taxes Property Tax Assistance

2021 ISD Summary Worksheet

140-Lamb /Lamb County

140-901/Amherst ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 10,246,370 N/A 10,246,370 10,246,370
B - MULTIFAMILY 62,082 N/A 62,082 62,082
C1 - VACANT LOTS 113,260 N/A 113,260 113,260
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,000,720 N/A 10,000,720 10,000,720
D2 - FARM & RANCH IMP 1,137,960 N/A 1,137,960 1,137,960
E - NON-AG LAND AND IMPROVEMENTS 7,647,410 N/A 7,647,410 7,647,410
F1 - COMMERCIAL REAL 942,420 N/A 942,420 942,420
F2 - INDUSTRIAL REAL 10,784,690 N/A 10,784,690 10,784,690
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 12,784,850 N/A 12,784,850 12,784,850
L1 - COMMERCIAL PERSONAL 1,235,650 N/A 1,235,650 1,235,650
L2 - INDUSTRIAL PERSONAL 3,435,690 N/A 3,435,690 3,435,690
M1 - MOBILE HOMES 1,084,140 N/A 1,084,140 1,084,140
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 59,475,242 0 59,475,242 59,475,242
Less Total Deductions 5,082,986 0 5,082,986 5,082,986
Total Taxable Value 54,392,256 0 54,392,256 54,392,256

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
55,398,823 54,392,256 55,398,823 54,392,256


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,006,567 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
55,398,823 54,392,256 55,398,823 54,392,256

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

140-901-02/Amherst ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 10,246,370 N/A 10,246,370 10,246,370
B - MULTIFAMILY 62,082 N/A 62,082 62,082
C1 - VACANT LOTS 113,260 N/A 113,260 113,260
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,000,720 N/A 10,000,720 10,000,720
D2 - FARM & RANCH IMP 1,137,960 N/A 1,137,960 1,137,960
E - NON-AG LAND AND IMPROVEMENTS 7,647,410 N/A 7,647,410 7,647,410
F1 - COMMERCIAL REAL 942,420 N/A 942,420 942,420
F2 - INDUSTRIAL REAL 10,784,690 N/A 10,784,690 10,784,690
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 12,784,850 N/A 12,784,850 12,784,850
L1 - COMMERCIAL PERSONAL 1,235,650 N/A 1,235,650 1,235,650
L2 - INDUSTRIAL PERSONAL 3,435,690 N/A 3,435,690 3,435,690
M1 - MOBILE HOMES 1,084,140 N/A 1,084,140 1,084,140
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 59,475,242 59,475,242 59,475,242
Less Total Deductions 5,082,986 5,082,986 5,082,986
Total Taxable Value 54,392,256 54,392,256 54,392,256

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
55,398,823 54,392,256 55,398,823 54,392,256


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,006,567 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
55,398,823 54,392,256 55,398,823 54,392,256

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