taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

077/Floyd

077-902/Lockney ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 26,174,580 .9502 27,546,390 26,174,580
B. Multi-Family Residences 94,450 N/A 94,450 94,450
C1. Vacant Lots 295,790 N/A 295,790 295,790
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 43,660,020 1.2124 36,011,347 43,660,020
D2. Real Prop Farm & Ranch 1,059,490 N/A 1,059,490 1,059,490
E. Real Prop NonQual Acres 11,462,800 .9076 12,629,793 11,462,800
F1. Commercial Real 3,158,190 N/A 3,158,190 3,158,190
F2. Industrial Real 7,430,930 N/A 7,430,930 7,430,930
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 12,682,230 1.0070 12,594,071 12,682,230
L1. Commercial Personal 3,429,560 N/A 3,429,560 3,429,560
L2. Industrial Personal 13,156,510 N/A 13,156,510 13,156,510
M. Other Personal 166,900 N/A 166,900 166,900
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 122,771,450 117,573,421 122,771,450
Less Total Deductions 16,767,487   17,401,960 16,767,487
Total Taxable Value 106,003,963 100,171,461 106,003,963 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
110,144,993 106,003,963 110,144,993 106,003,963


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,141,030 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
110,144,993 106,003,963 110,144,993 106,003,963

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.

095/Hale

077-902/Lockney 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) 253,303 N/A 253,303 253,303
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 1,366 N/A 1,366 1,366
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 9,140 N/A 9,140 9,140
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 263,809 263,809 263,809
Less Total Deductions 0   0 0
Total Taxable Value 263,809 263,809 263,809 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
263,809 263,809 263,809 263,809


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
263,809 263,809 263,809 263,809

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

077-902/Lockney ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 26,174,580 .9502 27,546,390 26,174,580
B. Multi-Family Residences 94,450 N/A 94,450 94,450
C1. Vacant Lots 295,790 N/A 295,790 295,790
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 43,913,323 1.2109 36,264,650 43,913,323
D2. Real Prop Farm & Ranch 1,059,490 N/A 1,059,490 1,059,490
E. Real Prop NonQual Acres 11,464,166 .9076 12,631,159 11,464,166
F1. Commercial Real 3,158,190 N/A 3,158,190 3,158,190
F2. Industrial Real 7,430,930 N/A 7,430,930 7,430,930
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 12,691,370 1.0070 12,603,211 12,691,370
L1. Commercial Personal 3,429,560 N/A 3,429,560 3,429,560
L2. Industrial Personal 13,156,510 N/A 13,156,510 13,156,510
M. Other Personal 166,900 N/A 166,900 166,900
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 123,035,259 117,837,230 123,035,259
Less Total Deductions 16,767,487   17,401,960 16,767,487
Total Taxable Value 106,267,772 100,435,270 106,267,772 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