taxes Property Tax Assistance

2019 ISD Summary Worksheet

214-Starr

214-901/Rio Grande City CISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 548,343,053 0.7692 712,874,484 712,874,484
B. MULTIFAMILY RESIDENCES 28,424,290 N/A 28,424,290 28,424,290
C1. VACANT LOTS 73,363,871 0.8133 90,205,178 90,205,178
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 30,209,832 0.9209 32,805,923 32,805,923
D2. REAL PROP:FARM & RANCH 523,370 N/A 523,370 523,370
E. REAL PROP NONQUAL ACREAGE 43,276,896 N/A 43,276,896 43,276,896
F1. COMMERCIAL REAL 132,932,002 0.9451 140,653,901 140,653,901
F2. INDUSTRIAL REAL 235,994,956 N/A 235,994,956 235,994,956
G. OIL,GAS,MINERALS 188,556,970 0.9961 189,295,221 189,295,221
J. UTILITIES 183,780,880 1.0326 177,978,772 177,978,772
L1. COMMERCIAL PERSONAL 55,644,210 N/A 55,644,210 55,644,210
L2. INDUSTRIAL PERSONAL 379,847,860 N/A 379,847,860 379,847,860
M. MOBILE HOMES 2,309,370 N/A 2,309,370 2,309,370
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 5,477,950 N/A 5,477,950 5,477,950
Subtotal 1,908,685,510 0 2,095,312,381 2,095,312,381
Less Total Deductions 802,478,383 0 833,931,200 833,931,200
Total Taxable Value 1,106,207,127 0 1,261,381,181 1,261,381,181

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
1,321,832,365 1,261,381,181 1,321,832,365 1,261,381,181


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
60,451,184 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
1,903,050,575 1,842,599,391 1,903,050,575 1,842,599,391

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 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)

214-901-02/Rio Grande City CISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 548,343,053 0.7692 712,874,484 712,874,484
B. MULTIFAMILY RESIDENCES 28,424,290 N/A 28,424,290 28,424,290
C1. VACANT LOTS 73,363,871 0.8133 90,205,178 90,205,178
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 30,209,832 0.9209 32,805,923 32,805,923
D2. REAL PROP:FARM & RANCH 523,370 N/A 523,370 523,370
E. REAL PROP NONQUAL ACREAGE 43,276,896 N/A 43,276,896 43,276,896
F1. COMMERCIAL REAL 132,932,002 0.9451 140,653,901 140,653,901
F2. INDUSTRIAL REAL 235,994,956 N/A 235,994,956 235,994,956
G. OIL,GAS,MINERALS 188,556,970 0.9961 189,295,221 189,295,221
J. UTILITIES 183,780,880 1.0326 177,978,772 177,978,772
L1. COMMERCIAL PERSONAL 55,644,210 N/A 55,644,210 55,644,210
L2. INDUSTRIAL PERSONAL 379,847,860 N/A 379,847,860 379,847,860
M. MOBILE HOMES 2,309,370 N/A 2,309,370 2,309,370
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 5,477,950 N/A 5,477,950 5,477,950
Subtotal 1,908,685,510 2,095,312,381 2,095,312,381
Less Total Deductions 802,478,383 833,931,200 833,931,200
Total Taxable Value 1,106,207,127 1,261,381,181 1,261,381,181

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
1,321,832,365 1,261,381,181 1,321,832,365 1,261,381,181


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
60,451,184 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
1,903,050,575 1,842,599,391 1,903,050,575 1,842,599,391

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