taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

139/Lamar

139-912/Prairiland ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 76,859,770 N/A 76,859,770 76,859,770
B. Multi-Family Residences 3,062,030 N/A 3,062,030 3,062,030
C1. Vacant Lots 3,103,400 N/A 3,103,400 3,103,400
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,209,685 N/A 11,209,685 11,209,685
D2. Real Prop Farm & Ranch 4,675,830 N/A 4,675,830 4,675,830
E. Real Prop NonQual Acres 98,418,286 N/A 98,418,286 98,418,286
F1. Commercial Real 6,863,922 N/A 6,863,922 6,863,922
F2. Industrial Real 414,150 N/A 414,150 414,150
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 45,867,560 N/A 45,867,560 45,867,560
L1. Commercial Personal 9,776,170 N/A 9,776,170 9,776,170
L2. Industrial Personal 1,786,010 N/A 1,786,010 1,786,010
M. Other Personal 1,078,330 N/A 1,078,330 1,078,330
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 10,000 N/A 10,000 10,000
S. Special Inventory 13,720 N/A 13,720 13,720
Subtotal 263,138,863 263,138,863 263,138,863
Less Total Deductions 60,693,167   60,693,167 60,693,167
Total Taxable Value 202,445,696 202,445,696 202,445,696 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
216,541,803 202,445,696 216,541,803 202,445,696


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,096,107 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
216,541,803 202,445,696 216,541,803 202,445,696

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

194/Red River

139-912/Prairiland ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,534,392 N/A 1,534,392 1,534,392
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 176,713 N/A 176,713 176,713
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,120,212 N/A 2,120,212 2,120,212
D2. Real Prop Farm & Ranch 91,187 N/A 91,187 91,187
E. Real Prop NonQual Acres 1,181,892 N/A 1,181,892 1,181,892
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 6,836,902 N/A 6,836,902 6,836,902
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 239,162 N/A 239,162 239,162
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 12,299,945 12,299,945 12,299,945
Less Total Deductions 1,299,497   1,299,497 1,299,497
Total Taxable Value 11,000,448 11,000,448 11,000,448 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
11,248,131 11,000,448 11,248,131 11,000,448


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
247,683 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
11,248,131 11,000,448 11,248,131 11,000,448

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

139-912/Prairiland ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 78,394,162 N/A 78,394,162 78,394,162
B. Multi-Family Residences 3,062,030 N/A 3,062,030 3,062,030
C1. Vacant Lots 3,280,113 N/A 3,280,113 3,280,113
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,329,897 N/A 13,329,897 13,329,897
D2. Real Prop Farm & Ranch 4,767,017 N/A 4,767,017 4,767,017
E. Real Prop NonQual Acres 99,600,178 N/A 99,600,178 99,600,178
F1. Commercial Real 6,866,422 N/A 6,866,422 6,866,422
F2. Industrial Real 414,150 N/A 414,150 414,150
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 52,704,462 N/A 52,704,462 52,704,462
L1. Commercial Personal 9,776,170 N/A 9,776,170 9,776,170
L2. Industrial Personal 2,025,172 N/A 2,025,172 2,025,172
M. Other Personal 1,195,315 N/A 1,195,315 1,195,315
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 10,000 N/A 10,000 10,000
S. Special Inventory 13,720 N/A 13,720 13,720
Subtotal 275,438,808 275,438,808 275,438,808
Less Total Deductions 61,992,664   61,992,664 61,992,664
Total Taxable Value 213,446,144 213,446,144 213,446,144 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