taxes Property Tax Assistance

2019 ISD Summary Worksheet

148-Lipscomb

148-901/Booker ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	22,413,810	N/A	22,413,810	22,413,810
B. MULTIFAMILY RESIDENCES	1,151,930	N/A	1,151,930	1,151,930
C1. VACANT LOTS	78,190	N/A	78,190	78,190
D1. QUALIFIED AG LAND	7,993,750	N/A	7,993,750	7,993,750
D2. REAL PROP:FARM & RANCH	1,471,430	N/A	1,471,430	1,471,430
E. REAL PROP NONQUAL ACREAGE	4,524,270	N/A	4,524,270	4,524,270
F1. COMMERCIAL REAL	3,421,350	N/A	3,421,350	3,421,350
F2. INDUSTRIAL REAL	1,604,160	N/A	1,604,160	1,604,160
G. OIL,GAS,MINERALS	104,832,582	N/A	104,832,582	104,832,582
J. UTILITIES	36,140,820	N/A	36,140,820	36,140,820
L1. COMMERCIAL PERSONAL	5,924,352	N/A	5,924,352	5,924,352
L2. INDUSTRIAL PERSONAL	10,570,431	N/A	10,570,431	10,570,431
M. MOBILE HOMES	329,500	N/A	329,500	329,500
Subtotal	200,456,575	0	200,456,575	200,456,575
Less Total Deductions	11,147,132	0	11,147,132	11,147,132
Total Taxable Value	189,309,443	0	189,309,443	189,309,443

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
191,866,970	189,309,443	191,866,970	189,309,443

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,557,527	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
191,866,970	189,309,443	191,866,970	189,309,443

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

148-901-02/Booker ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	22,413,810	N/A	22,413,810	22,413,810
B. MULTIFAMILY RESIDENCES	1,151,930	N/A	1,151,930	1,151,930
C1. VACANT LOTS	78,190	N/A	78,190	78,190
D1. QUALIFIED AG LAND	7,993,750	N/A	7,993,750	7,993,750
D2. REAL PROP:FARM & RANCH	1,471,430	N/A	1,471,430	1,471,430
E. REAL PROP NONQUAL ACREAGE	4,524,270	N/A	4,524,270	4,524,270
F1. COMMERCIAL REAL	3,421,350	N/A	3,421,350	3,421,350
F2. INDUSTRIAL REAL	1,604,160	N/A	1,604,160	1,604,160
G. OIL,GAS,MINERALS	104,832,582	N/A	104,832,582	104,832,582
J. UTILITIES	36,140,820	N/A	36,140,820	36,140,820
L1. COMMERCIAL PERSONAL	5,924,352	N/A	5,924,352	5,924,352
L2. INDUSTRIAL PERSONAL	10,570,431	N/A	10,570,431	10,570,431
M. MOBILE HOMES	329,500	N/A	329,500	329,500
Subtotal	200,456,575		200,456,575	200,456,575
Less Total Deductions	11,147,132		11,147,132	11,147,132
Total Taxable Value	189,309,443		189,309,443	189,309,443

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
191,866,970	189,309,443	191,866,970	189,309,443

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,557,527	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
191,866,970	189,309,443	191,866,970	189,309,443

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