taxes Property Tax Assistance

2022 ISD Summary Worksheet

141-Lampasas /Lampasas County

141-902/Lometa ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 39,384,720 N/A 39,384,720 39,384,720
B - MULTIFAMILY 555,220 N/A 555,220 555,220
C1 - VACANT LOTS 3,804,690 N/A 3,804,690 3,804,690
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 10,773,580 N/A 10,773,580 10,773,580
D2 - FARM & RANCH IMP 1,822,020 N/A 1,822,020 1,822,020
E - NON-AG LAND AND IMPROVEMENTS 109,332,400 N/A 109,332,400 109,332,400
F1 - COMMERCIAL REAL 6,201,160 N/A 6,201,160 6,201,160
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 42,613,303 N/A 42,613,303 42,613,303
L1 - COMMERCIAL PERSONAL 1,047,990 N/A 1,047,990 1,047,990
L2 - INDUSTRIAL PERSONAL 957,380 N/A 957,380 957,380
M1 - MOBILE HOMES 3,059,360 N/A 3,059,360 3,059,360
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 219,551,823 0 219,551,823 219,551,823
Less Total Deductions 43,672,639 0 43,672,639 43,672,639
Total Taxable Value 175,879,184 0 175,879,184 175,879,184

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
180,279,511 175,879,184 180,279,511 175,879,184 183,749,511


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
4,400,327 0 3,470,000


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
180,279,511 175,879,184 180,279,511 175,879,184 183,749,511

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

167-Mills /Mills County

141-902/Lometa ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 137,850 N/A 137,850 137,850
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 3,100,680 N/A 3,100,680 3,100,680
D2 - FARM & RANCH IMP 940,410 N/A 940,410 940,410
E - NON-AG LAND AND IMPROVEMENTS 10,788,380 N/A 10,788,380 10,788,380
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 7,432,880 N/A 7,432,880 7,432,880
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,438,760 N/A 5,438,760 5,438,760
L1 - COMMERCIAL PERSONAL 70 N/A 70 70
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 64,980 N/A 64,980 64,980
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 27,904,010 0 27,904,010 27,904,010
Less Total Deductions 2,267,050 0 2,267,050 2,267,050
Total Taxable Value 25,636,960 0 25,636,960 25,636,960

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
25,961,303 25,636,960 25,961,303 25,636,960 26,231,303


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
324,343 0 270,000


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
25,961,303 25,636,960 25,961,303 25,636,960 26,231,303

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

141-902-02/Lometa ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 39,522,570 N/A 39,522,570 39,522,570
B - MULTIFAMILY 555,220 N/A 555,220 555,220
C1 - VACANT LOTS 3,804,690 N/A 3,804,690 3,804,690
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,874,260 N/A 13,874,260 13,874,260
D2 - FARM & RANCH IMP 2,762,430 N/A 2,762,430 2,762,430
E - NON-AG LAND AND IMPROVEMENTS 120,120,780 N/A 120,120,780 120,120,780
F1 - COMMERCIAL REAL 6,201,160 N/A 6,201,160 6,201,160
F2 - INDUSTRIAL REAL 7,432,880 N/A 7,432,880 7,432,880
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 48,052,063 N/A 48,052,063 48,052,063
L1 - COMMERCIAL PERSONAL 1,048,060 N/A 1,048,060 1,048,060
L2 - INDUSTRIAL PERSONAL 957,380 N/A 957,380 957,380
M1 - MOBILE HOMES 3,124,340 N/A 3,124,340 3,124,340
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 247,455,833 247,455,833 247,455,833
Less Total Deductions 45,939,689 45,939,689 45,939,689
Total Taxable Value 201,516,144 201,516,144 201,516,144

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
206,240,814 201,516,144 206,240,814 201,516,144 209,980,814


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
4,724,670 0 3,740,000


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
206,240,814 201,516,144 206,240,814 201,516,144 209,980,814

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