taxes Property Tax Assistance

2020 ISD Summary Worksheet

090-Gray /Gray County

090-902/Lefors ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	7,263,580	0.7331	9,908,034	7,263,580
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	307,800	N/A	307,800	307,800
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,374,140	1.0071	3,350,490	3,374,140
D2 - FARM & RANCH IMP	157,630	N/A	157,630	157,630
E - NON-AG LAND AND IMPROVEMENTS	6,970,060	1.0068	6,922,984	6,970,060
F1 - COMMERCIAL REAL	444,790	N/A	444,790	444,790
F2 - INDUSTRIAL REAL	713,910	N/A	713,910	713,910
G - ALL MINERALS	26,990,050	1.0168	26,544,109	26,990,050
J - ALL UTILITIES	44,349,820	0.8540	51,931,874	44,349,820
L1 - COMMERCIAL PERSONAL	742,680	N/A	742,680	742,680
L2 - INDUSTRIAL PERSONAL	4,108,575	N/A	4,108,575	4,108,575
M1 - MOBILE HOMES	101,890	N/A	101,890	101,890
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	95,524,925	0	105,234,766	95,524,925
Less Total Deductions	4,889,123	0	5,939,590	4,889,123
Total Taxable Value	90,635,802	0	99,295,176	90,635,802

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
91,343,772	90,635,802	91,343,772	90,635,802

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
707,970	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
91,343,772	90,635,802	91,343,772	90,635,802

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

090-902-02/Lefors ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	7,263,580	0.7331	9,908,034	7,263,580
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	307,800	N/A	307,800	307,800
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,374,140	1.0071	3,350,490	3,374,140
D2 - FARM & RANCH IMP	157,630	N/A	157,630	157,630
E - NON-AG LAND AND IMPROVEMENTS	6,970,060	1.0068	6,922,984	6,970,060
F1 - COMMERCIAL REAL	444,790	N/A	444,790	444,790
F2 - INDUSTRIAL REAL	713,910	N/A	713,910	713,910
G - ALL MINERALS	26,990,050	1.0168	26,544,109	26,990,050
J - ALL UTILITIES	44,349,820	0.8540	51,931,874	44,349,820
L1 - COMMERCIAL PERSONAL	742,680	N/A	742,680	742,680
L2 - INDUSTRIAL PERSONAL	4,108,575	N/A	4,108,575	4,108,575
M1 - MOBILE HOMES	101,890	N/A	101,890	101,890
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	95,524,925		105,234,766	95,524,925
Less Total Deductions	4,889,123		5,939,590	4,889,123
Total Taxable Value	90,635,802		99,295,176	90,635,802

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
91,343,772	90,635,802	91,343,772	90,635,802

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
707,970	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
91,343,772	90,635,802	91,343,772	90,635,802

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