taxes Property Tax Assistance

2021 ISD Summary Worksheet

153-Lynn /Lynn County

153-904/Tahoka ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	77,788,220	0.9286	83,769,352	77,788,220
B - MULTIFAMILY	255,060	N/A	255,060	255,060
C1 - VACANT LOTS	755,930	N/A	755,930	755,930
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	40,353,460	1.0011	40,309,058	40,353,460
D2 - FARM & RANCH IMP	4,397,160	N/A	4,397,160	4,397,160
E - NON-AG LAND AND IMPROVEMENTS	16,409,110	0.8986	18,260,750	16,409,110
F1 - COMMERCIAL REAL	19,492,780	1.0091	19,316,995	19,492,780
F2 - INDUSTRIAL REAL	269,160,550	N/A	269,160,550	269,160,550
G - ALL MINERALS	642,470	N/A	642,470	642,470
J - ALL UTILITIES	30,414,620	0.8666	35,096,492	30,414,620
L1 - COMMERCIAL PERSONAL	3,517,050	N/A	3,517,050	3,517,050
L2 - INDUSTRIAL PERSONAL	3,815,904	N/A	3,815,904	3,815,904
M1 - MOBILE HOMES	2,222,630	N/A	2,222,630	2,222,630
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	57,386	N/A	57,386	57,386
Subtotal	469,282,330	0	481,576,787	469,282,330
Less Total Deductions	281,485,996	0	283,475,313	281,485,996
Total Taxable Value	187,796,334	0	198,101,474	187,796,334

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
193,868,414	187,796,334	193,868,414	187,796,334

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
6,072,080	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
443,040,444	436,968,364	443,040,444	436,968,364

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 YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

223-Terry /Terry County

153-904/Tahoka ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	0	N/A	0	0
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	577,420	N/A	577,420	577,420
D2 - FARM & RANCH IMP	0	N/A	0	0
E - NON-AG LAND AND IMPROVEMENTS	156,500	N/A	156,500	156,500
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	111,886	N/A	111,886	111,886
L1 - COMMERCIAL PERSONAL	0	N/A	0	0
L2 - INDUSTRIAL PERSONAL	999	N/A	999	999
M1 - MOBILE HOMES	0	N/A	0	0
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	846,805	0	846,805	846,805
Less Total Deductions	0	0	0	0
Total Taxable Value	846,805	0	846,805	846,805

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
846,805	846,805	846,805	846,805

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
0	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
846,805	846,805	846,805	846,805

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

153-904-02/Tahoka ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	77,788,220	0.9286	83,769,352	77,788,220
B - MULTIFAMILY	255,060	N/A	255,060	255,060
C1 - VACANT LOTS	755,930	N/A	755,930	755,930
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	40,930,880	1.0011	40,886,478	40,930,880
D2 - FARM & RANCH IMP	4,397,160	N/A	4,397,160	4,397,160
E - NON-AG LAND AND IMPROVEMENTS	16,565,610	0.8995	18,417,250	16,565,610
F1 - COMMERCIAL REAL	19,492,780	1.0091	19,316,995	19,492,780
F2 - INDUSTRIAL REAL	269,160,550	N/A	269,160,550	269,160,550
G - ALL MINERALS	642,470	N/A	642,470	642,470
J - ALL UTILITIES	30,526,506	0.8670	35,208,378	30,526,506
L1 - COMMERCIAL PERSONAL	3,517,050	N/A	3,517,050	3,517,050
L2 - INDUSTRIAL PERSONAL	3,816,903	N/A	3,816,903	3,816,903
M1 - MOBILE HOMES	2,222,630	N/A	2,222,630	2,222,630
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	57,386	N/A	57,386	57,386
Subtotal	470,129,135		482,423,592	470,129,135
Less Total Deductions	281,485,996		283,475,313	281,485,996
Total Taxable Value	188,643,139		198,948,279	188,643,139

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
194,715,219	188,643,139	194,715,219	188,643,139

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
6,072,080	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
443,887,249	437,815,169	443,887,249	437,815,169

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