taxes Property Tax Assistance

2016 ISD Summary Worksheet

090/Gray

090-902/Lefors ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 7,592,100 N/A 7,592,100 7,592,100
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 317,410 N/A 317,410 317,410
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,342,590 .9815 3,405,612 3,342,590
D2. Real Prop Farm & Ranch 169,400 N/A 169,400 169,400
E. Real Prop NonQual Acres 5,978,450 N/A 5,978,450 5,978,450
F1. Commercial Real 379,270 N/A 379,270 379,270
F2. Industrial Real 156,450 N/A 156,450 156,450
G. Oil, Gas, Minerals 30,045,650 1.0114 29,706,990 30,045,650
J. Utilities 44,322,850 N/A 44,322,850 44,322,850
L1. Commercial Personal 1,571,350 N/A 1,571,350 1,571,350
L2. Industrial Personal 2,820,390 N/A 2,820,390 2,820,390
M. Other Personal 232,880 N/A 232,880 232,880
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 96,928,790 96,653,152 96,928,790
Less Total Deductions 4,919,928   4,919,928 4,919,928
Total Taxable Value 92,008,862 91,733,224 92,008,862 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
92,560,152 92,008,862 92,560,152 92,008,862


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
551,290 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
92,560,152 92,008,862 92,560,152 92,008,862

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