taxes Property Tax Assistance

2016 ISD Summary Worksheet

085/Garza

085-903/Southland ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 618,874 N/A 618,874 618,874
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 33,618 N/A 33,618 33,618
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,570,585 1.1091 5,924,275 6,570,585
D2. Real Prop Farm & Ranch 818,462 N/A 818,462 818,462
E. Real Prop NonQual Acres 3,803,207 .6965 5,460,455 3,803,207
F1. Commercial Real 436,458 N/A 436,458 436,458
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 10,923,616 1.0030 10,890,943 10,923,616
J. Utilities 7,584,862 1.0463 7,249,223 7,584,862
L1. Commercial Personal 28,561 N/A 28,561 28,561
L2. Industrial Personal 1,029,834 N/A 1,029,834 1,029,834
M. Other Personal 32,241 N/A 32,241 32,241
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 31,880,318 32,522,944 31,880,318
Less Total Deductions 1,385,520   1,385,520 1,385,520
Total Taxable Value 30,494,798 31,137,424 30,494,798 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
30,813,213 30,494,798 30,813,213 30,494,798


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
318,415 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
30,813,213 30,494,798 30,813,213 30,494,798

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

152/Lubbock

085-903/Southland ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 41,492 N/A 41,492 41,492
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) 85,455 N/A 85,455 85,455
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 197,929 N/A 197,929 197,929
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 463,270 N/A 463,270 463,270
L1. Commercial Personal 7,263 N/A 7,263 7,263
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 795,409 795,409 795,409
Less Total Deductions 71,390   71,390 71,390
Total Taxable Value 724,019 724,019 724,019 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
744,019 724,019 744,019 724,019


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,000 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
744,019 724,019 744,019 724,019

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

153/Lynn

085-903/Southland ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 4,050 N/A 4,050 4,050
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,460,840 N/A 3,460,840 3,460,840
D2. Real Prop Farm & Ranch 220,700 N/A 220,700 220,700
E. Real Prop NonQual Acres 1,216,010 N/A 1,216,010 1,216,010
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 244,830 N/A 244,830 244,830
G. Oil, Gas, Minerals 1,023,180 N/A 1,023,180 1,023,180
J. Utilities 1,916,450 N/A 1,916,450 1,916,450
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 453,120 N/A 453,120 453,120
M. Other Personal 48,810 N/A 48,810 48,810
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 8,587,990 8,587,990 8,587,990
Less Total Deductions 599,604   599,604 599,604
Total Taxable Value 7,988,386 7,988,386 7,988,386 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
8,097,086 7,988,386 8,097,086 7,988,386


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
108,700 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
8,097,086 7,988,386 8,097,086 7,988,386

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

085-903/Southland ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 660,366 N/A 660,366 660,366
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 37,668 N/A 37,668 37,668
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,116,880 1.0682 9,470,570 10,116,880
D2. Real Prop Farm & Ranch 1,039,162 N/A 1,039,162 1,039,162
E. Real Prop NonQual Acres 5,217,146 .7589 6,874,394 5,217,146
F1. Commercial Real 436,458 N/A 436,458 436,458
F2. Industrial Real 244,830 N/A 244,830 244,830
G. Oil, Gas, Minerals 11,946,796 1.0027 11,914,123 11,946,796
J. Utilities 9,964,582 1.0349 9,628,943 9,964,582
L1. Commercial Personal 35,824 N/A 35,824 35,824
L2. Industrial Personal 1,482,954 N/A 1,482,954 1,482,954
M. Other Personal 81,051 N/A 81,051 81,051
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 41,263,717 41,906,343 41,263,717
Less Total Deductions 2,056,514   2,056,514 2,056,514
Total Taxable Value 39,207,203 39,849,829 39,207,203 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