137-Kleberg/Kleberg County
137-902/Ricardo ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
152,333,275 |
0.7755 |
196,432,334 |
152,333,275 |
| B - MULTIFAMILY |
129,240 |
N/A |
129,240 |
129,240 |
| C1 - VACANT LOTS |
12,021,725 |
N/A |
12,021,725 |
12,021,725 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
6,033,569 |
1.0250 |
5,886,122 |
6,033,569 |
| D2 - FARM & RANCH IMP |
2,767,420 |
N/A |
2,767,420 |
2,767,420 |
| E - NON-AG LAND AND IMPROVEMENTS |
97,871,893 |
0.7272 |
134,587,312 |
97,871,893 |
| F1 - COMMERCIAL REAL |
9,417,540 |
N/A |
9,417,540 |
9,417,540 |
| F2 - INDUSTRIAL REAL |
1,248,190 |
N/A |
1,248,190 |
1,248,190 |
| G - ALL MINERALS |
1,246,530 |
N/A |
1,246,530 |
1,246,530 |
| J - ALL UTILITIES |
47,823,468 |
0.9699 |
49,307,628 |
47,823,468 |
| L1 - COMMERCIAL PERSONAL |
7,349,430 |
N/A |
7,349,430 |
7,349,430 |
| L2 - INDUSTRIAL PERSONAL |
7,238,614 |
N/A |
7,238,614 |
7,238,614 |
| M1 - MOBILE HOMES |
1,903,475 |
N/A |
1,903,475 |
1,903,475 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
1,882,160 |
N/A |
1,882,160 |
1,882,160 |
| S - SPECIAL INVENTORY |
0 |
N/A |
0 |
0 |
| Subtotal |
349,266,529 |
0 |
431,417,720 |
349,266,529 |
| Less Total Deductions |
96,514,131 |
0 |
113,906,053 |
96,514,131 |
| Total Taxable Value |
252,752,398 |
0 |
317,511,667 |
252,752,398 |
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
| Measure | Value | Description |
|---|
| T1 |
291,253,227 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
252,752,398 |
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 |
291,253,227 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
252,752,398 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
306,433,227 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
316,553,227 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
231,621,969 |
School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss |
VALUE TAXABLE FOR I&S PURPOSES
| Measure | Value | Description |
|---|
| T7 |
291,253,227 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
252,752,398 |
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 |
291,253,227 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
252,752,398 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
306,433,227 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
316,553,227 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
231,621,969 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
38,500,829 |
Loss to the increase in the state-mandated homestead |
| LOSS_LOCL_HMSTD |
0 |
50% of the loss to the local optional percentage homestead exemption |
| LOSS_PREV_INCR_HMSTD |
15,180,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
10,120,000 |
Loss to Second Previous Homestead Increase |
THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD
137-902-02/Ricardo ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
152,333,275 |
0.7755 |
196,432,334 |
152,333,275 |
| B - MULTIFAMILY |
129,240 |
N/A |
129,240 |
129,240 |
| C1 - VACANT LOTS |
12,021,725 |
N/A |
12,021,725 |
12,021,725 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
6,033,569 |
1.0250 |
5,886,122 |
6,033,569 |
| D2 - FARM & RANCH IMP |
2,767,420 |
N/A |
2,767,420 |
2,767,420 |
| E - NON-AG LAND AND IMPROVEMENTS |
97,871,893 |
0.7272 |
134,587,312 |
97,871,893 |
| F1 - COMMERCIAL REAL |
9,417,540 |
N/A |
9,417,540 |
9,417,540 |
| F2 - INDUSTRIAL REAL |
1,248,190 |
N/A |
1,248,190 |
1,248,190 |
| G - ALL MINERALS |
1,246,530 |
N/A |
1,246,530 |
1,246,530 |
| J - ALL UTILITIES |
47,823,468 |
0.9699 |
49,307,628 |
47,823,468 |
| L1 - COMMERCIAL PERSONAL |
7,349,430 |
N/A |
7,349,430 |
7,349,430 |
| L2 - INDUSTRIAL PERSONAL |
7,238,614 |
N/A |
7,238,614 |
7,238,614 |
| M1 - MOBILE HOMES |
1,903,475 |
N/A |
1,903,475 |
1,903,475 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
1,882,160 |
N/A |
1,882,160 |
1,882,160 |
| S - SPECIAL INVENTORY |
0 |
N/A |
0 |
0 |
| Subtotal |
349,266,529 |
|
431,417,720 |
349,266,529 |
| Less Total Deductions |
96,514,131 |
|
113,906,053 |
96,514,131 |
| Total Taxable Value |
252,752,398 |
|
317,511,667 |
252,752,398 |
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
| Measure | Value | Description |
|---|
| T1 |
291,253,227 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
252,752,398 |
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 |
291,253,227 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
252,752,398 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
306,433,227 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
316,553,227 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
231,621,969 |
School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss |
VALUE TAXABLE FOR I&S PURPOSES
| Measure | Value | Description |
|---|
| T7 |
291,253,227 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
252,752,398 |
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 |
291,253,227 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
252,752,398 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
306,433,227 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
316,553,227 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
231,621,969 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
38,500,829 |
Loss to the increase in the state-mandated homestead |
| LOSS_LOCL_HMSTD |
0 |
50% of the loss to the local optional percentage homestead exemption |
| LOSS_PREV_INCR_HMSTD |
15,180,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
10,120,000 |
Loss to Second Previous Homestead Increase |
