taxes Property Tax Assistance

2019 ISD Summary Worksheet

140-Lamb

140-907/Springlake-Earth ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	17,566,963	0.8409	20,890,668	17,566,963
B. MULTIFAMILY RESIDENCES	20,210	N/A	20,210	20,210
C1. VACANT LOTS	228,660	N/A	228,660	228,660
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	19,709,914	1.4441	13,648,338	19,709,914
D2. REAL PROP:FARM & RANCH	1,098,101	N/A	1,098,101	1,098,101
E. REAL PROP NONQUAL ACREAGE	12,007,632	0.9479	12,667,615	12,007,632
F1. COMMERCIAL REAL	2,036,690	N/A	2,036,690	2,036,690
F2. INDUSTRIAL REAL	1,628,030	N/A	1,628,030	1,628,030
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	8,775,010	0.9758	8,992,632	8,775,010
L1. COMMERCIAL PERSONAL	1,611,990	N/A	1,611,990	1,611,990
L2. INDUSTRIAL PERSONAL	3,324,970	N/A	3,324,970	3,324,970
M. MOBILE HOMES	100,470	N/A	100,470	100,470
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	68,108,640	0	66,248,374	68,108,640
Less Total Deductions	8,453,823	0	9,554,817	8,453,823
Total Taxable Value	59,654,817	0	56,693,557	59,654,817

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
61,704,213	59,654,817	61,704,213	59,654,817

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,049,396	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
61,704,213	59,654,817	61,704,213	59,654,817

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

140-907-02/Springlake-Earth ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	17,566,963	0.8409	20,890,668	17,566,963
B. MULTIFAMILY RESIDENCES	20,210	N/A	20,210	20,210
C1. VACANT LOTS	228,660	N/A	228,660	228,660
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	19,709,914	1.4441	13,648,338	19,709,914
D2. REAL PROP:FARM & RANCH	1,098,101	N/A	1,098,101	1,098,101
E. REAL PROP NONQUAL ACREAGE	12,007,632	0.9479	12,667,615	12,007,632
F1. COMMERCIAL REAL	2,036,690	N/A	2,036,690	2,036,690
F2. INDUSTRIAL REAL	1,628,030	N/A	1,628,030	1,628,030
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	8,775,010	0.9758	8,992,632	8,775,010
L1. COMMERCIAL PERSONAL	1,611,990	N/A	1,611,990	1,611,990
L2. INDUSTRIAL PERSONAL	3,324,970	N/A	3,324,970	3,324,970
M. MOBILE HOMES	100,470	N/A	100,470	100,470
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	68,108,640		66,248,374	68,108,640
Less Total Deductions	8,453,823		9,554,817	8,453,823
Total Taxable Value	59,654,817		56,693,557	59,654,817

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
61,704,213	59,654,817	61,704,213	59,654,817

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,049,396	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
61,704,213	59,654,817	61,704,213	59,654,817

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