Christmas and New Year’s Holiday Hours

Quick Start for:

2011 ISD Summary Worksheet

140/Lamb

140-904/Littlefield ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTAD Value Estimate 2011 Value Assigned
A. Single-Family Residences 92,369,610 N/A 92,369,610 92,369,610
B. Multi-Family Residences 2,477,180 N/A 2,477,180 2,477,180
C. Vacant Lots 1,081,390 N/A 1,081,390 1,081,390
D. Rural Real(Taxable) 49,595,354 N/A 49,595,354 49,595,354
F1. Commercial Real 21,984,740 N/A 21,984,740 21,984,740
F2. Industrial Real 10,492,840 N/A 10,492,840 10,492,840
G. Oil, Gas, Minerals 21,036,350 N/A 21,036,350 21,036,350
J. Utilities 20,134,891 N/A 20,134,891 20,134,891
L1. Commercial Personal 14,204,020 N/A 14,204,020 14,204,020
L2. Industrial Personal 20,236,970 N/A 20,236,970 20,236,970
M. Other Personal 449,770 N/A 449,770 449,770
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 39,120 N/A 39,120 39,120
S. Special Inventory 2,658,790 N/A 2,658,790 2,658,790
Subtotal 256,761,025 256,761,025 256,761,025
Less Total Deductions 31,588,857   31,588,857 31,588,857
Total Taxable Value 225,172,168 225,172,168 225,172,168 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 10,028,519 N/A 10,028,519
Prod Value Qualified Acres 39,566,835 N/A 39,566,835
Taxable Value 49,595,354   49,595,354

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
238,592,893 225,172,168 238,592,893 225,172,168 228,751,110 228,751,110


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,420,725 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
238,592,893 225,172,168 238,592,893 225,172,168 228,751,110 228,751,110

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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

Required Plug-ins