taxes Property Tax Assistance

2021 ISD Summary Worksheet

009-Bailey /Bailey County

009-901/Muleshoe ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	86,714,085	0.7356	117,882,117	117,882,117
B - MULTIFAMILY	1,566,173	N/A	1,566,173	1,566,173
C1 - VACANT LOTS	1,014,815	N/A	1,014,815	1,014,815
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	25,033,672	1.6364	15,298,164	15,298,164
D2 - FARM & RANCH IMP	2,360,890	N/A	2,360,890	2,360,890
E - NON-AG LAND AND IMPROVEMENTS	32,396,583	0.6609	49,018,888	49,018,888
F1 - COMMERCIAL REAL	20,974,018	0.9977	21,022,369	21,022,369
F2 - INDUSTRIAL REAL	37,280,705	N/A	37,280,705	37,280,705
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	55,143,485	0.9462	58,278,889	58,278,889
L1 - COMMERCIAL PERSONAL	30,764,916	0.9932	30,975,550	30,975,550
L2 - INDUSTRIAL PERSONAL	20,061,747	N/A	20,061,747	20,061,747
M1 - MOBILE HOMES	3,228,519	N/A	3,228,519	3,228,519
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	4,284,727	N/A	4,284,727	4,284,727
Subtotal	320,824,335	0	362,273,553	362,273,553
Less Total Deductions	34,348,538	0	46,017,817	46,017,817
Total Taxable Value	286,475,797	0	316,255,736	316,255,736

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
324,750,846	316,255,736	324,750,846	316,255,736

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
8,495,110	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
324,750,846	316,255,736	324,750,846	316,255,736

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-Lamb /Lamb County

009-901/Muleshoe ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	633,450	N/A	633,450	633,450
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	4,026,257	N/A	4,026,257	4,026,257
D2 - FARM & RANCH IMP	218,190	N/A	218,190	218,190
E - NON-AG LAND AND IMPROVEMENTS	3,777,308	N/A	3,777,308	3,777,308
F1 - COMMERCIAL REAL	190,200	N/A	190,200	190,200
F2 - INDUSTRIAL REAL	3,079,460	N/A	3,079,460	3,079,460
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	1,036,130	N/A	1,036,130	1,036,130
L1 - COMMERCIAL PERSONAL	2,220	N/A	2,220	2,220
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	2,980	N/A	2,980	2,980
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	12,966,195	0	12,966,195	12,966,195
Less Total Deductions	343,457	0	343,457	343,457
Total Taxable Value	12,622,738	0	12,622,738	12,622,738

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
12,675,378	12,622,738	12,675,378	12,622,738

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
52,640	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
12,675,378	12,622,738	12,675,378	12,622,738

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

009-901-02/Muleshoe ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	87,347,535	0.7370	118,515,567	118,515,567
B - MULTIFAMILY	1,566,173	N/A	1,566,173	1,566,173
C1 - VACANT LOTS	1,014,815	N/A	1,014,815	1,014,815
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	29,059,929	1.5038	19,324,421	19,324,421
D2 - FARM & RANCH IMP	2,579,080	N/A	2,579,080	2,579,080
E - NON-AG LAND AND IMPROVEMENTS	36,173,891	0.6852	52,796,196	52,796,196
F1 - COMMERCIAL REAL	21,164,218	0.9977	21,212,569	21,212,569
F2 - INDUSTRIAL REAL	40,360,165	N/A	40,360,165	40,360,165
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	56,179,615	0.9471	59,315,019	59,315,019
L1 - COMMERCIAL PERSONAL	30,767,136	0.9932	30,977,770	30,977,770
L2 - INDUSTRIAL PERSONAL	20,061,747	N/A	20,061,747	20,061,747
M1 - MOBILE HOMES	3,231,499	N/A	3,231,499	3,231,499
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	4,284,727	N/A	4,284,727	4,284,727
Subtotal	333,790,530		375,239,748	375,239,748
Less Total Deductions	34,691,995		46,361,274	46,361,274
Total Taxable Value	299,098,535		328,878,474	328,878,474

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
337,426,224	328,878,474	337,426,224	328,878,474

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
8,547,750	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
337,426,224	328,878,474	337,426,224	328,878,474

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