2020 ISD Summary Worksheet

245-Willacy

245-901/Lasara ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	17,592,234	0.8639	20,363,739	20,363,739
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,360,895	N/A	1,360,895	1,360,895
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,251,672	0.9482	8,702,682	8,702,682
D2 - FARM & RANCH IMP	674,662	N/A	674,662	674,662
E - NON-AG LAND AND IMPROVEMENTS	9,710,590	1.0373	9,361,409	9,361,409
F1 - COMMERCIAL REAL	1,329,221	N/A	1,329,221	1,329,221
F2 - INDUSTRIAL REAL	7,000	N/A	7,000	7,000
G - ALL MINERALS	1,034,480	N/A	1,034,480	1,034,480
J - ALL UTILITIES	3,740,620	0.9902	3,777,641	3,777,641
L1 - COMMERCIAL PERSONAL	176,873	N/A	176,873	176,873
L2 - INDUSTRIAL PERSONAL	807,600	N/A	807,600	807,600
M1 - MOBILE HOMES	159,202	N/A	159,202	159,202
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	44,845,049	0	47,755,404	47,755,404
Less Total Deductions	8,675,634	0	9,581,467	9,581,467
Total Taxable Value	36,169,415	0	38,173,937	38,173,937

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
40,455,043	38,173,937	40,455,043	38,173,937

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,281,106	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
40,455,043	38,173,937	40,455,043	38,173,937

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)

245-901-02/Lasara ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	17,592,234	0.8639	20,363,739	20,363,739
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,360,895	N/A	1,360,895	1,360,895
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,251,672	0.9482	8,702,682	8,702,682
D2 - FARM & RANCH IMP	674,662	N/A	674,662	674,662
E - NON-AG LAND AND IMPROVEMENTS	9,710,590	1.0373	9,361,409	9,361,409
F1 - COMMERCIAL REAL	1,329,221	N/A	1,329,221	1,329,221
F2 - INDUSTRIAL REAL	7,000	N/A	7,000	7,000
G - ALL MINERALS	1,034,480	N/A	1,034,480	1,034,480
J - ALL UTILITIES	3,740,620	0.9902	3,777,641	3,777,641
L1 - COMMERCIAL PERSONAL	176,873	N/A	176,873	176,873
L2 - INDUSTRIAL PERSONAL	807,600	N/A	807,600	807,600
M1 - MOBILE HOMES	159,202	N/A	159,202	159,202
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	44,845,049		47,755,404	47,755,404
Less Total Deductions	8,675,634		9,581,467	9,581,467
Total Taxable Value	36,169,415		38,173,937	38,173,937

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

Value Taxable For M & O Purposes

T1	T2	T3	T4
40,455,043	38,173,937	40,455,043	38,173,937

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,281,106	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
40,455,043	38,173,937	40,455,043	38,173,937

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

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2020 ISD Summary Worksheet

245-Willacy

245-901/Lasara ISD

Value Taxable For M & O Purposes

Value Taxable For I & S Purposes

245-901-02/Lasara ISD

Value Taxable For M & O Purposes

Value Taxable For I & S Purposes

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