taxes Property Tax Assistance

2022 ISD Summary Worksheet

195-Reeves /Reeves County

195-902/Balmorhea ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	18,123,842	1.0052	18,030,086	18,123,842
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	3,480,499	N/A	3,480,499	3,480,499
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,819,898	0.8781	2,072,462	1,819,898
D2 - FARM & RANCH IMP	141,489	N/A	141,489	141,489
E - NON-AG LAND AND IMPROVEMENTS	26,758,905	0.8125	32,934,037	26,758,905
F1 - COMMERCIAL REAL	2,789,187	N/A	2,789,187	2,789,187
F2 - INDUSTRIAL REAL	221,177,164	N/A	221,177,164	221,177,164
G - ALL MINERALS	745,684,577	1.0136	735,679,338	745,684,577
J - ALL UTILITIES	30,472,046	N/A	30,472,046	30,472,046
L1 - COMMERCIAL PERSONAL	1,077,433	N/A	1,077,433	1,077,433
L2 - INDUSTRIAL PERSONAL	33,223,248	N/A	33,223,248	33,223,248
M1 - MOBILE HOMES	3,240,962	N/A	3,240,962	3,240,962
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	1,087,989,250	0	1,084,317,951	1,087,989,250
Less Total Deductions	20,410,844	0	20,353,556	20,410,844
Total Taxable Value	1,067,578,406	0	1,063,964,395	1,067,578,406

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
1,068,848,104	1,067,578,406	1,068,848,104	1,067,578,406	1,070,288,104

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
1,269,698	0	1,440,000

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
1,068,848,104	1,067,578,406	1,068,848,104	1,067,578,406	1,070,288,104

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

195-902-02/Balmorhea ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	18,123,842	1.0052	18,030,086	18,123,842
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	3,480,499	N/A	3,480,499	3,480,499
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,819,898	0.8781	2,072,462	1,819,898
D2 - FARM & RANCH IMP	141,489	N/A	141,489	141,489
E - NON-AG LAND AND IMPROVEMENTS	26,758,905	0.8125	32,934,037	26,758,905
F1 - COMMERCIAL REAL	2,789,187	N/A	2,789,187	2,789,187
F2 - INDUSTRIAL REAL	221,177,164	N/A	221,177,164	221,177,164
G - ALL MINERALS	745,684,577	1.0136	735,679,338	745,684,577
J - ALL UTILITIES	30,472,046	N/A	30,472,046	30,472,046
L1 - COMMERCIAL PERSONAL	1,077,433	N/A	1,077,433	1,077,433
L2 - INDUSTRIAL PERSONAL	33,223,248	N/A	33,223,248	33,223,248
M1 - MOBILE HOMES	3,240,962	N/A	3,240,962	3,240,962
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	1,087,989,250		1,084,317,951	1,087,989,250
Less Total Deductions	20,410,844		20,353,556	20,410,844
Total Taxable Value	1,067,578,406		1,063,964,395	1,067,578,406

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
1,068,848,104	1,067,578,406	1,068,848,104	1,067,578,406	1,070,288,104

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
1,269,698	0	1,440,000

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
1,068,848,104	1,067,578,406	1,068,848,104	1,067,578,406	1,070,288,104

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