taxes Property Tax Assistance

2021 ISD Summary Worksheet

035-Castro /Castro County

035-903/Nazareth ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	27,442,720	1.0021	27,385,211	27,442,720
B - MULTIFAMILY	538,280	N/A	538,280	538,280
C1 - VACANT LOTS	274,440	N/A	274,440	274,440
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	12,059,788	1.1785	10,232,982	12,059,788
D2 - FARM & RANCH IMP	1,772,300	N/A	1,772,300	1,772,300
E - NON-AG LAND AND IMPROVEMENTS	9,578,100	0.9207	10,403,063	9,578,100
F1 - COMMERCIAL REAL	1,651,650	N/A	1,651,650	1,651,650
F2 - INDUSTRIAL REAL	98,960	N/A	98,960	98,960
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	35,334,860	0.8665	40,778,834	35,334,860
L1 - COMMERCIAL PERSONAL	1,217,840	N/A	1,217,840	1,217,840
L2 - INDUSTRIAL PERSONAL	104,820	N/A	104,820	104,820
M1 - MOBILE HOMES	260,530	N/A	260,530	260,530
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	90,334,288	0	94,718,910	90,334,288
Less Total Deductions	7,841,419	0	7,827,547	7,841,419
Total Taxable Value	82,492,869	0	86,891,363	82,492,869

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
84,292,399	82,492,869	84,292,399	82,492,869

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,799,530	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
84,292,399	82,492,869	84,292,399	82,492,869

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

035-903-02/Nazareth ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	27,442,720	1.0021	27,385,211	27,442,720
B - MULTIFAMILY	538,280	N/A	538,280	538,280
C1 - VACANT LOTS	274,440	N/A	274,440	274,440
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	12,059,788	1.1785	10,232,982	12,059,788
D2 - FARM & RANCH IMP	1,772,300	N/A	1,772,300	1,772,300
E - NON-AG LAND AND IMPROVEMENTS	9,578,100	0.9207	10,403,063	9,578,100
F1 - COMMERCIAL REAL	1,651,650	N/A	1,651,650	1,651,650
F2 - INDUSTRIAL REAL	98,960	N/A	98,960	98,960
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	35,334,860	0.8665	40,778,834	35,334,860
L1 - COMMERCIAL PERSONAL	1,217,840	N/A	1,217,840	1,217,840
L2 - INDUSTRIAL PERSONAL	104,820	N/A	104,820	104,820
M1 - MOBILE HOMES	260,530	N/A	260,530	260,530
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	90,334,288		94,718,910	90,334,288
Less Total Deductions	7,841,419		7,827,547	7,841,419
Total Taxable Value	82,492,869		86,891,363	82,492,869

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
84,292,399	82,492,869	84,292,399	82,492,869

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,799,530	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
84,292,399	82,492,869	84,292,399	82,492,869

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