taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

035/Castro

185-904/Lazbuddie 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 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,118,840 N/A 1,118,840 1,118,840
D2. Real Prop Farm & Ranch 401,140 N/A 401,140 401,140
E. Real Prop NonQual Acres 323,830 N/A 323,830 323,830
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 124,250 N/A 124,250 124,250
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 1,968,060 1,968,060 1,968,060
Less Total Deductions 0   0 0
Total Taxable Value 1,968,060 1,968,060 1,968,060 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
1,968,060 1,968,060 1,968,060 1,968,060


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

Value Taxable For I&S Purposes

T7 T8 T9 T10
1,968,060 1,968,060 1,968,060 1,968,060

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

185/Parmer

185-904/Lazbuddie ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 132,639 N/A 132,639 132,639
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 9,732 N/A 9,732 9,732
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 24,926,047 1.4771 16,875,167 24,926,047
D2. Real Prop Farm & Ranch 2,033,965 N/A 2,033,965 2,033,965
E. Real Prop NonQual Acres 20,814,360 1.0225 20,356,342 20,814,360
F1. Commercial Real 301,694 N/A 301,694 301,694
F2. Industrial Real 9,821,054 N/A 9,821,054 9,821,054
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 4,021,620 .8911 4,513,096 4,021,620
L1. Commercial Personal 5,818,472 N/A 5,818,472 5,818,472
L2. Industrial Personal 4,431,092 N/A 4,431,092 4,431,092
M. Other Personal 7,574 N/A 7,574 7,574
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 20,501 N/A 20,501 20,501
Subtotal 72,338,750 64,321,328 72,338,750
Less Total Deductions 5,153,906   5,153,906 5,153,906
Total Taxable Value 67,184,844 59,167,422 67,184,844 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
68,328,214 67,184,844 68,328,214 67,184,844


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,143,370 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
68,328,214 67,184,844 68,328,214 67,184,844

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 invalid, but local value was certified because local value is greater than PTAD value.

185-904/Lazbuddie ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 132,639 N/A 132,639 132,639
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 9,732 N/A 9,732 9,732
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 26,044,887 1.4474 17,994,007 26,044,887
D2. Real Prop Farm & Ranch 2,435,105 N/A 2,435,105 2,435,105
E. Real Prop NonQual Acres 21,138,190 1.0221 20,680,172 21,138,190
F1. Commercial Real 301,694 N/A 301,694 301,694
F2. Industrial Real 9,821,054 N/A 9,821,054 9,821,054
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 4,145,870 .8940 4,637,346 4,145,870
L1. Commercial Personal 5,818,472 N/A 5,818,472 5,818,472
L2. Industrial Personal 4,431,092 N/A 4,431,092 4,431,092
M. Other Personal 7,574 N/A 7,574 7,574
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 20,501 N/A 20,501 20,501
Subtotal 74,306,810 66,289,388 74,306,810
Less Total Deductions 5,153,906   5,153,906 5,153,906
Total Taxable Value 69,152,904 61,135,482 69,152,904 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