taxes Property Tax Assistance

2018 ISD Summary Worksheet

035-Castro

140-907/Springlake-Earth ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	506,840	N/A	506,840	506,840
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	3,380	N/A	3,380	3,380
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	10,166,740	1.3194	7,705,454	10,166,740
D2. REAL PROP:FARM & RANCH	2,475,270	1.0015	2,471,563	2,475,270
E. REAL PROP NONQUAL ACREAGE	2,582,260	0.8730	2,957,915	2,582,260
F1. COMMERCIAL REAL	92,510	N/A	92,510	92,510
F2. INDUSTRIAL REAL	7,003,490	N/A	7,003,490	7,003,490
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	2,621,890	N/A	2,621,890	2,621,890
L1. COMMERCIAL PERSONAL	49,820	N/A	49,820	49,820
L2. INDUSTRIAL PERSONAL	228,010	N/A	228,010	228,010
M. MOBILE HOMES	40,570	N/A	40,570	40,570
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	25,770,780	0	23,681,442	25,770,780
Less Total Deductions	525,841	0	525,841	525,841
Total Taxable Value	25,244,939	0	23,155,601	25,244,939

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
25,361,429	25,244,939	25,361,429	25,244,939

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
116,490	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
25,361,429	25,244,939	25,361,429	25,244,939

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 LOCAL VALUE IS GREATER THAN PTAD VALUE

140-Lamb

140-907/Springlake-Earth ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	16,545,360	0.8503	19,458,262	16,545,360
B. MULTIFAMILY RESIDENCES	18,870	N/A	18,870	18,870
C1. VACANT LOTS	219,470	N/A	219,470	219,470
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	18,184,465	1.6240	11,197,378	18,184,465
D2. REAL PROP:FARM & RANCH	1,126,281	N/A	1,126,281	1,126,281
E. REAL PROP NONQUAL ACREAGE	11,826,433	0.9116	12,973,270	11,826,433
F1. COMMERCIAL REAL	2,055,949	N/A	2,055,949	2,055,949
F2. INDUSTRIAL REAL	1,626,620	N/A	1,626,620	1,626,620
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	7,545,480	N/A	7,545,480	7,545,480
L1. COMMERCIAL PERSONAL	1,580,390	N/A	1,580,390	1,580,390
L2. INDUSTRIAL PERSONAL	3,534,622	N/A	3,534,622	3,534,622
M. MOBILE HOMES	95,070	N/A	95,070	95,070
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	64,359,010	0	61,431,662	64,359,010
Less Total Deductions	7,999,274	0	8,900,706	7,999,274
Total Taxable Value	56,359,736	0	52,530,956	56,359,736

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
58,346,812	56,359,736	58,346,812	56,359,736

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,987,076	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
58,346,812	56,359,736	58,346,812	56,359,736

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 LOCAL VALUE IS GREATER THAN PTAD VALUE

140-907-02/Springlake-Earth ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	17,052,200	0.8541	19,965,102	17,052,200
B. MULTIFAMILY RESIDENCES	18,870	N/A	18,870	18,870
C1. VACANT LOTS	222,850	N/A	222,850	222,850
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	28,351,205	1.4998	18,902,832	28,351,205
D2. REAL PROP:FARM & RANCH	3,601,551	1.0010	3,597,844	3,601,551
E. REAL PROP NONQUAL ACREAGE	14,408,693	0.9044	15,931,185	14,408,693
F1. COMMERCIAL REAL	2,148,459	N/A	2,148,459	2,148,459
F2. INDUSTRIAL REAL	8,630,110	N/A	8,630,110	8,630,110
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	10,167,370	N/A	10,167,370	10,167,370
L1. COMMERCIAL PERSONAL	1,630,210	N/A	1,630,210	1,630,210
L2. INDUSTRIAL PERSONAL	3,762,632	N/A	3,762,632	3,762,632
M. MOBILE HOMES	135,640	N/A	135,640	135,640
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	90,129,790		85,113,104	90,129,790
Less Total Deductions	8,525,115		9,426,547	8,525,115
Total Taxable Value	81,604,675		75,686,557	81,604,675

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
83,708,241	81,604,675	83,708,241	81,604,675

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,103,566	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
83,708,241	81,604,675	83,708,241	81,604,675

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