taxes Property Tax Assistance

2018 ISD Summary Worksheet

214-Starr

214-901/Rio Grande City CISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 525,254,278 0.8049 652,570,851 652,570,851
B. MULTIFAMILY RESIDENCES 27,297,060 N/A 27,297,060 27,297,060
C1. VACANT LOTS 72,684,424 0.7502 96,886,729 96,886,729
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 31,082,159 0.7606 40,864,607 40,864,607
D2. REAL PROP:FARM & RANCH 492,750 N/A 492,750 492,750
E. REAL PROP NONQUAL ACREAGE 39,646,569 N/A 39,646,569 39,646,569
F1. COMMERCIAL REAL 130,194,734 0.9219 141,224,356 141,224,356
F2. INDUSTRIAL REAL 633,223,340 N/A 633,223,340 633,223,340
G. OIL,GAS,MINERALS 181,427,680 1.0432 173,914,571 173,914,571
J. UTILITIES 244,782,780 0.9438 259,358,741 259,358,741
L1. COMMERCIAL PERSONAL 55,019,450 0.9775 56,285,882 56,285,882
L2. INDUSTRIAL PERSONAL 13,883,480 N/A 13,883,480 13,883,480
M. MOBILE HOMES 2,120,870 N/A 2,120,870 2,120,870
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 5,815,770 N/A 5,815,770 5,815,770
Subtotal 1,962,925,344 0 2,143,585,576 2,143,585,576
Less Total Deductions 886,043,934 0 910,872,246 910,872,246
Total Taxable Value 1,076,881,410 0 1,232,713,330 1,232,713,330

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
1,290,339,673 1,232,713,330 1,290,339,673 1,232,713,330


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
57,626,343 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
1,963,342,050 1,905,715,707 1,963,342,050 1,905,715,707

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 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 525,254,278 0.8049 652,570,851 652,570,851
B. MULTIFAMILY RESIDENCES 27,297,060 N/A 27,297,060 27,297,060
C1. VACANT LOTS 72,684,424 0.7502 96,886,729 96,886,729
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 31,082,159 0.7606 40,864,607 40,864,607
D2. REAL PROP:FARM & RANCH 492,750 N/A 492,750 492,750
E. REAL PROP NONQUAL ACREAGE 39,646,569 N/A 39,646,569 39,646,569
F1. COMMERCIAL REAL 130,194,734 0.9219 141,224,356 141,224,356
F2. INDUSTRIAL REAL 633,223,340 N/A 633,223,340 633,223,340
G. OIL,GAS,MINERALS 181,427,680 1.0432 173,914,571 173,914,571
J. UTILITIES 244,782,780 0.9438 259,358,741 259,358,741
L1. COMMERCIAL PERSONAL 55,019,450 0.9775 56,285,882 56,285,882
L2. INDUSTRIAL PERSONAL 13,883,480 N/A 13,883,480 13,883,480
M. MOBILE HOMES 2,120,870 N/A 2,120,870 2,120,870
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 5,815,770 N/A 5,815,770 5,815,770
Subtotal 1,962,925,344 2,143,585,576 2,143,585,576
Less Total Deductions 886,043,934 910,872,246 910,872,246
Total Taxable Value 1,076,881,410 1,232,713,330 1,232,713,330

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
1,290,339,673 1,232,713,330 1,290,339,673 1,232,713,330


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
57,626,343 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
1,963,342,050 1,905,715,707 1,963,342,050 1,905,715,707

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