taxes Property Tax Assistance

2021 ISD Summary Worksheet

139-Lamar /Lamar County

139-912/Prairiland ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 109,385,748 0.9763 112,041,123 112,041,123
B - MULTIFAMILY 6,091,260 N/A 6,091,260 6,091,260
C1 - VACANT LOTS 3,428,720 N/A 3,428,720 3,428,720
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,869,493 1.1124 11,569,285 11,569,285
D2 - FARM & RANCH IMP 7,325,100 N/A 7,325,100 7,325,100
E - NON-AG LAND AND IMPROVEMENTS 198,417,317 0.7812 253,990,421 253,990,421
F1 - COMMERCIAL REAL 29,242,558 N/A 29,242,558 29,242,558
F2 - INDUSTRIAL REAL 625,292 N/A 625,292 625,292
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 44,157,320 0.9481 46,574,539 46,574,539
L1 - COMMERCIAL PERSONAL 29,942,520 N/A 29,942,520 29,942,520
L2 - INDUSTRIAL PERSONAL 246,755,830 N/A 246,755,830 246,755,830
M1 - MOBILE HOMES 1,699,020 N/A 1,699,020 1,699,020
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 67,550 N/A 67,550 67,550
S - SPECIAL INVENTORY 11,600 N/A 11,600 11,600
Subtotal 690,019,328 0 749,364,818 749,364,818
Less Total Deductions 295,598,170 0 298,540,416 298,540,416
Total Taxable Value 394,421,158 0 450,824,402 450,824,402

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
466,317,927 450,824,402 466,317,927 450,824,402


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
15,493,525 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
639,385,542 623,892,017 639,385,542 623,892,017

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)

194-Red River /Red River County

139-912/Prairiland ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 2,610,979 N/A 2,610,979 2,610,979
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 326,421 N/A 326,421 326,421
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,427,011 N/A 2,427,011 2,427,011
D2 - FARM & RANCH IMP 191,018 N/A 191,018 191,018
E - NON-AG LAND AND IMPROVEMENTS 1,750,524 N/A 1,750,524 1,750,524
F1 - COMMERCIAL REAL 5,000 N/A 5,000 5,000
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,286,524 N/A 5,286,524 5,286,524
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 207,042 N/A 207,042 207,042
M1 - MOBILE HOMES 104,152 N/A 104,152 104,152
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 12,908,671 0 12,908,671 12,908,671
Less Total Deductions 1,649,029 0 1,649,029 1,649,029
Total Taxable Value 11,259,642 0 11,259,642 11,259,642

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
11,558,536 11,259,642 11,558,536 11,259,642


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
298,894 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
11,558,536 11,259,642 11,558,536 11,259,642

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

139-912-02/Prairiland ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 111,996,727 0.9768 114,652,102 114,652,102
B - MULTIFAMILY 6,091,260 N/A 6,091,260 6,091,260
C1 - VACANT LOTS 3,755,141 N/A 3,755,141 3,755,141
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,296,504 1.0929 13,996,296 13,996,296
D2 - FARM & RANCH IMP 7,516,118 N/A 7,516,118 7,516,118
E - NON-AG LAND AND IMPROVEMENTS 200,167,841 0.7827 255,740,945 255,740,945
F1 - COMMERCIAL REAL 29,247,558 N/A 29,247,558 29,247,558
F2 - INDUSTRIAL REAL 625,292 N/A 625,292 625,292
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 49,443,844 0.9534 51,861,063 51,861,063
L1 - COMMERCIAL PERSONAL 29,942,520 N/A 29,942,520 29,942,520
L2 - INDUSTRIAL PERSONAL 246,962,872 N/A 246,962,872 246,962,872
M1 - MOBILE HOMES 1,803,172 N/A 1,803,172 1,803,172
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 67,550 N/A 67,550 67,550
S - SPECIAL INVENTORY 11,600 N/A 11,600 11,600
Subtotal 702,927,999 762,273,489 762,273,489
Less Total Deductions 297,247,199 300,189,445 300,189,445
Total Taxable Value 405,680,800 462,084,044 462,084,044

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
477,876,463 462,084,044 477,876,463 462,084,044


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
15,792,419 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
650,944,078 635,151,659 650,944,078 635,151,659

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