taxes Property Tax Assistance

2019 ISD Summary Worksheet

185-Parmer

185-904/Lazbuddie ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	69,121	N/A	69,121	69,121
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	13,632	N/A	13,632	13,632
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	18,678,784	1.0159	18,386,135	18,678,784
D2. REAL PROP:FARM & RANCH	2,349,381	N/A	2,349,381	2,349,381
E. REAL PROP NONQUAL ACREAGE	26,900,504	0.9264	29,037,677	26,900,504
F1. COMMERCIAL REAL	482,063	N/A	482,063	482,063
F2. INDUSTRIAL REAL	8,014,550	N/A	8,014,550	8,014,550
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	4,812,430	0.6217	7,740,759	4,812,430
L1. COMMERCIAL PERSONAL	511,009	N/A	511,009	511,009
L2. INDUSTRIAL PERSONAL	5,358,269	N/A	5,358,269	5,358,269
M. MOBILE HOMES	8,036	N/A	8,036	8,036
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	67,197,779	0	71,970,632	67,197,779
Less Total Deductions	5,458,291	0	5,458,291	5,458,291
Total Taxable Value	61,739,488	0	66,512,341	61,739,488

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
62,784,936	61,739,488	62,784,936	61,739,488

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,045,448	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
62,784,936	61,739,488	62,784,936	61,739,488

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

185-904-02/Lazbuddie ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	69,121	N/A	69,121	69,121
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	13,632	N/A	13,632	13,632
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	18,678,784	1.0159	18,386,135	18,678,784
D2. REAL PROP:FARM & RANCH	2,349,381	N/A	2,349,381	2,349,381
E. REAL PROP NONQUAL ACREAGE	26,900,504	0.9264	29,037,677	26,900,504
F1. COMMERCIAL REAL	482,063	N/A	482,063	482,063
F2. INDUSTRIAL REAL	8,014,550	N/A	8,014,550	8,014,550
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	4,812,430	0.6217	7,740,759	4,812,430
L1. COMMERCIAL PERSONAL	511,009	N/A	511,009	511,009
L2. INDUSTRIAL PERSONAL	5,358,269	N/A	5,358,269	5,358,269
M. MOBILE HOMES	8,036	N/A	8,036	8,036
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	67,197,779		71,970,632	67,197,779
Less Total Deductions	5,458,291		5,458,291	5,458,291
Total Taxable Value	61,739,488		66,512,341	61,739,488

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
62,784,936	61,739,488	62,784,936	61,739,488

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,045,448	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
62,784,936	61,739,488	62,784,936	61,739,488

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