taxes Property Tax Assistance

2020 ISD Summary Worksheet

035-Castro

140-907/Springlake-Earth ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	510,840	N/A	510,840	510,840
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	3,380	N/A	3,380	3,380
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,267,576	2.2898	4,047,359	9,267,576
D2 - FARM & RANCH IMP	2,356,480	0.9651	2,441,695	2,356,480
E - NON-AG LAND AND IMPROVEMENTS	2,978,620	0.9533	3,124,536	2,978,620
F1 - COMMERCIAL REAL	92,510	N/A	92,510	92,510
F2 - INDUSTRIAL REAL	7,005,170	N/A	7,005,170	7,005,170
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	3,482,860	N/A	3,482,860	3,482,860
L1 - COMMERCIAL PERSONAL	48,600	N/A	48,600	48,600
L2 - INDUSTRIAL PERSONAL	179,840	N/A	179,840	179,840
M1 - MOBILE HOMES	40,570	N/A	40,570	40,570
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	25,966,446	0	20,977,360	25,966,446
Less Total Deductions	500,119	0	500,119	500,119
Total Taxable Value	25,466,327	0	20,477,241	25,466,327

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
25,583,107	25,466,327	25,583,107	25,466,327

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
116,780	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
25,583,107	25,466,327	25,583,107	25,466,327

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

140-Lamb

140-907/Springlake-Earth ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	17,686,543	0.7440	23,772,235	23,772,235
B - MULTIFAMILY	20,210	N/A	20,210	20,210
C1 - VACANT LOTS	234,910	N/A	234,910	234,910
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	15,546,074	1.3099	11,867,800	11,867,800
D2 - FARM & RANCH IMP	1,098,101	N/A	1,098,101	1,098,101
E - NON-AG LAND AND IMPROVEMENTS	11,169,392	0.9207	12,131,413	12,131,413
F1 - COMMERCIAL REAL	2,433,430	N/A	2,433,430	2,433,430
F2 - INDUSTRIAL REAL	1,628,030	N/A	1,628,030	1,628,030
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	10,366,500	N/A	10,366,500	10,366,500
L1 - COMMERCIAL PERSONAL	1,682,900	N/A	1,682,900	1,682,900
L2 - INDUSTRIAL PERSONAL	2,823,390	N/A	2,823,390	2,823,390
M1 - MOBILE HOMES	98,610	N/A	98,610	98,610
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	64,788,090	0	68,157,529	68,157,529
Less Total Deductions	8,192,385	0	10,256,946	10,256,946
Total Taxable Value	56,595,705	0	57,900,583	57,900,583

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
59,765,961	57,900,583	59,765,961	57,900,583

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,865,378	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
59,765,961	57,900,583	59,765,961	57,900,583

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)

140-907-02/Springlake-Earth ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	18,197,383	0.7494	24,283,075	24,283,075
B - MULTIFAMILY	20,210	N/A	20,210	20,210
C1 - VACANT LOTS	238,290	N/A	238,290	238,290
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	24,813,650	1.5591	15,915,159	21,135,376
D2 - FARM & RANCH IMP	3,454,581	0.9759	3,539,796	3,454,581
E - NON-AG LAND AND IMPROVEMENTS	14,148,012	0.9274	15,255,949	15,110,033
F1 - COMMERCIAL REAL	2,525,940	N/A	2,525,940	2,525,940
F2 - INDUSTRIAL REAL	8,633,200	N/A	8,633,200	8,633,200
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	13,849,360	N/A	13,849,360	13,849,360
L1 - COMMERCIAL PERSONAL	1,731,500	N/A	1,731,500	1,731,500
L2 - INDUSTRIAL PERSONAL	3,003,230	N/A	3,003,230	3,003,230
M1 - MOBILE HOMES	139,180	N/A	139,180	139,180
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	90,754,536		89,134,889	94,123,975
Less Total Deductions	8,692,504		10,757,065	10,757,065
Total Taxable Value	82,062,032		78,377,824	83,366,910

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
85,349,068	83,366,910	85,349,068	83,366,910

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,982,158	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
85,349,068	83,366,910	85,349,068	83,366,910

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