taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

085/Garza

085-903/Southland ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 941,264 N/A 941,264 941,264
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 40,488 N/A 40,488 40,488
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,310,143 N/A 6,310,143 6,310,143
D2. Real Prop Farm & Ranch 818,462 N/A 818,462 818,462
E. Real Prop NonQual Acres 3,373,428 N/A 3,373,428 3,373,428
F1. Commercial Real 307,366 N/A 307,366 307,366
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 29,692,812 N/A 29,692,812 29,692,812
J. Utilities 8,025,293 N/A 8,025,293 8,025,293
L1. Commercial Personal 2,199 N/A 2,199 2,199
L2. Industrial Personal 631,862 N/A 631,862 631,862
M. Other Personal 32,241 N/A 32,241 32,241
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 50,175,558 50,175,558 50,175,558
Less Total Deductions 1,376,794   1,376,794 1,376,794
Total Taxable Value 48,798,764 48,798,764 48,798,764 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
49,093,972 48,798,764 49,093,972 48,798,764


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
295,208 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
49,093,972 48,798,764 49,093,972 48,798,764

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

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 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 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) 104,351 N/A 104,351 104,351
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 479,800 N/A 479,800 479,800
L1. Commercial Personal 1,500 N/A 1,500 1,500
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 747,746 747,746 747,746
Less Total Deductions 60,000   60,000 60,000
Total Taxable Value 687,746 687,746 687,746 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
707,746 687,746 707,746 687,746


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

Value Taxable For I&S Purposes

T7 T8 T9 T10
707,746 687,746 707,746 687,746

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

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 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 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) 3,676,280 1.0090 3,643,493 3,676,280
D2. Real Prop Farm & Ranch 188,600 N/A 188,600 188,600
E. Real Prop NonQual Acres 1,149,350 .9286 1,237,723 1,149,350
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 243,540 N/A 243,540 243,540
G. Oil, Gas, Minerals 2,282,690 1.0645 2,144,378 2,282,690
J. Utilities 1,744,300 1.0044 1,736,659 1,744,300
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 483,910 N/A 483,910 483,910
M. Other Personal 48,810 N/A 48,810 48,810
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 9,821,530 9,731,163 9,821,530
Less Total Deductions 563,361   563,361 563,361
Total Taxable Value 9,258,169 9,167,802 9,258,169 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
9,365,199 9,258,169 9,365,199 9,258,169


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
107,030 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
9,365,199 9,258,169 9,365,199 9,258,169

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

The PVS found your local value to be valid, and local value was certified

085-903/Southland ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 975,038 N/A 975,038 975,038
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 44,538 N/A 44,538 44,538
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,090,774 1.0033 10,057,987 10,090,774
D2. Real Prop Farm & Ranch 1,007,062 N/A 1,007,062 1,007,062
E. Real Prop NonQual Acres 4,651,099 .9814 4,739,472 4,651,099
F1. Commercial Real 307,366 N/A 307,366 307,366
F2. Industrial Real 243,540 N/A 243,540 243,540
G. Oil, Gas, Minerals 31,975,502 1.0043 31,837,190 31,975,502
J. Utilities 10,249,393 1.0007 10,241,752 10,249,393
L1. Commercial Personal 3,699 N/A 3,699 3,699
L2. Industrial Personal 1,115,772 N/A 1,115,772 1,115,772
M. Other Personal 81,051 N/A 81,051 81,051
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 60,744,834 60,654,467 60,744,834
Less Total Deductions 2,000,155   2,000,155 2,000,155
Total Taxable Value 58,744,679 58,654,312 58,744,679 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