taxes Property Tax Assistance

2021 ISD Summary Worksheet

190-Rains /Rains County

190-903/Rains ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 513,329,551 N/A 513,329,551 513,329,551
B - MULTIFAMILY 4,903,241 N/A 4,903,241 4,903,241
C1 - VACANT LOTS 13,772,457 N/A 13,772,457 13,772,457
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,447,866 N/A 11,447,866 11,447,866
D2 - FARM & RANCH IMP 14,822,565 N/A 14,822,565 14,822,565
E - NON-AG LAND AND IMPROVEMENTS 361,520,114 N/A 361,520,114 361,520,114
F1 - COMMERCIAL REAL 71,674,616 N/A 71,674,616 71,674,616
F2 - INDUSTRIAL REAL 5,467,931 N/A 5,467,931 5,467,931
G - ALL MINERALS 113,340 N/A 113,340 113,340
J - ALL UTILITIES 20,442,126 N/A 20,442,126 20,442,126
L1 - COMMERCIAL PERSONAL 22,593,583 N/A 22,593,583 22,593,583
L2 - INDUSTRIAL PERSONAL 13,510,847 N/A 13,510,847 13,510,847
M1 - MOBILE HOMES 196,755 N/A 196,755 196,755
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 312,175 N/A 312,175 312,175
S - SPECIAL INVENTORY 155,369 N/A 155,369 155,369
Subtotal 1,054,262,536 0 1,054,262,536 1,054,262,536
Less Total Deductions 197,343,666 0 197,343,666 197,343,666
Total Taxable Value 856,918,870 0 856,918,870 856,918,870

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
882,991,426 856,918,870 882,991,426 856,918,870


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
26,072,556 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
882,991,426 856,918,870 882,991,426 856,918,870

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

190-903-02/Rains ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 513,329,551 N/A 513,329,551 513,329,551
B - MULTIFAMILY 4,903,241 N/A 4,903,241 4,903,241
C1 - VACANT LOTS 13,772,457 N/A 13,772,457 13,772,457
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,447,866 N/A 11,447,866 11,447,866
D2 - FARM & RANCH IMP 14,822,565 N/A 14,822,565 14,822,565
E - NON-AG LAND AND IMPROVEMENTS 361,520,114 N/A 361,520,114 361,520,114
F1 - COMMERCIAL REAL 71,674,616 N/A 71,674,616 71,674,616
F2 - INDUSTRIAL REAL 5,467,931 N/A 5,467,931 5,467,931
G - ALL MINERALS 113,340 N/A 113,340 113,340
J - ALL UTILITIES 20,442,126 N/A 20,442,126 20,442,126
L1 - COMMERCIAL PERSONAL 22,593,583 N/A 22,593,583 22,593,583
L2 - INDUSTRIAL PERSONAL 13,510,847 N/A 13,510,847 13,510,847
M1 - MOBILE HOMES 196,755 N/A 196,755 196,755
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 312,175 N/A 312,175 312,175
S - SPECIAL INVENTORY 155,369 N/A 155,369 155,369
Subtotal 1,054,262,536 1,054,262,536 1,054,262,536
Less Total Deductions 197,343,666 197,343,666 197,343,666
Total Taxable Value 856,918,870 856,918,870 856,918,870

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
882,991,426 856,918,870 882,991,426 856,918,870


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
26,072,556 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
882,991,426 856,918,870 882,991,426 856,918,870

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