taxes Property Tax Assistance

2020 ISD Summary Worksheet

028-Caldwell

028-902/Lockhart ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 813,047,412 0.9047 898,692,840 898,692,840
B - MULTIFAMILY 55,494,395 N/A 55,494,395 55,494,395
C1 - VACANT LOTS 41,512,927 N/A 41,512,927 41,512,927
C2 - COLONIA LOTS 39,810 N/A 39,810 39,810
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,710,669 1.3003 12,082,302 12,082,302
D2 - FARM & RANCH IMP 20,911,243 N/A 20,911,243 20,911,243
E - NON-AG LAND AND IMPROVEMENTS 727,958,920 0.8798 827,414,094 827,414,094
F1 - COMMERCIAL REAL 177,194,493 1.0132 174,885,998 174,885,998
F2 - INDUSTRIAL REAL 16,400,200 N/A 16,400,200 16,400,200
G - ALL MINERALS 19,440,057 N/A 19,440,057 19,440,057
J - ALL UTILITIES 71,203,870 N/A 71,203,870 71,203,870
L1 - COMMERCIAL PERSONAL 48,347,040 N/A 48,347,040 48,347,040
L2 - INDUSTRIAL PERSONAL 34,189,690 N/A 34,189,690 34,189,690
M1 - MOBILE HOMES 51,663,640 N/A 51,663,640 51,663,640
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 2,101,909,856 0 2,281,073,596 2,281,073,596
Less Total Deductions 305,581,817 0 343,029,158 343,029,158
Total Taxable Value 1,796,328,039 0 1,938,044,438 1,938,044,438

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
1,981,621,628 1,938,044,438 1,981,621,628 1,938,044,438


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
43,577,190 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
1,981,621,628 1,938,044,438 1,981,621,628 1,938,044,438

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 813,047,412 0.9047 898,692,840 898,692,840
B - MULTIFAMILY 55,494,395 N/A 55,494,395 55,494,395
C1 - VACANT LOTS 41,512,927 N/A 41,512,927 41,512,927
C2 - COLONIA LOTS 39,810 N/A 39,810 39,810
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,710,669 1.3003 12,082,302 12,082,302
D2 - FARM & RANCH IMP 20,911,243 N/A 20,911,243 20,911,243
E - NON-AG LAND AND IMPROVEMENTS 727,958,920 0.8798 827,414,094 827,414,094
F1 - COMMERCIAL REAL 177,194,493 1.0132 174,885,998 174,885,998
F2 - INDUSTRIAL REAL 16,400,200 N/A 16,400,200 16,400,200
G - ALL MINERALS 19,440,057 N/A 19,440,057 19,440,057
J - ALL UTILITIES 71,203,870 N/A 71,203,870 71,203,870
L1 - COMMERCIAL PERSONAL 48,347,040 N/A 48,347,040 48,347,040
L2 - INDUSTRIAL PERSONAL 34,189,690 N/A 34,189,690 34,189,690
M1 - MOBILE HOMES 51,663,640 N/A 51,663,640 51,663,640
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 2,101,909,856 2,281,073,596 2,281,073,596
Less Total Deductions 305,581,817 343,029,158 343,029,158
Total Taxable Value 1,796,328,039 1,938,044,438 1,938,044,438

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
1,981,621,628 1,938,044,438 1,981,621,628 1,938,044,438


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
43,577,190 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
1,981,621,628 1,938,044,438 1,981,621,628 1,938,044,438

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