taxes Property Tax Assistance

2018 ISD Summary Worksheet

090/Gray

090-902/Lefors ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 6,054,330 .7251 8,349,648 6,054,330
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 296,580 N/A 296,580 296,580
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,427,340 1.0022 3,419,737 3,427,340
D2. Real Prop Farm & Ranch 167,640 N/A 167,640 167,640
E. Real Prop NonQual Acres 5,847,790 N/A 5,847,790 5,847,790
F1. Commercial Real 334,240 N/A 334,240 334,240
F2. Industrial Real 156,450 N/A 156,450 156,450
G. Oil, Gas, Minerals 35,004,910 1.0291 34,015,071 35,004,910
J. Utilities 44,882,420 N/A 44,882,420 44,882,420
L1. Commercial Personal 1,917,030 N/A 1,917,030 1,917,030
L2. Industrial Personal 2,661,160 N/A 2,661,160 2,661,160
M. Other Personal 198,350 N/A 198,350 198,350
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 100,948,240 102,246,116 100,948,240
Less Total Deductions 4,397,660   5,261,831 4,397,660
Total Taxable Value 96,550,580 96,984,285 96,550,580 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
96,550,580 96,550,580 96,550,580 96,550,580


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
96,550,580 96,550,580 96,550,580 96,550,580

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