taxes Property Tax Assistance

2020 ISD Summary Worksheet

035-Castro /Castro County

185-904/Lazbuddie ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	0	N/A	0	0
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	0	N/A	0	0
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	851,020	N/A	851,020	851,020
D2 - FARM & RANCH IMP	401,130	N/A	401,130	401,130
E - NON-AG LAND AND IMPROVEMENTS	335,410	N/A	335,410	335,410
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	174,560	N/A	174,560	174,560
L1 - COMMERCIAL PERSONAL	0	N/A	0	0
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	0	N/A	0	0
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	1,762,120	0	1,762,120	1,762,120
Less Total Deductions	0	0	0	0
Total Taxable Value	1,762,120	0	1,762,120	1,762,120

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
1,762,120	1,762,120	1,762,120	1,762,120

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
0	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
1,762,120	1,762,120	1,762,120	1,762,120

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-Parmer /Parmer County

185-904/Lazbuddie ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	67,081	N/A	67,081	67,081
B - MULTIFAMILY	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 ACRES - QUALIFIED OPEN-SPACE LAND	19,124,935	1.3394	14,278,394	19,124,935
D2 - FARM & RANCH IMP	2,189,790	N/A	2,189,790	2,189,790
E - NON-AG LAND AND IMPROVEMENTS	24,125,455	0.9861	24,465,526	24,125,455
F1 - COMMERCIAL REAL	468,195	N/A	468,195	468,195
F2 - INDUSTRIAL REAL	7,974,241	N/A	7,974,241	7,974,241
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	5,420,520	0.9328	5,811,021	5,420,520
L1 - COMMERCIAL PERSONAL	494,916	N/A	494,916	494,916
L2 - INDUSTRIAL PERSONAL	4,292,384	N/A	4,292,384	4,292,384
M1 - MOBILE HOMES	8,036	N/A	8,036	8,036
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	64,179,185	0	60,063,216	64,179,185
Less Total Deductions	5,395,933	0	5,395,933	5,395,933
Total Taxable Value	58,783,252	0	54,667,283	58,783,252

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
59,843,491	58,783,252	59,843,491	58,783,252

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,060,239	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
59,843,491	58,783,252	59,843,491	58,783,252

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE

185-904-02/Lazbuddie ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	67,081	N/A	67,081	67,081
B - MULTIFAMILY	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 ACRES - QUALIFIED OPEN-SPACE LAND	19,975,955	1.3203	15,129,414	19,975,955
D2 - FARM & RANCH IMP	2,590,920	N/A	2,590,920	2,590,920
E - NON-AG LAND AND IMPROVEMENTS	24,460,865	0.9863	24,800,936	24,460,865
F1 - COMMERCIAL REAL	468,195	N/A	468,195	468,195
F2 - INDUSTRIAL REAL	7,974,241	N/A	7,974,241	7,974,241
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	5,595,080	0.9348	5,985,581	5,595,080
L1 - COMMERCIAL PERSONAL	494,916	N/A	494,916	494,916
L2 - INDUSTRIAL PERSONAL	4,292,384	N/A	4,292,384	4,292,384
M1 - MOBILE HOMES	8,036	N/A	8,036	8,036
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	65,941,305		61,825,336	65,941,305
Less Total Deductions	5,395,933		5,395,933	5,395,933
Total Taxable Value	60,545,372		56,429,403	60,545,372

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
61,605,611	60,545,372	61,605,611	60,545,372

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,060,239	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
61,605,611	60,545,372	61,605,611	60,545,372

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