taxes Property Tax Assistance

2023 ISD Summary Worksheet

Lometa ISD (all splits)   Lampasas County   Mills County  

141-Lampasas/Lampasas County

141-902/Lometa ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 74,843,688 1.0408 71,909,769 74,843,688
B - MULTIFAMILY 786,420 N/A 786,420 786,420
C1 - VACANT LOTS 7,647,950 N/A 7,647,950 7,647,950
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,831,369 1.0542 10,274,519 10,831,369
D2 - FARM & RANCH IMP 1,810,235 N/A 1,810,235 1,810,235
E - NON-AG LAND AND IMPROVEMENTS 121,753,041 1.0605 114,807,205 121,753,041
F1 - COMMERCIAL REAL 7,155,170 N/A 7,155,170 7,155,170
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 50,884,160 0.9644 52,762,505 50,884,160
L1 - COMMERCIAL PERSONAL 4,686,170 N/A 4,686,170 4,686,170
L2 - INDUSTRIAL PERSONAL 1,183,410 N/A 1,183,410 1,183,410
M1 - MOBILE HOMES 6,045,599 N/A 6,045,599 6,045,599
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 287,627,212 0 279,068,952 287,627,212
Less Total Deductions 81,482,361 0 78,687,632 81,482,361
Total Taxable Value 206,144,851 0 200,381,320 206,144,851

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 221,323,798 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 206,144,851 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 221,323,798 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 206,144,851 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 227,668,798 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 231,898,798 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 210,571,961 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 221,323,798 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 206,144,851 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 221,323,798 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 206,144,851 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 227,668,798 T13 plus the loss to the chapter 313 agreement
T16 231,898,798 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 210,571,961 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 15,178,947 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 6,345,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 4,230,000 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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167-Mills/Mills County

141-902/Lometa ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 129,440 N/A 129,440 129,440
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 3,461,470 N/A 3,461,470 3,461,470
D2 - FARM & RANCH IMP 956,470 N/A 956,470 956,470
E - NON-AG LAND AND IMPROVEMENTS 15,229,890 N/A 15,229,890 15,229,890
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 6,241,490 N/A 6,241,490 6,241,490
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 6,073,500 N/A 6,073,500 6,073,500
L1 - COMMERCIAL PERSONAL 159,650 N/A 159,650 159,650
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 177,080 N/A 177,080 177,080
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 32,428,990 0 32,428,990 32,428,990
Less Total Deductions 3,793,306 0 3,793,306 3,793,306
Total Taxable Value 28,635,684 0 28,635,684 28,635,684

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 29,809,194 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 28,635,684 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 29,809,194 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 28,635,684 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 30,229,194 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 30,509,194 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 29,201,023 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 29,809,194 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 28,635,684 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 29,809,194 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 28,635,684 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 30,229,194 T13 plus the loss to the chapter 313 agreement
T16 30,509,194 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 29,201,023 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,173,510 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 420,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 280,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED


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141-902-02/Lometa ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 74,973,128 1.0407 72,039,209 74,973,128
B - MULTIFAMILY 786,420 N/A 786,420 786,420
C1 - VACANT LOTS 7,647,950 N/A 7,647,950 7,647,950
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,292,839 1.0405 13,735,989 14,292,839
D2 - FARM & RANCH IMP 2,766,705 N/A 2,766,705 2,766,705
E - NON-AG LAND AND IMPROVEMENTS 136,982,931 1.0534 130,037,095 136,982,931
F1 - COMMERCIAL REAL 7,155,170 N/A 7,155,170 7,155,170
F2 - INDUSTRIAL REAL 6,241,490 N/A 6,241,490 6,241,490
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 56,957,660 0.9681 58,836,005 56,957,660
L1 - COMMERCIAL PERSONAL 4,845,820 N/A 4,845,820 4,845,820
L2 - INDUSTRIAL PERSONAL 1,183,410 N/A 1,183,410 1,183,410
M1 - MOBILE HOMES 6,222,679 N/A 6,222,679 6,222,679
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 320,056,202 311,497,942 320,056,202
Less Total Deductions 85,275,667 82,480,938 85,275,667
Total Taxable Value 234,780,535 229,017,004 234,780,535

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 251,132,992 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 234,780,535 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 251,132,992 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 234,780,535 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 257,897,992 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 262,407,992 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 239,772,984 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 251,132,992 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 234,780,535 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 251,132,992 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 234,780,535 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 257,897,992 T13 plus the loss to the chapter 313 agreement
T16 262,407,992 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 239,772,984 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 16,352,457 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 6,765,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 4,510,000 Loss to Second Previous Homestead Increase

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