taxes Property Tax Assistance

2020 ISD Summary Worksheet

141-Lampasas

141-902/Lometa ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	21,344,970	0.9326	22,887,594	21,344,970
B - MULTIFAMILY	460,050	N/A	460,050	460,050
C1 - VACANT LOTS	2,779,100	N/A	2,779,100	2,779,100
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,892,650	1.1700	9,310,241	10,892,650
D2 - FARM & RANCH IMP	1,378,350	N/A	1,378,350	1,378,350
E - NON-AG LAND AND IMPROVEMENTS	60,883,410	0.8870	68,639,696	60,883,410
F1 - COMMERCIAL REAL	4,939,220	N/A	4,939,220	4,939,220
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	36,748,335	0.7916	46,422,859	36,748,335
L1 - COMMERCIAL PERSONAL	1,492,120	N/A	1,492,120	1,492,120
L2 - INDUSTRIAL PERSONAL	1,031,500	N/A	1,031,500	1,031,500
M1 - MOBILE HOMES	1,471,550	N/A	1,471,550	1,471,550
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	143,421,255	0	160,812,280	143,421,255
Less Total Deductions	18,930,668	0	20,385,726	18,930,668
Total Taxable Value	124,490,587	0	140,426,554	124,490,587

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
127,582,679	124,490,587	127,582,679	124,490,587

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,092,092	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
127,582,679	124,490,587	127,582,679	124,490,587

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 YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

167-Mills

141-902/Lometa ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	119,250	N/A	119,250	119,250
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	2,467,580	N/A	2,467,580	2,467,580
D2 - FARM & RANCH IMP	939,340	N/A	939,340	939,340
E - NON-AG LAND AND IMPROVEMENTS	8,390,330	N/A	8,390,330	8,390,330
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	12,047,090	N/A	12,047,090	12,047,090
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	4,764,700	N/A	4,764,700	4,764,700
L1 - COMMERCIAL PERSONAL	160	N/A	160	160
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	28,728,450	0	28,728,450	28,728,450
Less Total Deductions	1,575,645	0	1,575,645	1,575,645
Total Taxable Value	27,152,805	0	27,152,805	27,152,805

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
27,362,040	27,152,805	27,362,040	27,152,805

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
209,235	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
27,362,040	27,152,805	27,362,040	27,152,805

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

141-902-02/Lometa ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	21,464,220	0.9329	23,006,844	21,464,220
B - MULTIFAMILY	460,050	N/A	460,050	460,050
C1 - VACANT LOTS	2,779,100	N/A	2,779,100	2,779,100
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,360,230	1.1344	11,777,821	13,360,230
D2 - FARM & RANCH IMP	2,317,690	N/A	2,317,690	2,317,690
E - NON-AG LAND AND IMPROVEMENTS	69,273,740	0.8993	77,030,026	69,273,740
F1 - COMMERCIAL REAL	4,939,220	N/A	4,939,220	4,939,220
F2 - INDUSTRIAL REAL	12,047,090	N/A	12,047,090	12,047,090
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	41,513,035	0.8110	51,187,559	41,513,035
L1 - COMMERCIAL PERSONAL	1,492,280	N/A	1,492,280	1,492,280
L2 - INDUSTRIAL PERSONAL	1,031,500	N/A	1,031,500	1,031,500
M1 - MOBILE HOMES	1,471,550	N/A	1,471,550	1,471,550
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	172,149,705		189,540,730	172,149,705
Less Total Deductions	20,506,313		21,961,371	20,506,313
Total Taxable Value	151,643,392		167,579,359	151,643,392

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
154,944,719	151,643,392	154,944,719	151,643,392

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,301,327	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
154,944,719	151,643,392	154,944,719	151,643,392

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