taxes Property Tax Assistance

2016 ISD Summary Worksheet

035/Castro

185-904/Lazbuddie ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 937,620 N/A 937,620 937,620
D2. Real Prop Farm & Ranch 401,140 N/A 401,140 401,140
E. Real Prop NonQual Acres 326,730 N/A 326,730 326,730
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 144,600 N/A 144,600 144,600
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 1,810,090 1,810,090 1,810,090
Less Total Deductions 0   0 0
Total Taxable Value 1,810,090 1,810,090 1,810,090 T2

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
1,810,090 1,810,090 1,810,090 1,810,090


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
1,810,090 1,810,090 1,810,090 1,810,090

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 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

The PVS found your local value to be valid, and local value was certified

185/Parmer

185-904/Lazbuddie ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 72,251 N/A 72,251 72,251
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 13,632 N/A 13,632 13,632
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 22,115,223 .9487 23,311,150 22,115,223
D2. Real Prop Farm & Ranch 2,233,056 N/A 2,233,056 2,233,056
E. Real Prop NonQual Acres 21,241,120 1.0424 20,377,130 21,241,120
F1. Commercial Real 998,500 N/A 998,500 998,500
F2. Industrial Real 9,071,748 N/A 9,071,748 9,071,748
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 4,143,600 .9599 4,316,700 4,143,600
L1. Commercial Personal 5,137,100 1.0113 5,079,699 5,137,100
L2. Industrial Personal 6,074,012 N/A 6,074,012 6,074,012
M. Other Personal 8,036 N/A 8,036 8,036
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 22,607 N/A 22,607 22,607
Subtotal 71,130,885 71,578,521 71,130,885
Less Total Deductions 6,042,214   6,042,214 6,042,214
Total Taxable Value 65,088,671 65,536,307 65,088,671 T2

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
66,183,646 65,088,671 66,183,646 65,088,671


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,094,975 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
66,183,646 65,088,671 66,183,646 65,088,671

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 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

The PVS found your local value to be valid, and local value was certified

185-904/Lazbuddie ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 72,251 N/A 72,251 72,251
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 13,632 N/A 13,632 13,632
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 23,052,843 .9507 24,248,770 23,052,843
D2. Real Prop Farm & Ranch 2,634,196 N/A 2,634,196 2,634,196
E. Real Prop NonQual Acres 21,567,850 1.0417 20,703,860 21,567,850
F1. Commercial Real 998,500 N/A 998,500 998,500
F2. Industrial Real 9,071,748 N/A 9,071,748 9,071,748
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 4,288,200 .9612 4,461,300 4,288,200
L1. Commercial Personal 5,137,100 1.0113 5,079,699 5,137,100
L2. Industrial Personal 6,074,012 N/A 6,074,012 6,074,012
M. Other Personal 8,036 N/A 8,036 8,036
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 22,607 N/A 22,607 22,607
Subtotal 72,940,975 73,388,611 72,940,975
Less Total Deductions 6,042,214   6,042,214 6,042,214
Total Taxable Value 66,898,761 67,346,397 66,898,761 T2

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