taxes Property Tax Assistance

2019 ISD Summary Worksheet

137-Kleberg

137-902/Ricardo ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 103,429,538 0.9710 106,518,577 103,429,538
B. MULTIFAMILY RESIDENCES 100,730 N/A 100,730 100,730
C1. VACANT LOTS 10,905,100 0.9481 11,502,057 10,905,100
D1. QUALIFIED AG LAND 6,932,020 0.9985 6,942,714 6,932,020
D2. REAL PROP:FARM & RANCH 1,880,730 N/A 1,880,730 1,880,730
E. REAL PROP NONQUAL ACREAGE 70,445,263 0.8925 78,930,267 70,445,263
F1. COMMERCIAL REAL 3,967,090 N/A 3,967,090 3,967,090
F2. INDUSTRIAL REAL 780,900 N/A 780,900 780,900
G. OIL,GAS,MINERALS 1,490,005 N/A 1,490,005 1,490,005
J. UTILITIES 31,651,259 1.0094 31,356,508 31,651,259
L1. COMMERCIAL PERSONAL 6,103,520 N/A 6,103,520 6,103,520
L2. INDUSTRIAL PERSONAL 2,443,380 N/A 2,443,380 2,443,380
M. MOBILE HOMES 1,248,395 N/A 1,248,395 1,248,395
O. RESIDENTIAL INVENTORY 521,760 N/A 521,760 521,760
Subtotal 241,899,690 0 253,786,633 241,899,690
Less Total Deductions 46,848,483 0 48,309,353 46,848,483
Total Taxable Value 195,051,207 0 205,477,280 195,051,207

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
202,695,572 195,051,207 196,854,896 189,210,531


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,644,365 5,840,676


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
202,695,572 195,051,207 196,854,896 189,210,531

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

137-902-02/Ricardo ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 103,429,538 0.9710 106,518,577 103,429,538
B. MULTIFAMILY RESIDENCES 100,730 N/A 100,730 100,730
C1. VACANT LOTS 10,905,100 0.9481 11,502,057 10,905,100
D1. QUALIFIED AG LAND 6,932,020 0.9985 6,942,714 6,932,020
D2. REAL PROP:FARM & RANCH 1,880,730 N/A 1,880,730 1,880,730
E. REAL PROP NONQUAL ACREAGE 70,445,263 0.8925 78,930,267 70,445,263
F1. COMMERCIAL REAL 3,967,090 N/A 3,967,090 3,967,090
F2. INDUSTRIAL REAL 780,900 N/A 780,900 780,900
G. OIL,GAS,MINERALS 1,490,005 N/A 1,490,005 1,490,005
J. UTILITIES 31,651,259 1.0094 31,356,508 31,651,259
L1. COMMERCIAL PERSONAL 6,103,520 N/A 6,103,520 6,103,520
L2. INDUSTRIAL PERSONAL 2,443,380 N/A 2,443,380 2,443,380
M. MOBILE HOMES 1,248,395 N/A 1,248,395 1,248,395
O. RESIDENTIAL INVENTORY 521,760 N/A 521,760 521,760
Subtotal 241,899,690 253,786,633 241,899,690
Less Total Deductions 46,848,483 48,309,353 46,848,483
Total Taxable Value 195,051,207 205,477,280 195,051,207

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
202,695,572 195,051,207 196,854,896 189,210,531


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
7,644,365 5,840,676


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
202,695,572 195,051,207 196,854,896 189,210,531

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