taxes Property Tax Assistance

2020 ISD Summary Worksheet

028-Caldwell /Caldwell County

028-902/Lockhart ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	812,951,887	0.9278	876,214,580	876,214,580
B - MULTIFAMILY	55,408,305	N/A	55,408,305	55,408,305
C1 - VACANT LOTS	41,518,410	N/A	41,518,410	41,518,410
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	15,802,808	1.2989	12,165,857	12,165,857
D2 - FARM & RANCH IMP	20,812,253	N/A	20,812,253	20,812,253
E - NON-AG LAND AND IMPROVEMENTS	723,696,285	0.8984	805,539,053	805,539,053
F1 - COMMERCIAL REAL	176,202,199	1.0356	170,145,036	170,145,036
F2 - INDUSTRIAL REAL	16,400,200	N/A	16,400,200	16,400,200
G - ALL MINERALS	19,439,644	N/A	19,439,644	19,439,644
J - ALL UTILITIES	71,203,870	N/A	71,203,870	71,203,870
L1 - COMMERCIAL PERSONAL	47,670,820	N/A	47,670,820	47,670,820
L2 - INDUSTRIAL PERSONAL	33,943,226	N/A	33,943,226	33,943,226
M1 - MOBILE HOMES	51,707,827	N/A	51,707,827	51,707,827
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	3,942,860	N/A	3,942,860	3,942,860
S - SPECIAL INVENTORY	4,852,630	N/A	4,852,630	4,852,630
Subtotal	2,095,553,224	0	2,230,964,571	2,230,964,571
Less Total Deductions	311,717,737	0	340,417,636	340,417,636
Total Taxable Value	1,783,835,487	0	1,890,546,935	1,890,546,935

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
1,935,265,742	1,890,546,935	1,935,265,742	1,890,546,935

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
44,718,807	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
1,935,265,742	1,890,546,935	1,935,265,742	1,890,546,935

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)

028-902-02/Lockhart ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	812,951,887	0.9278	876,214,580	876,214,580
B - MULTIFAMILY	55,408,305	N/A	55,408,305	55,408,305
C1 - VACANT LOTS	41,518,410	N/A	41,518,410	41,518,410
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	15,802,808	1.2989	12,165,857	12,165,857
D2 - FARM & RANCH IMP	20,812,253	N/A	20,812,253	20,812,253
E - NON-AG LAND AND IMPROVEMENTS	723,696,285	0.8984	805,539,053	805,539,053
F1 - COMMERCIAL REAL	176,202,199	1.0356	170,145,036	170,145,036
F2 - INDUSTRIAL REAL	16,400,200	N/A	16,400,200	16,400,200
G - ALL MINERALS	19,439,644	N/A	19,439,644	19,439,644
J - ALL UTILITIES	71,203,870	N/A	71,203,870	71,203,870
L1 - COMMERCIAL PERSONAL	47,670,820	N/A	47,670,820	47,670,820
L2 - INDUSTRIAL PERSONAL	33,943,226	N/A	33,943,226	33,943,226
M1 - MOBILE HOMES	51,707,827	N/A	51,707,827	51,707,827
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	3,942,860	N/A	3,942,860	3,942,860
S - SPECIAL INVENTORY	4,852,630	N/A	4,852,630	4,852,630
Subtotal	2,095,553,224		2,230,964,571	2,230,964,571
Less Total Deductions	311,717,737		340,417,636	340,417,636
Total Taxable Value	1,783,835,487		1,890,546,935	1,890,546,935

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
1,935,265,742	1,890,546,935	1,935,265,742	1,890,546,935

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
44,718,807	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
1,935,265,742	1,890,546,935	1,935,265,742	1,890,546,935

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