taxes Property Tax Assistance

2017 ISD Summary Worksheet

152/Lubbock

152-903/Slaton ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 217,564,962 .9127 238,375,109 217,564,962
B. Multi-Family Residences 3,886,879 N/A 3,886,879 3,886,879
C1. Vacant Lots 3,061,309 N/A 3,061,309 3,061,309
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,279,804 1.0932 4,829,701 5,279,804
D2. Real Prop Farm & Ranch 854,822 N/A 854,822 854,822
E. Real Prop NonQual Acres 14,188,832 N/A 14,188,832 14,188,832
F1. Commercial Real 36,814,317 1.0033 36,693,229 36,814,317
F2. Industrial Real 1,287,538 N/A 1,287,538 1,287,538
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 122,009,712 .8668 140,758,782 122,009,712
L1. Commercial Personal 29,886,219 1.0798 27,677,550 29,886,219
L2. Industrial Personal 13,143,817 N/A 13,143,817 13,143,817
M. Other Personal 1,718,451 N/A 1,718,451 1,718,451
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 92,554 N/A 92,554 92,554
S. Special Inventory 3,025,507 N/A 3,025,507 3,025,507
Subtotal 452,814,723 489,594,080 452,814,723
Less Total Deductions 77,845,941   85,431,104 77,845,941
Total Taxable Value 374,968,782 404,162,976 374,968,782 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
389,720,286 374,968,782 389,720,286 374,968,782


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,751,504 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
389,720,286 374,968,782 389,720,286 374,968,782

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 one of the grace period.

153/Lynn

152-903/Slaton ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 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) 1,297,260 N/A 1,297,260 1,297,260
D2. Real Prop Farm & Ranch 146,310 N/A 146,310 146,310
E. Real Prop NonQual Acres 820,400 N/A 820,400 820,400
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 87,350 N/A 87,350 87,350
L1. Commercial Personal 24,390 N/A 24,390 24,390
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 11,160 N/A 11,160 11,160
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 2,386,870 2,386,870 2,386,870
Less Total Deductions 495,328   495,328 495,328
Total Taxable Value 1,891,542 1,891,542 1,891,542 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
1,961,542 1,891,542 1,961,542 1,891,542


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
70,000 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
1,961,542 1,891,542 1,961,542 1,891,542

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

152-903/Slaton ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 217,564,962 .9127 238,375,109 217,564,962
B. Multi-Family Residences 3,886,879 N/A 3,886,879 3,886,879
C1. Vacant Lots 3,061,309 N/A 3,061,309 3,061,309
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,577,064 1.0735 6,126,961 6,577,064
D2. Real Prop Farm & Ranch 1,001,132 N/A 1,001,132 1,001,132
E. Real Prop NonQual Acres 15,009,232 N/A 15,009,232 15,009,232
F1. Commercial Real 36,814,317 1.0033 36,693,229 36,814,317
F2. Industrial Real 1,287,538 N/A 1,287,538 1,287,538
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 122,097,062 .8669 140,846,132 122,097,062
L1. Commercial Personal 29,910,609 1.0797 27,701,940 29,910,609
L2. Industrial Personal 13,143,817 N/A 13,143,817 13,143,817
M. Other Personal 1,729,611 N/A 1,729,611 1,729,611
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 92,554 N/A 92,554 92,554
S. Special Inventory 3,025,507 N/A 3,025,507 3,025,507
Subtotal 455,201,593 491,980,950 455,201,593
Less Total Deductions 78,341,269   85,926,432 78,341,269
Total Taxable Value 376,860,324 406,054,518 376,860,324 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

152-903/Slaton ISD

Final Values Worksheet

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
391,681,828 376,860,324 391,681,828 376,860,324


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,821,504 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
391,681,828 376,860,324 391,681,828 376,860,324

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