taxes Property Tax Assistance

2016 ISD Summary Worksheet

152/Lubbock

152-903/Slaton ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 209,504,681 N/A 209,504,681 209,504,681
B. Multi-Family Residences 3,585,460 N/A 3,585,460 3,585,460
C1. Vacant Lots 3,016,770 N/A 3,016,770 3,016,770
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,805,608 N/A 5,805,608 5,805,608
D2. Real Prop Farm & Ranch 377,677 N/A 377,677 377,677
E. Real Prop NonQual Acres 13,511,850 N/A 13,511,850 13,511,850
F1. Commercial Real 36,262,721 N/A 36,262,721 36,262,721
F2. Industrial Real 1,296,714 N/A 1,296,714 1,296,714
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 122,248,978 N/A 122,248,978 122,248,978
L1. Commercial Personal 30,946,734 N/A 30,946,734 30,946,734
L2. Industrial Personal 13,611,619 N/A 13,611,619 13,611,619
M. Other Personal 1,470,673 N/A 1,470,673 1,470,673
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 308,424 N/A 308,424 308,424
S. Special Inventory 2,605,946 N/A 2,605,946 2,605,946
Subtotal 444,553,855 444,553,855 444,553,855
Less Total Deductions 79,992,252   79,992,252 79,992,252
Total Taxable Value 364,561,603 364,561,603 364,561,603 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
379,354,146 364,561,603 379,354,146 364,561,603


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,792,543 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
379,354,146 364,561,603 379,354,146 364,561,603

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

153/Lynn

152-903/Slaton 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) 1,323,800 N/A 1,323,800 1,323,800
D2. Real Prop Farm & Ranch 145,770 N/A 145,770 145,770
E. Real Prop NonQual Acres 819,750 N/A 819,750 819,750
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 143,660 N/A 143,660 143,660
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 11,160 N/A 11,160 11,160
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 2,444,140 2,444,140 2,444,140
Less Total Deductions 494,669   494,669 494,669
Total Taxable Value 1,949,471 1,949,471 1,949,471 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
2,019,471 1,949,471 2,019,471 1,949,471


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
70,000 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
2,019,471 1,949,471 2,019,471 1,949,471

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

152-903/Slaton ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 209,504,681 N/A 209,504,681 209,504,681
B. Multi-Family Residences 3,585,460 N/A 3,585,460 3,585,460
C1. Vacant Lots 3,016,770 N/A 3,016,770 3,016,770
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,129,408 N/A 7,129,408 7,129,408
D2. Real Prop Farm & Ranch 523,447 N/A 523,447 523,447
E. Real Prop NonQual Acres 14,331,600 N/A 14,331,600 14,331,600
F1. Commercial Real 36,262,721 N/A 36,262,721 36,262,721
F2. Industrial Real 1,296,714 N/A 1,296,714 1,296,714
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 122,392,638 N/A 122,392,638 122,392,638
L1. Commercial Personal 30,946,734 N/A 30,946,734 30,946,734
L2. Industrial Personal 13,611,619 N/A 13,611,619 13,611,619
M. Other Personal 1,481,833 N/A 1,481,833 1,481,833
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 308,424 N/A 308,424 308,424
S. Special Inventory 2,605,946 N/A 2,605,946 2,605,946
Subtotal 446,997,995 446,997,995 446,997,995
Less Total Deductions 80,486,921   80,486,921 80,486,921
Total Taxable Value 366,511,074 366,511,074 366,511,074 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