taxes Property Tax Assistance

2023 ISD Summary Worksheet

Lockhart ISD (all splits)   Caldwell County  

028-Caldwell/Caldwell County

028-902/Lockhart ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,637,576,095 1.0057 1,628,294,815 1,637,576,095
B - MULTIFAMILY 100,302,788 N/A 100,302,788 100,302,788
C1 - VACANT LOTS 87,009,083 N/A 87,009,083 87,009,083
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,347,246 1.0116 14,182,834 14,347,246
D2 - FARM & RANCH IMP 29,148,817 N/A 29,148,817 29,148,817
E - NON-AG LAND AND IMPROVEMENTS 1,722,491,809 1.0358 1,662,957,916 1,722,491,809
F1 - COMMERCIAL REAL 299,898,239 0.9511 315,317,253 299,898,239
F2 - INDUSTRIAL REAL 22,056,222 N/A 22,056,222 22,056,222
G - ALL MINERALS 23,059,638 N/A 23,059,638 23,059,638
J - ALL UTILITIES 161,436,720 N/A 161,436,720 161,436,720
L1 - COMMERCIAL PERSONAL 82,343,350 N/A 82,343,350 82,343,350
L2 - INDUSTRIAL PERSONAL 38,140,290 N/A 38,140,290 38,140,290
M1 - MOBILE HOMES 126,180,213 N/A 126,180,213 126,180,213
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 23,718,570 N/A 23,718,570 23,718,570
S - SPECIAL INVENTORY 7,194,350 N/A 7,194,350 7,194,350
Subtotal 4,374,903,430 0 4,321,342,859 4,374,903,430
Less Total Deductions 1,255,585,769 0 1,249,987,982 1,255,585,769
Total Taxable Value 3,119,317,661 0 3,071,354,877 3,119,317,661

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

Measure Value Description
T1 3,405,301,997 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,119,317,661 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 3,405,301,997 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,119,317,661 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,494,926,997 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 3,554,676,997 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 3,206,577,354 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 3,405,301,997 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,119,317,661 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 3,405,301,997 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,119,317,661 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,494,926,997 T13 plus the loss to the chapter 313 agreement
T16 3,554,676,997 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 3,206,577,354 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 285,984,336 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 89,625,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 59,750,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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028-902-02/Lockhart ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,637,576,095 1.0057 1,628,294,815 1,637,576,095
B - MULTIFAMILY 100,302,788 N/A 100,302,788 100,302,788
C1 - VACANT LOTS 87,009,083 N/A 87,009,083 87,009,083
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,347,246 1.0116 14,182,834 14,347,246
D2 - FARM & RANCH IMP 29,148,817 N/A 29,148,817 29,148,817
E - NON-AG LAND AND IMPROVEMENTS 1,722,491,809 1.0358 1,662,957,916 1,722,491,809
F1 - COMMERCIAL REAL 299,898,239 0.9511 315,317,253 299,898,239
F2 - INDUSTRIAL REAL 22,056,222 N/A 22,056,222 22,056,222
G - ALL MINERALS 23,059,638 N/A 23,059,638 23,059,638
J - ALL UTILITIES 161,436,720 N/A 161,436,720 161,436,720
L1 - COMMERCIAL PERSONAL 82,343,350 N/A 82,343,350 82,343,350
L2 - INDUSTRIAL PERSONAL 38,140,290 N/A 38,140,290 38,140,290
M1 - MOBILE HOMES 126,180,213 N/A 126,180,213 126,180,213
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 23,718,570 N/A 23,718,570 23,718,570
S - SPECIAL INVENTORY 7,194,350 N/A 7,194,350 7,194,350
Subtotal 4,374,903,430 4,321,342,859 4,374,903,430
Less Total Deductions 1,255,585,769 1,249,987,982 1,255,585,769
Total Taxable Value 3,119,317,661 3,071,354,877 3,119,317,661

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

Measure Value Description
T1 3,405,301,997 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,119,317,661 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 3,405,301,997 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,119,317,661 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,494,926,997 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 3,554,676,997 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 3,206,577,354 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 3,405,301,997 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,119,317,661 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 3,405,301,997 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,119,317,661 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,494,926,997 T13 plus the loss to the chapter 313 agreement
T16 3,554,676,997 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 3,206,577,354 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 285,984,336 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 89,625,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 59,750,000 Loss to Second Previous Homestead Increase

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