taxes Property Tax Assistance

2021 ISD Summary Worksheet

035-Castro /Castro County

035-901/Dimmitt ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 81,320,870 0.9198 88,411,470 81,320,870
B - MULTIFAMILY 1,683,680 N/A 1,683,680 1,683,680
C1 - VACANT LOTS 1,123,700 N/A 1,123,700 1,123,700
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 60,330,432 1.5811 38,158,234 60,330,432
D2 - FARM & RANCH IMP 12,283,830 1.1274 10,895,716 12,283,830
E - NON-AG LAND AND IMPROVEMENTS 16,642,060 0.9793 16,993,832 16,642,060
F1 - COMMERCIAL REAL 13,886,510 0.9725 14,279,188 13,886,510
F2 - INDUSTRIAL REAL 533,262,610 N/A 533,262,610 533,262,610
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 37,800,970 0.9648 39,180,110 37,800,970
L1 - COMMERCIAL PERSONAL 16,195,480 1.0225 15,839,100 16,195,480
L2 - INDUSTRIAL PERSONAL 25,053,560 N/A 25,053,560 25,053,560
M1 - MOBILE HOMES 864,770 N/A 864,770 864,770
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,347,040 N/A 1,347,040 1,347,040
Subtotal 801,795,512 0 787,093,010 801,795,512
Less Total Deductions 475,187,014 0 477,334,374 475,187,014
Total Taxable Value 326,608,498 0 309,758,636 326,608,498

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
334,078,468 326,608,498 334,078,468 326,608,498


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,469,970 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
779,821,688 772,351,718 779,821,688 772,351,718

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

035-901-02/Dimmitt ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 81,320,870 0.9198 88,411,470 81,320,870
B - MULTIFAMILY 1,683,680 N/A 1,683,680 1,683,680
C1 - VACANT LOTS 1,123,700 N/A 1,123,700 1,123,700
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 60,330,432 1.5811 38,158,234 60,330,432
D2 - FARM & RANCH IMP 12,283,830 1.1274 10,895,716 12,283,830
E - NON-AG LAND AND IMPROVEMENTS 16,642,060 0.9793 16,993,832 16,642,060
F1 - COMMERCIAL REAL 13,886,510 0.9725 14,279,188 13,886,510
F2 - INDUSTRIAL REAL 533,262,610 N/A 533,262,610 533,262,610
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 37,800,970 0.9648 39,180,110 37,800,970
L1 - COMMERCIAL PERSONAL 16,195,480 1.0225 15,839,100 16,195,480
L2 - INDUSTRIAL PERSONAL 25,053,560 N/A 25,053,560 25,053,560
M1 - MOBILE HOMES 864,770 N/A 864,770 864,770
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,347,040 N/A 1,347,040 1,347,040
Subtotal 801,795,512 787,093,010 801,795,512
Less Total Deductions 475,187,014 477,334,374 475,187,014
Total Taxable Value 326,608,498 309,758,636 326,608,498

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
334,078,468 326,608,498 334,078,468 326,608,498


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
7,469,970 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
779,821,688 772,351,718 779,821,688 772,351,718

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