taxes Property Tax Assistance

2023 ISD Summary Worksheet

Prairiland ISD (all splits)   Lamar County   Red River County  

139-Lamar/Lamar County

139-912/Prairiland ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 159,039,453 0.9983 159,310,280 159,039,453
B - MULTIFAMILY 6,180,660 N/A 6,180,660 6,180,660
C1 - VACANT LOTS 3,574,750 N/A 3,574,750 3,574,750
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,099,764 0.8152 12,389,633 10,099,764
D2 - FARM & RANCH IMP 7,487,137 N/A 7,487,137 7,487,137
E - NON-AG LAND AND IMPROVEMENTS 311,520,341 1.0401 299,509,990 311,520,341
F1 - COMMERCIAL REAL 36,895,626 0.8871 41,591,282 36,895,626
F2 - INDUSTRIAL REAL 1,346,110 N/A 1,346,110 1,346,110
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 45,571,670 1.0009 45,530,692 45,571,670
L1 - COMMERCIAL PERSONAL 8,956,660 0.9829 9,112,483 8,956,660
L2 - INDUSTRIAL PERSONAL 613,298,510 N/A 613,298,510 613,298,510
M1 - MOBILE HOMES 3,192,989 N/A 3,192,989 3,192,989
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 27,680 N/A 27,680 27,680
S - SPECIAL INVENTORY 27,630 N/A 27,630 27,630
Subtotal 1,207,218,980 0 1,202,579,826 1,207,218,980
Less Total Deductions 757,448,868 0 757,776,447 757,448,868
Total Taxable Value 449,770,112 0 444,803,379 449,770,112

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 525,922,145 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 449,770,112 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 525,922,145 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 449,770,112 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 552,562,145 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 570,322,145 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 459,234,601 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 1,009,685,643 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 933,533,610 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 1,009,685,643 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 933,533,610 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,036,325,643 T13 plus the loss to the chapter 313 agreement
T16 1,054,085,643 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 942,998,099 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 76,152,033 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 26,640,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 17,760,000 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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194-Red River/Red River County

139-912/Prairiland ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,631,596 N/A 3,631,596 3,631,596
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 429,975 N/A 429,975 429,975
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,401,463 N/A 2,401,463 2,401,463
D2 - FARM & RANCH IMP 234,055 N/A 234,055 234,055
E - NON-AG LAND AND IMPROVEMENTS 5,111,925 N/A 5,111,925 5,111,925
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 4,420,856 N/A 4,420,856 4,420,856
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 50,614,594 N/A 50,614,594 50,614,594
M1 - MOBILE HOMES 236,197 N/A 236,197 236,197
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 67,080,661 0 67,080,661 67,080,661
Less Total Deductions 4,036,466 0 4,036,466 4,036,466
Total Taxable Value 63,044,195 0 63,044,195 63,044,195

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 64,123,226 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 63,044,195 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 64,123,226 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 63,044,195 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 64,693,226 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 65,073,226 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 63,327,616 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 64,123,226 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 63,044,195 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 64,123,226 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 63,044,195 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 64,693,226 T13 plus the loss to the chapter 313 agreement
T16 65,073,226 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 63,327,616 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,079,031 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 570,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 380,000 Loss to Second Previous Homestead Increase

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


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139-912-02/Prairiland ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 162,671,049 0.9983 162,941,876 162,671,049
B - MULTIFAMILY 6,180,660 N/A 6,180,660 6,180,660
C1 - VACANT LOTS 4,004,725 N/A 4,004,725 4,004,725
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,501,227 0.8452 14,791,096 12,501,227
D2 - FARM & RANCH IMP 7,721,192 N/A 7,721,192 7,721,192
E - NON-AG LAND AND IMPROVEMENTS 316,632,266 1.0394 304,621,915 316,632,266
F1 - COMMERCIAL REAL 36,895,626 0.8871 41,591,282 36,895,626
F2 - INDUSTRIAL REAL 1,346,110 N/A 1,346,110 1,346,110
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 49,992,526 1.0008 49,951,548 49,992,526
L1 - COMMERCIAL PERSONAL 8,956,660 0.9829 9,112,483 8,956,660
L2 - INDUSTRIAL PERSONAL 663,913,104 N/A 663,913,104 663,913,104
M1 - MOBILE HOMES 3,429,186 N/A 3,429,186 3,429,186
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 27,680 N/A 27,680 27,680
S - SPECIAL INVENTORY 27,630 N/A 27,630 27,630
Subtotal 1,274,299,641 1,269,660,487 1,274,299,641
Less Total Deductions 761,485,334 761,812,913 761,485,334
Total Taxable Value 512,814,307 507,847,574 512,814,307

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 590,045,371 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 512,814,307 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 590,045,371 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 512,814,307 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 617,255,371 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 635,395,371 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 522,562,217 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 1,073,808,869 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 996,577,805 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 1,073,808,869 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 996,577,805 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,101,018,869 T13 plus the loss to the chapter 313 agreement
T16 1,119,158,869 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,006,325,715 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 77,231,064 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 27,210,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 18,140,000 Loss to Second Previous Homestead Increase

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