taxes Property Tax Assistance

2018 ISD Summary Worksheet

240-Webb

240-901/Laredo ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	1,455,734,816	N/A	1,455,734,816	1,455,734,816
B. MULTIFAMILY RESIDENCES	210,175,511	N/A	210,175,511	210,175,511
C1. VACANT LOTS	41,672,578	N/A	41,672,578	41,672,578
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	460	N/A	460	460
D2. REAL PROP:FARM & RANCH	13,190	N/A	13,190	13,190
E. REAL PROP NONQUAL ACREAGE	72,250	N/A	72,250	72,250
F1. COMMERCIAL REAL	782,547,046	N/A	782,547,046	782,547,046
F2. INDUSTRIAL REAL	1,258,940	N/A	1,258,940	1,258,940
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	97,448,710	N/A	97,448,710	97,448,710
L1. COMMERCIAL PERSONAL	204,098,091	N/A	204,098,091	204,098,091
L2. INDUSTRIAL PERSONAL	4,541,900	N/A	4,541,900	4,541,900
M. MOBILE HOMES	9,174,880	N/A	9,174,880	9,174,880
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	103,230	N/A	103,230	103,230
S. SPECIAL INVENTORY	6,833,790	N/A	6,833,790	6,833,790
Subtotal	2,813,675,392	0	2,813,675,392	2,813,675,392
Less Total Deductions	423,812,703	0	423,812,703	423,812,703
Total Taxable Value	2,389,862,689	0	2,389,862,689	2,389,862,689

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
2,473,514,817	2,389,862,689	2,434,228,448	2,350,576,320

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
83,652,128	39,286,369

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
2,473,514,817	2,389,862,689	2,434,228,448	2,350,576,320

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

240-901-02/Laredo ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	1,455,734,816	N/A	1,455,734,816	1,455,734,816
B. MULTIFAMILY RESIDENCES	210,175,511	N/A	210,175,511	210,175,511
C1. VACANT LOTS	41,672,578	N/A	41,672,578	41,672,578
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	460	N/A	460	460
D2. REAL PROP:FARM & RANCH	13,190	N/A	13,190	13,190
E. REAL PROP NONQUAL ACREAGE	72,250	N/A	72,250	72,250
F1. COMMERCIAL REAL	782,547,046	N/A	782,547,046	782,547,046
F2. INDUSTRIAL REAL	1,258,940	N/A	1,258,940	1,258,940
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	97,448,710	N/A	97,448,710	97,448,710
L1. COMMERCIAL PERSONAL	204,098,091	N/A	204,098,091	204,098,091
L2. INDUSTRIAL PERSONAL	4,541,900	N/A	4,541,900	4,541,900
M. MOBILE HOMES	9,174,880	N/A	9,174,880	9,174,880
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	103,230	N/A	103,230	103,230
S. SPECIAL INVENTORY	6,833,790	N/A	6,833,790	6,833,790
Subtotal	2,813,675,392		2,813,675,392	2,813,675,392
Less Total Deductions	423,812,703		423,812,703	423,812,703
Total Taxable Value	2,389,862,689		2,389,862,689	2,389,862,689

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
2,473,514,817	2,389,862,689	2,434,228,448	2,350,576,320

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
83,652,128	39,286,369

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
2,473,514,817	2,389,862,689	2,434,228,448	2,350,576,320

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