taxes Property Tax Assistance

2019 ISD Summary Worksheet

245-Willacy

245-903/Raymondville ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	120,334,438	0.8736	137,745,465	120,334,438
B. MULTIFAMILY RESIDENCES	590,511	N/A	590,511	590,511
C1. VACANT LOTS	6,250,041	N/A	6,250,041	6,250,041
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	14,534,641	0.8347	17,413,005	14,534,641
D2. REAL PROP:FARM & RANCH	1,601,848	N/A	1,601,848	1,601,848
E. REAL PROP NONQUAL ACREAGE	22,766,761	0.7409	30,728,521	22,766,761
F1. COMMERCIAL REAL	84,432,373	0.9442	89,422,128	84,432,373
F2. INDUSTRIAL REAL	1,925,407	N/A	1,925,407	1,925,407
G. OIL,GAS,MINERALS	26,970,969	1.0119	26,653,789	26,970,969
J. UTILITIES	132,847,939	1.0018	132,609,242	132,847,939
L1. COMMERCIAL PERSONAL	20,631,763	1.0275	20,079,575	20,631,763
L2. INDUSTRIAL PERSONAL	7,135,197	N/A	7,135,197	7,135,197
M. MOBILE HOMES	1,573,023	N/A	1,573,023	1,573,023
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	734,825	N/A	734,825	734,825
Subtotal	442,329,736	0	474,462,577	442,329,736
Less Total Deductions	106,411,890	0	112,277,427	106,411,890
Total Taxable Value	335,917,846	0	362,185,150	335,917,846

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
350,359,694	335,917,846	350,359,694	335,917,846

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
14,441,848	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
400,488,254	386,046,406	400,488,254	386,046,406

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

245-903-02/Raymondville ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	120,334,438	0.8736	137,745,465	120,334,438
B. MULTIFAMILY RESIDENCES	590,511	N/A	590,511	590,511
C1. VACANT LOTS	6,250,041	N/A	6,250,041	6,250,041
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	14,534,641	0.8347	17,413,005	14,534,641
D2. REAL PROP:FARM & RANCH	1,601,848	N/A	1,601,848	1,601,848
E. REAL PROP NONQUAL ACREAGE	22,766,761	0.7409	30,728,521	22,766,761
F1. COMMERCIAL REAL	84,432,373	0.9442	89,422,128	84,432,373
F2. INDUSTRIAL REAL	1,925,407	N/A	1,925,407	1,925,407
G. OIL,GAS,MINERALS	26,970,969	1.0119	26,653,789	26,970,969
J. UTILITIES	132,847,939	1.0018	132,609,242	132,847,939
L1. COMMERCIAL PERSONAL	20,631,763	1.0275	20,079,575	20,631,763
L2. INDUSTRIAL PERSONAL	7,135,197	N/A	7,135,197	7,135,197
M. MOBILE HOMES	1,573,023	N/A	1,573,023	1,573,023
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	734,825	N/A	734,825	734,825
Subtotal	442,329,736		474,462,577	442,329,736
Less Total Deductions	106,411,890		112,277,427	106,411,890
Total Taxable Value	335,917,846		362,185,150	335,917,846

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
350,359,694	335,917,846	350,359,694	335,917,846

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
14,441,848	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
400,488,254	386,046,406	400,488,254	386,046,406

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