taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

009/Bailey

009-901/Muleshoe ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 83,958,507 .9551 87,905,462 83,958,507
B. Multi-Family Residences 1,632,493 N/A 1,632,493 1,632,493
C1. Vacant Lots 1,086,172 N/A 1,086,172 1,086,172
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 29,535,667 1.7729 16,659,451 29,535,667
D2. Real Prop Farm & Ranch 1,983,057 N/A 1,983,057 1,983,057
E. Real Prop NonQual Acres 27,206,204 .9856 27,603,697 27,206,204
F1. Commercial Real 19,889,288 .9785 20,326,304 19,889,288
F2. Industrial Real 31,260,147 N/A 31,260,147 31,260,147
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 38,993,461 1.0536 37,009,739 38,993,461
L1. Commercial Personal 19,427,405 .9790 19,844,132 19,427,405
L2. Industrial Personal 19,992,037 N/A 19,992,037 19,992,037
M. Other Personal 2,858,730 N/A 2,858,730 2,858,730
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 2,116,235 N/A 2,116,235 2,116,235
Subtotal 279,939,403 270,277,656 279,939,403
Less Total Deductions 36,604,717   37,980,790 36,604,717
Total Taxable Value 243,334,686 232,296,866 243,334,686 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
252,324,132 243,334,686 252,324,132 243,334,686


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,989,446 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
252,324,132 243,334,686 252,324,132 243,334,686

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

140/Lamb

009-901/Muleshoe ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 437,070 N/A 437,070 437,070
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) 4,551,000 N/A 4,551,000 4,551,000
D2. Real Prop Farm & Ranch 206,780 N/A 206,780 206,780
E. Real Prop NonQual Acres 2,639,240 N/A 2,639,240 2,639,240
F1. Commercial Real 190,200 N/A 190,200 190,200
F2. Industrial Real 3,079,460 N/A 3,079,460 3,079,460
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 621,400 N/A 621,400 621,400
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 11,725,150 11,725,150 11,725,150
Less Total Deductions 326,509   326,509 326,509
Total Taxable Value 11,398,641 11,398,641 11,398,641 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
11,492,891 11,398,641 11,492,891 11,398,641


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
94,250 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
11,492,891 11,398,641 11,492,891 11,398,641

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

009-901/Muleshoe ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 84,395,577 .9553 88,342,532 84,395,577
B. Multi-Family Residences 1,632,493 N/A 1,632,493 1,632,493
C1. Vacant Lots 1,086,172 N/A 1,086,172 1,086,172
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 34,086,667 1.6071 21,210,451 34,086,667
D2. Real Prop Farm & Ranch 2,189,837 N/A 2,189,837 2,189,837
E. Real Prop NonQual Acres 29,845,444 .9869 30,242,937 29,845,444
F1. Commercial Real 20,079,488 .9787 20,516,504 20,079,488
F2. Industrial Real 34,339,607 N/A 34,339,607 34,339,607
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 39,614,861 1.0527 37,631,139 39,614,861
L1. Commercial Personal 19,427,405 .9790 19,844,132 19,427,405
L2. Industrial Personal 19,992,037 N/A 19,992,037 19,992,037
M. Other Personal 2,858,730 N/A 2,858,730 2,858,730
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 2,116,235 N/A 2,116,235 2,116,235
Subtotal 291,664,553 282,002,806 291,664,553
Less Total Deductions 36,931,226   38,307,299 36,931,226
Total Taxable Value 254,733,327 243,695,507 254,733,327 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