taxes Property Tax Assistance

2019 ISD Summary Worksheet

137-Kleberg

137-903/Riviera ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 47,611,806 0.8524 55,856,178 55,856,178
B. MULTIFAMILY RESIDENCES 41,230 N/A 41,230 41,230
C1. VACANT LOTS 7,920,071 N/A 7,920,071 7,920,071
D1. QUALIFIED AG LAND 45,331,383 0.9070 49,979,232 49,979,232
D2. REAL PROP:FARM & RANCH 1,202,058 N/A 1,202,058 1,202,058
E. REAL PROP NONQUAL ACREAGE 66,405,727 0.8977 73,973,184 73,973,184
F1. COMMERCIAL REAL 13,118,860 0.9123 14,379,985 14,379,985
F2. INDUSTRIAL REAL 196,870 N/A 196,870 196,870
G. OIL,GAS,MINERALS 8,719,510 N/A 8,719,510 8,719,510
J. UTILITIES 79,596,796 0.9629 82,663,616 82,663,616
L1. COMMERCIAL PERSONAL 14,587,540 1.1356 12,845,667 12,845,667
L2. INDUSTRIAL PERSONAL 629,250 N/A 629,250 629,250
M. MOBILE HOMES 900,930 N/A 900,930 900,930
O. RESIDENTIAL INVENTORY 21,920 N/A 21,920 21,920
Subtotal 286,283,951 0 309,329,701 309,329,701
Less Total Deductions 24,197,834 0 29,059,786 29,059,786
Total Taxable Value 262,086,117 0 280,269,915 280,269,915

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
283,615,589 280,269,915 283,615,589 280,269,915


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,345,674 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
283,615,589 280,269,915 283,615,589 280,269,915

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)

137-903-02/Riviera ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 47,611,806 0.8524 55,856,178 55,856,178
B. MULTIFAMILY RESIDENCES 41,230 N/A 41,230 41,230
C1. VACANT LOTS 7,920,071 N/A 7,920,071 7,920,071
D1. QUALIFIED AG LAND 45,331,383 0.9070 49,979,232 49,979,232
D2. REAL PROP:FARM & RANCH 1,202,058 N/A 1,202,058 1,202,058
E. REAL PROP NONQUAL ACREAGE 66,405,727 0.8977 73,973,184 73,973,184
F1. COMMERCIAL REAL 13,118,860 0.9123 14,379,985 14,379,985
F2. INDUSTRIAL REAL 196,870 N/A 196,870 196,870
G. OIL,GAS,MINERALS 8,719,510 N/A 8,719,510 8,719,510
J. UTILITIES 79,596,796 0.9629 82,663,616 82,663,616
L1. COMMERCIAL PERSONAL 14,587,540 1.1356 12,845,667 12,845,667
L2. INDUSTRIAL PERSONAL 629,250 N/A 629,250 629,250
M. MOBILE HOMES 900,930 N/A 900,930 900,930
O. RESIDENTIAL INVENTORY 21,920 N/A 21,920 21,920
Subtotal 286,283,951 309,329,701 309,329,701
Less Total Deductions 24,197,834 29,059,786 29,059,786
Total Taxable Value 262,086,117 280,269,915 280,269,915

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
283,615,589 280,269,915 283,615,589 280,269,915


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,345,674 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
283,615,589 280,269,915 283,615,589 280,269,915

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