taxes Property Tax Assistance

2018 ISD Summary Worksheet

137-Kleberg

137-902/Ricardo ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 85,707,916 0.9111 94,070,811 94,070,811
B. MULTIFAMILY RESIDENCES 79,860 N/A 79,860 79,860
C1. VACANT LOTS 10,516,809 N/A 10,516,809 10,516,809
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 7,067,262 1.0837 6,521,619 6,521,619
D2. REAL PROP:FARM & RANCH 1,904,220 N/A 1,904,220 1,904,220
E. REAL PROP NONQUAL ACREAGE 58,355,590 0.8853 65,916,175 65,916,175
F1. COMMERCIAL REAL 3,634,830 N/A 3,634,830 3,634,830
F2. INDUSTRIAL REAL 745,020 N/A 745,020 745,020
G. OIL,GAS,MINERALS 773,350 N/A 773,350 773,350
J. UTILITIES 29,817,507 0.9931 30,024,677 30,024,677
L1. COMMERCIAL PERSONAL 6,479,560 N/A 6,479,560 6,479,560
L2. INDUSTRIAL PERSONAL 3,292,330 N/A 3,292,330 3,292,330
M. MOBILE HOMES 767,180 N/A 767,180 767,180
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 502,050 N/A 502,050 502,050
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 209,643,484 0 225,228,491 225,228,491
Less Total Deductions 35,804,147 0 39,308,942 39,308,942
Total Taxable Value 173,839,337 0 185,919,549 185,919,549

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
193,349,139 185,919,549 188,422,064 180,992,474


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,429,590 4,927,075


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
193,349,139 185,919,549 188,422,064 180,992,474

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)

137-902-02/Ricardo ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 85,707,916 0.9111 94,070,811 94,070,811
B. MULTIFAMILY RESIDENCES 79,860 N/A 79,860 79,860
C1. VACANT LOTS 10,516,809 N/A 10,516,809 10,516,809
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 7,067,262 1.0837 6,521,619 6,521,619
D2. REAL PROP:FARM & RANCH 1,904,220 N/A 1,904,220 1,904,220
E. REAL PROP NONQUAL ACREAGE 58,355,590 0.8853 65,916,175 65,916,175
F1. COMMERCIAL REAL 3,634,830 N/A 3,634,830 3,634,830
F2. INDUSTRIAL REAL 745,020 N/A 745,020 745,020
G. OIL,GAS,MINERALS 773,350 N/A 773,350 773,350
J. UTILITIES 29,817,507 0.9931 30,024,677 30,024,677
L1. COMMERCIAL PERSONAL 6,479,560 N/A 6,479,560 6,479,560
L2. INDUSTRIAL PERSONAL 3,292,330 N/A 3,292,330 3,292,330
M. MOBILE HOMES 767,180 N/A 767,180 767,180
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 502,050 N/A 502,050 502,050
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 209,643,484 225,228,491 225,228,491
Less Total Deductions 35,804,147 39,308,942 39,308,942
Total Taxable Value 173,839,337 185,919,549 185,919,549

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
193,349,139 185,919,549 188,422,064 180,992,474


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
7,429,590 4,927,075


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
193,349,139 185,919,549 188,422,064 180,992,474

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