taxes Property Tax Assistance

2022 ISD Summary Worksheet

095-Hale/Hale County

140-905/Olton ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 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	4,984,914	1.5896	3,135,901	4,984,914
D2 - FARM & RANCH IMP	545,168	N/A	545,168	545,168
E - NON-AG LAND AND IMPROVEMENTS	7,265,658	0.8604	8,444,512	7,265,658
F1 - COMMERCIAL REAL	61,861	N/A	61,861	61,861
F2 - INDUSTRIAL REAL	190,408	N/A	190,408	190,408
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	9,538,180	0.8911	10,703,827	9,538,180
L1 - COMMERCIAL PERSONAL	453,133	N/A	453,133	453,133
L2 - INDUSTRIAL PERSONAL	302,084	N/A	302,084	302,084
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	23,341,406	0	23,836,894	23,341,406
Less Total Deductions	2,348,242	0	2,348,242	2,348,242
Total Taxable Value	20,993,164	0	21,488,652	20,993,164

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
21,467,017	20,993,164	21,467,017	20,993,164	21,827,017

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
473,853	0	360,000

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
21,467,017	20,993,164	21,467,017	20,993,164	21,827,017

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-Lamb/Lamb County

140-905/Olton ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	45,799,750	0.8713	52,564,846	45,799,750
B - MULTIFAMILY	139,420	N/A	139,420	139,420
C1 - VACANT LOTS	385,820	N/A	385,820	385,820
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	23,028,248	1.6260	14,162,339	23,028,248
D2 - FARM & RANCH IMP	2,444,801	N/A	2,444,801	2,444,801
E - NON-AG LAND AND IMPROVEMENTS	23,608,680	0.8082	29,211,433	23,608,680
F1 - COMMERCIAL REAL	5,033,710	N/A	5,033,710	5,033,710
F2 - INDUSTRIAL REAL	9,943,750	N/A	9,943,750	9,943,750
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	19,491,520	N/A	19,491,520	19,491,520
L1 - COMMERCIAL PERSONAL	7,836,520	0.9962	7,866,412	7,836,520
L2 - INDUSTRIAL PERSONAL	2,764,780	N/A	2,764,780	2,764,780
M1 - MOBILE HOMES	1,602,400	N/A	1,602,400	1,602,400
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	818,080	N/A	818,080	818,080
Subtotal	142,897,479	0	146,429,311	142,897,479
Less Total Deductions	21,265,646	0	23,544,574	21,265,646
Total Taxable Value	121,631,833	0	122,884,737	121,631,833

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
124,407,482	121,631,833	124,407,482	121,631,833	129,557,482

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
2,775,649	0	5,150,000

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
124,407,482	121,631,833	124,407,482	121,631,833	129,557,482

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

140-905-02/Olton ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	45,799,750	0.8713	52,564,846	45,799,750
B - MULTIFAMILY	139,420	N/A	139,420	139,420
C1 - VACANT LOTS	385,820	N/A	385,820	385,820
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	28,013,162	1.6194	17,298,240	28,013,162
D2 - FARM & RANCH IMP	2,989,969	N/A	2,989,969	2,989,969
E - NON-AG LAND AND IMPROVEMENTS	30,874,338	0.8199	37,655,945	30,874,338
F1 - COMMERCIAL REAL	5,095,571	N/A	5,095,571	5,095,571
F2 - INDUSTRIAL REAL	10,134,158	N/A	10,134,158	10,134,158
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	29,029,700	0.9614	30,195,347	29,029,700
L1 - COMMERCIAL PERSONAL	8,289,653	0.9964	8,319,545	8,289,653
L2 - INDUSTRIAL PERSONAL	3,066,864	N/A	3,066,864	3,066,864
M1 - MOBILE HOMES	1,602,400	N/A	1,602,400	1,602,400
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	818,080	N/A	818,080	818,080
Subtotal	166,238,885		170,266,205	166,238,885
Less Total Deductions	23,613,888		25,892,816	23,613,888
Total Taxable Value	142,624,997		144,373,389	142,624,997

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
145,874,499	142,624,997	145,874,499	142,624,997	151,384,499

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
3,249,502	0	5,510,000

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
145,874,499	142,624,997	145,874,499	142,624,997	151,384,499

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