taxes Property Tax Assistance

2023 ISD Summary Worksheet

083-Gaines/Gaines County

083-902/Loop ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 17,990 N/A 17,990 17,990
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 330,814 N/A 330,814 330,814
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,397,663 0.7054 17,576,068 12,397,663
D2 - FARM & RANCH IMP 572,075 N/A 572,075 572,075
E - NON-AG LAND AND IMPROVEMENTS 25,412,422 0.6484 39,192,508 25,412,422
F1 - COMMERCIAL REAL 265,910 N/A 265,910 265,910
F2 - INDUSTRIAL REAL 4,969,140 N/A 4,969,140 4,969,140
G - ALL MINERALS 130,531,312 1.0164 128,425,140 130,531,312
J - ALL UTILITIES 20,056,720 0.9786 20,495,320 20,056,720
L1 - COMMERCIAL PERSONAL 403,470 N/A 403,470 403,470
L2 - INDUSTRIAL PERSONAL 12,890,840 N/A 12,890,840 12,890,840
M1 - MOBILE HOMES 1,152,860 N/A 1,152,860 1,152,860
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 209,001,216 0 226,292,135 209,001,216
Less Total Deductions 10,031,926 0 10,031,926 10,031,926
Total Taxable Value 198,969,290 0 216,260,209 198,969,290

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 202,831,267 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 198,969,290 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 201,836,625 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 197,974,648 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 204,196,267 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 205,106,267 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 199,409,929 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 202,831,267 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 198,969,290 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 201,836,625 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 197,974,648 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 204,196,267 T13 plus the loss to the chapter 313 agreement
T16 205,106,267 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 199,409,929 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,861,977 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 994,642 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,365,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 910,000 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

223-Terry/Terry County

083-902/Loop ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 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 306,754 N/A 306,754 306,754
D2 - FARM & RANCH IMP 30,320 N/A 30,320 30,320
E - NON-AG LAND AND IMPROVEMENTS 26,778 N/A 26,778 26,778
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 2,323,620 N/A 2,323,620 2,323,620
J - ALL UTILITIES 660,477 N/A 660,477 660,477
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
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 3,347,949 0 3,347,949 3,347,949
Less Total Deductions 0 0 0 0
Total Taxable Value 3,347,949 0 3,347,949 3,347,949

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 3,347,949 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,347,949 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 3,347,949 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,347,949 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,347,949 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 3,347,949 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 3,347,949 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 3,347,949 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,347,949 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 3,347,949 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,347,949 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,347,949 T13 plus the loss to the chapter 313 agreement
T16 3,347,949 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 3,347,949 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 0 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 0 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 0 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

083-902-02/Loop ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 17,990 N/A 17,990 17,990
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 330,814 N/A 330,814 330,814
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,704,417 0.7104 17,882,822 12,704,417
D2 - FARM & RANCH IMP 602,395 N/A 602,395 602,395
E - NON-AG LAND AND IMPROVEMENTS 25,439,200 0.6486 39,219,286 25,439,200
F1 - COMMERCIAL REAL 265,910 N/A 265,910 265,910
F2 - INDUSTRIAL REAL 4,969,140 N/A 4,969,140 4,969,140
G - ALL MINERALS 132,854,932 1.0161 130,748,760 132,854,932
J - ALL UTILITIES 20,717,197 0.9793 21,155,797 20,717,197
L1 - COMMERCIAL PERSONAL 403,470 N/A 403,470 403,470
L2 - INDUSTRIAL PERSONAL 12,890,840 N/A 12,890,840 12,890,840
M1 - MOBILE HOMES 1,152,860 N/A 1,152,860 1,152,860
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 212,349,165 229,640,084 212,349,165
Less Total Deductions 10,031,926 10,031,926 10,031,926
Total Taxable Value 202,317,239 219,608,158 202,317,239

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 206,179,216 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 202,317,239 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 205,184,574 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 201,322,597 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 207,544,216 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 208,454,216 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 202,757,878 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 206,179,216 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 202,317,239 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 205,184,574 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 201,322,597 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 207,544,216 T13 plus the loss to the chapter 313 agreement
T16 208,454,216 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 202,757,878 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,861,977 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 994,642 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 1,365,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 910,000 Loss to Second Previous Homestead Increase