taxes Property Tax Assistance

2016 ISD Summary Worksheet

054/Crosby

054-902/Lorenzo ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 22,380,565 .9304 24,054,778 22,380,565
B. Multi-Family Residences 268,175 N/A 268,175 268,175
C1. Vacant Lots 345,668 N/A 345,668 345,668
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 27,920,329 1.0026 27,846,756 27,920,329
D2. Real Prop Farm & Ranch 1,205,297 N/A 1,205,297 1,205,297
E. Real Prop NonQual Acres 5,010,143 N/A 5,010,143 5,010,143
F1. Commercial Real 2,259,939 N/A 2,259,939 2,259,939
F2. Industrial Real 33,188,035 N/A 33,188,035 33,188,035
G. Oil, Gas, Minerals 40,601,845 1.0526 38,572,910 40,601,845
J. Utilities 4,601,319 N/A 4,601,319 4,601,319
L1. Commercial Personal 2,535,988 N/A 2,535,988 2,535,988
L2. Industrial Personal 11,910,937 N/A 11,910,937 11,910,937
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 1,811,735 N/A 1,811,735 1,811,735
Subtotal 154,039,975 153,611,680 154,039,975
Less Total Deductions 30,460,972   30,921,286 30,460,972
Total Taxable Value 123,579,003 122,690,394 123,579,003 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
125,627,941 123,579,003 125,627,941 123,579,003


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,048,938 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
147,777,515 145,728,577 147,777,515 145,728,577

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

152/Lubbock

054-902/Lorenzo ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,353,144 N/A 1,353,144 1,353,144
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 119,033 N/A 119,033 119,033
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,100,091 N/A 5,100,091 5,100,091
D2. Real Prop Farm & Ranch 3,000 N/A 3,000 3,000
E. Real Prop NonQual Acres 3,785,340 N/A 3,785,340 3,785,340
F1. Commercial Real 699,436 N/A 699,436 699,436
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 996,880 N/A 996,880 996,880
L1. Commercial Personal 129,033 N/A 129,033 129,033
L2. Industrial Personal 1,417,460 N/A 1,417,460 1,417,460
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 13,603,417 13,603,417 13,603,417
Less Total Deductions 836,237   836,237 836,237
Total Taxable Value 12,767,180 12,767,180 12,767,180 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
12,917,180 12,767,180 12,917,180 12,767,180


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
150,000 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
12,917,180 12,767,180 12,917,180 12,767,180

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

054-902/Lorenzo ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 23,733,709 .9341 25,407,922 23,733,709
B. Multi-Family Residences 268,175 N/A 268,175 268,175
C1. Vacant Lots 464,701 N/A 464,701 464,701
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 33,020,420 1.0022 32,946,847 33,020,420
D2. Real Prop Farm & Ranch 1,208,297 N/A 1,208,297 1,208,297
E. Real Prop NonQual Acres 8,795,483 N/A 8,795,483 8,795,483
F1. Commercial Real 2,959,375 N/A 2,959,375 2,959,375
F2. Industrial Real 33,188,035 N/A 33,188,035 33,188,035
G. Oil, Gas, Minerals 40,601,845 1.0526 38,572,910 40,601,845
J. Utilities 5,598,199 N/A 5,598,199 5,598,199
L1. Commercial Personal 2,665,021 N/A 2,665,021 2,665,021
L2. Industrial Personal 13,328,397 N/A 13,328,397 13,328,397
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 1,811,735 N/A 1,811,735 1,811,735
Subtotal 167,643,392 167,215,097 167,643,392
Less Total Deductions 31,297,209   31,757,523 31,297,209
Total Taxable Value 136,346,183 135,457,574 136,346,183 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