taxes Property Tax Assistance

2022 ISD Summary Worksheet

009-Bailey /Bailey County

009-901/Muleshoe ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 98,515,139 0.7210 136,636,809 136,636,809
B - MULTIFAMILY 1,598,187 N/A 1,598,187 1,598,187
C1 - VACANT LOTS 1,015,484 N/A 1,015,484 1,015,484
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 25,223,524 1.6355 15,422,795 15,422,795
D2 - FARM & RANCH IMP 2,369,350 N/A 2,369,350 2,369,350
E - NON-AG LAND AND IMPROVEMENTS 35,288,669 0.6894 51,187,509 51,187,509
F1 - COMMERCIAL REAL 21,434,582 0.9653 22,205,099 22,205,099
F2 - INDUSTRIAL REAL 37,372,772 N/A 37,372,772 37,372,772
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 62,248,212 0.9107 68,352,050 68,352,050
L1 - COMMERCIAL PERSONAL 32,623,338 1.0247 31,836,965 31,836,965
L2 - INDUSTRIAL PERSONAL 25,174,659 N/A 25,174,659 25,174,659
M1 - MOBILE HOMES 4,499,172 N/A 4,499,172 4,499,172
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 5,492,314 N/A 5,492,314 5,492,314
Subtotal 352,855,402 0 403,163,165 403,163,165
Less Total Deductions 47,818,779 0 61,724,678 61,724,678
Total Taxable Value 305,036,623 0 341,438,487 341,438,487

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 T13
351,393,832 341,438,487 351,393,832 341,438,487 362,933,832


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
9,955,345 0 11,540,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
351,393,832 341,438,487 351,393,832 341,438,487 362,933,832

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

140-Lamb /Lamb County

009-901/Muleshoe ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 639,130 N/A 639,130 639,130
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 3,272,989 N/A 3,272,989 3,272,989
D2 - FARM & RANCH IMP 218,190 N/A 218,190 218,190
E - NON-AG LAND AND IMPROVEMENTS 2,802,838 N/A 2,802,838 2,802,838
F1 - COMMERCIAL REAL 190,200 N/A 190,200 190,200
F2 - INDUSTRIAL REAL 3,082,820 N/A 3,082,820 3,082,820
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 997,780 N/A 997,780 997,780
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 2,980 N/A 2,980 2,980
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 11,206,927 0 11,206,927 11,206,927
Less Total Deductions 404,745 0 404,745 404,745
Total Taxable Value 10,802,182 0 10,802,182 10,802,182

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 T13
10,844,782 10,802,182 10,844,782 10,802,182 10,984,782


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
42,600 0 140,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
10,844,782 10,802,182 10,844,782 10,802,182 10,984,782

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

009-901-02/Muleshoe ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 99,154,269 0.7223 137,275,939 137,275,939
B - MULTIFAMILY 1,598,187 N/A 1,598,187 1,598,187
C1 - VACANT LOTS 1,015,484 N/A 1,015,484 1,015,484
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 28,496,513 1.5242 18,695,784 18,695,784
D2 - FARM & RANCH IMP 2,587,540 N/A 2,587,540 2,587,540
E - NON-AG LAND AND IMPROVEMENTS 38,091,507 0.7055 53,990,347 53,990,347
F1 - COMMERCIAL REAL 21,624,782 0.9656 22,395,299 22,395,299
F2 - INDUSTRIAL REAL 40,455,592 N/A 40,455,592 40,455,592
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 63,245,992 0.9120 69,349,830 69,349,830
L1 - COMMERCIAL PERSONAL 32,623,338 1.0247 31,836,965 31,836,965
L2 - INDUSTRIAL PERSONAL 25,174,659 N/A 25,174,659 25,174,659
M1 - MOBILE HOMES 4,502,152 N/A 4,502,152 4,502,152
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 5,492,314 N/A 5,492,314 5,492,314
Subtotal 364,062,329 414,370,092 414,370,092
Less Total Deductions 48,223,524 62,129,423 62,129,423
Total Taxable Value 315,838,805 352,240,669 352,240,669

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 T13
362,238,614 352,240,669 362,238,614 352,240,669 373,918,614


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
9,997,945 0 11,680,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
362,238,614 352,240,669 362,238,614 352,240,669 373,918,614

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement