taxes Property Tax Assistance

2018 ISD Summary Worksheet

139-Lamar

139-912/Prairiland ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 70,170,898 0.8764 80,067,204 80,067,204
B. MULTIFAMILY RESIDENCES 3,453,810 N/A 3,453,810 3,453,810
C1. VACANT LOTS 3,250,950 N/A 3,250,950 3,250,950
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 13,645,425 1.0567 12,913,758 12,913,758
D2. REAL PROP:FARM & RANCH 5,077,060 N/A 5,077,060 5,077,060
E. REAL PROP NONQUAL ACREAGE 122,981,776 0.7464 164,766,581 164,766,581
F1. COMMERCIAL REAL 8,540,430 N/A 8,540,430 8,540,430
F2. INDUSTRIAL REAL 395,660 N/A 395,660 395,660
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 36,464,900 0.9671 37,705,408 37,705,408
L1. COMMERCIAL PERSONAL 9,835,010 N/A 9,835,010 9,835,010
L2. INDUSTRIAL PERSONAL 1,842,820 N/A 1,842,820 1,842,820
M. MOBILE HOMES 1,122,880 N/A 1,122,880 1,122,880
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 34,620 N/A 34,620 34,620
Subtotal 276,816,239 0 329,006,191 329,006,191
Less Total Deductions 63,704,594 0 71,382,406 71,382,406
Total Taxable Value 213,111,645 0 257,623,785 257,623,785

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
272,001,194 257,623,785 272,001,194 257,623,785


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,377,409 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
272,001,194 257,623,785 272,001,194 257,623,785

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)

194-Red River

139-912/Prairiland ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,691,574 N/A 1,691,574 1,691,574
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 170,027 N/A 170,027 170,027
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 2,297,797 N/A 2,297,797 2,297,797
D2. REAL PROP:FARM & RANCH 113,345 N/A 113,345 113,345
E. REAL PROP NONQUAL ACREAGE 1,556,944 N/A 1,556,944 1,556,944
F1. COMMERCIAL REAL 2,500 N/A 2,500 2,500
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 4,571,236 N/A 4,571,236 4,571,236
L1. COMMERCIAL PERSONAL 0 N/A 0 0
L2. INDUSTRIAL PERSONAL 177,045 N/A 177,045 177,045
M. MOBILE HOMES 104,152 N/A 104,152 104,152
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 10,684,620 0 10,684,620 10,684,620
Less Total Deductions 1,270,765 0 1,270,765 1,270,765
Total Taxable Value 9,413,855 0 9,413,855 9,413,855

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
9,667,370 9,413,855 9,667,370 9,413,855


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
253,515 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
9,667,370 9,413,855 9,667,370 9,413,855

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

139-912-02/Prairiland ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 71,862,472 0.8790 81,758,778 81,758,778
B. MULTIFAMILY RESIDENCES 3,453,810 N/A 3,453,810 3,453,810
C1. VACANT LOTS 3,420,977 N/A 3,420,977 3,420,977
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 15,943,222 1.0481 15,211,555 15,211,555
D2. REAL PROP:FARM & RANCH 5,190,405 N/A 5,190,405 5,190,405
E. REAL PROP NONQUAL ACREAGE 124,538,720 0.7488 166,323,525 166,323,525
F1. COMMERCIAL REAL 8,542,930 N/A 8,542,930 8,542,930
F2. INDUSTRIAL REAL 395,660 N/A 395,660 395,660
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 41,036,136 0.9707 42,276,644 42,276,644
L1. COMMERCIAL PERSONAL 9,835,010 N/A 9,835,010 9,835,010
L2. INDUSTRIAL PERSONAL 2,019,865 N/A 2,019,865 2,019,865
M. MOBILE HOMES 1,227,032 N/A 1,227,032 1,227,032
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 34,620 N/A 34,620 34,620
Subtotal 287,500,859 339,690,811 339,690,811
Less Total Deductions 64,975,359 72,653,171 72,653,171
Total Taxable Value 222,525,500 267,037,640 267,037,640

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
281,668,564 267,037,640 281,668,564 267,037,640


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
14,630,924 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
281,668,564 267,037,640 281,668,564 267,037,640

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