taxes Property Tax Assistance

2018 ISD Summary Worksheet

028-Caldwell

028-902/Lockhart ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 578,886,606 0.8132 711,862,526 711,862,526
B. MULTIFAMILY RESIDENCES 39,829,196 N/A 39,829,196 39,829,196
C1. VACANT LOTS 28,799,868 N/A 28,799,868 28,799,868
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 15,633,676 1.0824 14,442,972 14,442,972
D2. REAL PROP:FARM & RANCH 17,311,551 N/A 17,311,551 17,311,551
E. REAL PROP NONQUAL ACREAGE 535,672,267 0.8120 659,694,910 659,694,910
F1. COMMERCIAL REAL 143,674,670 1.0286 139,679,827 139,679,827
F2. INDUSTRIAL REAL 14,136,080 N/A 14,136,080 14,136,080
G. OIL,GAS,MINERALS 20,839,760 N/A 20,839,760 20,839,760
J. UTILITIES 67,378,410 N/A 67,378,410 67,378,410
L1. COMMERCIAL PERSONAL 46,119,530 N/A 46,119,530 46,119,530
L2. INDUSTRIAL PERSONAL 33,882,680 N/A 33,882,680 33,882,680
M. MOBILE HOMES 32,878,270 N/A 32,878,270 32,878,270
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 3,037,180 N/A 3,037,180 3,037,180
S. SPECIAL INVENTORY 3,036,770 N/A 3,036,770 3,036,770
Subtotal 1,581,116,514 0 1,832,929,530 1,832,929,530
Less Total Deductions 227,622,326 0 285,298,024 285,298,024
Total Taxable Value 1,353,494,188 0 1,547,631,506 1,547,631,506

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
1,590,365,861 1,547,631,506 1,590,365,861 1,547,631,506


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
42,734,355 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
1,590,365,861 1,547,631,506 1,590,365,861 1,547,631,506

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

028-902-02/Lockhart ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 578,886,606 0.8132 711,862,526 711,862,526
B. MULTIFAMILY RESIDENCES 39,829,196 N/A 39,829,196 39,829,196
C1. VACANT LOTS 28,799,868 N/A 28,799,868 28,799,868
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 15,633,676 1.0824 14,442,972 14,442,972
D2. REAL PROP:FARM & RANCH 17,311,551 N/A 17,311,551 17,311,551
E. REAL PROP NONQUAL ACREAGE 535,672,267 0.8120 659,694,910 659,694,910
F1. COMMERCIAL REAL 143,674,670 1.0286 139,679,827 139,679,827
F2. INDUSTRIAL REAL 14,136,080 N/A 14,136,080 14,136,080
G. OIL,GAS,MINERALS 20,839,760 N/A 20,839,760 20,839,760
J. UTILITIES 67,378,410 N/A 67,378,410 67,378,410
L1. COMMERCIAL PERSONAL 46,119,530 N/A 46,119,530 46,119,530
L2. INDUSTRIAL PERSONAL 33,882,680 N/A 33,882,680 33,882,680
M. MOBILE HOMES 32,878,270 N/A 32,878,270 32,878,270
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 3,037,180 N/A 3,037,180 3,037,180
S. SPECIAL INVENTORY 3,036,770 N/A 3,036,770 3,036,770
Subtotal 1,581,116,514 1,832,929,530 1,832,929,530
Less Total Deductions 227,622,326 285,298,024 285,298,024
Total Taxable Value 1,353,494,188 1,547,631,506 1,547,631,506

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
1,590,365,861 1,547,631,506 1,590,365,861 1,547,631,506


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
42,734,355 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
1,590,365,861 1,547,631,506 1,590,365,861 1,547,631,506

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