taxes Property Tax Assistance

2022 ISD Summary Worksheet

140-Lamb/Lamb County

140-901/Amherst ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	11,568,040	0.7863	14,711,993	11,568,040
B - MULTIFAMILY	62,082	N/A	62,082	62,082
C1 - VACANT LOTS	124,430	N/A	124,430	124,430
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,757,630	1.7368	4,466,555	7,757,630
D2 - FARM & RANCH IMP	1,213,300	N/A	1,213,300	1,213,300
E - NON-AG LAND AND IMPROVEMENTS	8,257,640	0.8786	9,398,634	8,257,640
F1 - COMMERCIAL REAL	964,600	N/A	964,600	964,600
F2 - INDUSTRIAL REAL	11,034,690	N/A	11,034,690	11,034,690
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	14,193,800	0.9053	15,678,560	14,193,800
L1 - COMMERCIAL PERSONAL	1,240,580	N/A	1,240,580	1,240,580
L2 - INDUSTRIAL PERSONAL	2,051,660	N/A	2,051,660	2,051,660
M1 - MOBILE HOMES	1,309,430	N/A	1,309,430	1,309,430
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	59,777,882	0	62,256,514	59,777,882
Less Total Deductions	7,192,296	0	8,520,630	7,192,296
Total Taxable Value	52,585,586	0	53,735,884	52,585,586

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	T13
53,474,512	52,585,586	53,474,512	52,585,586	55,284,512

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
888,926	0	1,810,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
53,474,512	52,585,586	53,474,512	52,585,586	55,284,512

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

140-901-02/Amherst ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	11,568,040	0.7863	14,711,993	11,568,040
B - MULTIFAMILY	62,082	N/A	62,082	62,082
C1 - VACANT LOTS	124,430	N/A	124,430	124,430
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,757,630	1.7368	4,466,555	7,757,630
D2 - FARM & RANCH IMP	1,213,300	N/A	1,213,300	1,213,300
E - NON-AG LAND AND IMPROVEMENTS	8,257,640	0.8786	9,398,634	8,257,640
F1 - COMMERCIAL REAL	964,600	N/A	964,600	964,600
F2 - INDUSTRIAL REAL	11,034,690	N/A	11,034,690	11,034,690
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	14,193,800	0.9053	15,678,560	14,193,800
L1 - COMMERCIAL PERSONAL	1,240,580	N/A	1,240,580	1,240,580
L2 - INDUSTRIAL PERSONAL	2,051,660	N/A	2,051,660	2,051,660
M1 - MOBILE HOMES	1,309,430	N/A	1,309,430	1,309,430
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	59,777,882		62,256,514	59,777,882
Less Total Deductions	7,192,296		8,520,630	7,192,296
Total Taxable Value	52,585,586		53,735,884	52,585,586

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	T13
53,474,512	52,585,586	53,474,512	52,585,586	55,284,512

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
888,926	0	1,810,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
53,474,512	52,585,586	53,474,512	52,585,586	55,284,512

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement