taxes Property Tax Assistance

2017 ISD Summary Worksheet

090/Gray

090-902/Lefors ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 7,468,880 N/A 7,468,880 7,468,880
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 299,130 N/A 299,130 299,130
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,419,520 N/A 3,419,520 3,419,520
D2. Real Prop Farm & Ranch 169,320 N/A 169,320 169,320
E. Real Prop NonQual Acres 4,606,710 N/A 4,606,710 4,606,710
F1. Commercial Real 334,390 N/A 334,390 334,390
F2. Industrial Real 156,450 N/A 156,450 156,450
G. Oil, Gas, Minerals 32,155,730 N/A 32,155,730 32,155,730
J. Utilities 50,214,610 N/A 50,214,610 50,214,610
L1. Commercial Personal 1,443,860 N/A 1,443,860 1,443,860
L2. Industrial Personal 2,799,700 N/A 2,799,700 2,799,700
M. Other Personal 207,890 N/A 207,890 207,890
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 103,276,190 103,276,190 103,276,190
Less Total Deductions 4,690,180   4,690,180 4,690,180
Total Taxable Value 98,586,010 98,586,010 98,586,010 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
99,236,120 98,586,010 99,236,120 98,586,010


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
650,110 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
99,236,120 98,586,010 99,236,120 98,586,010

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