taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

074/Fannin

139-911/North Lamar 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) 338,320 N/A 338,320 338,320
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 21,330 N/A 21,330 21,330
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 1,554,840 N/A 1,554,840 1,554,840
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 1,914,490 1,914,490 1,914,490
Less Total Deductions 0   0 0
Total Taxable Value 1,914,490 1,914,490 1,914,490 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
1,914,490 1,914,490 1,914,490 1,914,490


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
1,914,490 1,914,490 1,914,490 1,914,490

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/Lamar

139-911/North Lamar ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 405,928,577 .9123 444,950,759 405,928,577
B. Multi-Family Residences 11,190,562 N/A 11,190,562 11,190,562
C1. Vacant Lots 15,512,641 N/A 15,512,641 15,512,641
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 17,364,133 .9476 18,324,381 17,364,133
D2. Real Prop Farm & Ranch 9,736,813 N/A 9,736,813 9,736,813
E. Real Prop NonQual Acres 237,181,472 .9428 251,571,353 237,181,472
F1. Commercial Real 106,278,009 .9144 116,227,044 106,278,009
F2. Industrial Real 163,185,204 N/A 163,185,204 163,185,204
G. Oil, Gas, Minerals 20,820 N/A 20,820 20,820
J. Utilities 46,446,440 N/A 46,446,440 46,446,440
L1. Commercial Personal 60,015,520 .9725 61,712,617 60,015,520
L2. Industrial Personal 197,973,760 N/A 197,973,760 197,973,760
M. Other Personal 2,454,960 N/A 2,454,960 2,454,960
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,573,480 N/A 1,573,480 1,573,480
S. Special Inventory 4,453,800 N/A 4,453,800 4,453,800
Subtotal 1,279,316,191 1,345,334,634 1,279,316,191
Less Total Deductions 207,326,019   223,407,371 207,326,019
Total Taxable Value 1,071,990,172 1,121,927,263 1,071,990,172 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
1,114,483,555 1,071,990,172 1,114,483,555 1,071,990,172


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
42,493,383 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
1,114,483,555 1,071,990,172 1,114,483,555 1,071,990,172

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 your school district is in year two of the grace period.

139-911/North Lamar ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 405,928,577 .9123 444,950,759 405,928,577
B. Multi-Family Residences 11,190,562 N/A 11,190,562 11,190,562
C1. Vacant Lots 15,512,641 N/A 15,512,641 15,512,641
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 17,702,453 .9485 18,662,701 17,702,453
D2. Real Prop Farm & Ranch 9,736,813 N/A 9,736,813 9,736,813
E. Real Prop NonQual Acres 237,202,802 .9428 251,592,683 237,202,802
F1. Commercial Real 106,278,009 .9144 116,227,044 106,278,009
F2. Industrial Real 163,185,204 N/A 163,185,204 163,185,204
G. Oil, Gas, Minerals 20,820 N/A 20,820 20,820
J. Utilities 48,001,280 N/A 48,001,280 48,001,280
L1. Commercial Personal 60,015,520 .9725 61,712,617 60,015,520
L2. Industrial Personal 197,973,760 N/A 197,973,760 197,973,760
M. Other Personal 2,454,960 N/A 2,454,960 2,454,960
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,573,480 N/A 1,573,480 1,573,480
S. Special Inventory 4,453,800 N/A 4,453,800 4,453,800
Subtotal 1,281,230,681 1,347,249,124 1,281,230,681
Less Total Deductions 207,326,019   223,407,371 207,326,019
Total Taxable Value 1,073,904,662 1,123,841,753 1,073,904,662 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