taxes Property Tax Assistance

2019 ISD Summary Worksheet

240-Webb

240-901/Laredo ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,511,818,832 0.9525 1,587,211,372 1,511,818,832
B. MULTIFAMILY RESIDENCES 222,623,030 0.9245 240,803,710 222,623,030
C1. VACANT LOTS 44,078,007 N/A 44,078,007 44,078,007
D1. QUALIFIED AG LAND 460 0.9037 509 460
D2. REAL PROP:FARM & RANCH 13,460 N/A 13,460 13,460
E. REAL PROP NONQUAL ACREAGE 72,790 N/A 72,790 72,790
F1. COMMERCIAL REAL 811,788,386 0.9408 862,870,308 811,788,386
F2. INDUSTRIAL REAL 645,960 N/A 645,960 645,960
J. UTILITIES 94,480,990 N/A 94,480,990 94,480,990
L1. COMMERCIAL PERSONAL 205,644,208 1.0679 192,568,787 205,644,208
L2. INDUSTRIAL PERSONAL 1,261,940 N/A 1,261,940 1,261,940
M. MOBILE HOMES 7,389,850 N/A 7,389,850 7,389,850
O. RESIDENTIAL INVENTORY 103,230 N/A 103,230 103,230
S. SPECIAL INVENTORY 7,253,730 N/A 7,253,730 7,253,730
Subtotal 2,907,174,873 0 3,038,754,643 2,907,174,873
Less Total Deductions 417,384,428 0 438,661,747 417,384,428
Total Taxable Value 2,489,790,445 0 2,600,092,896 2,489,790,445

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
2,572,387,395 2,489,790,445 2,531,660,816 2,449,063,866


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
82,596,950 40,726,579


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
2,572,387,395 2,489,790,445 2,531,660,816 2,449,063,866

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,511,818,832 0.9525 1,587,211,372 1,511,818,832
B. MULTIFAMILY RESIDENCES 222,623,030 0.9245 240,803,710 222,623,030
C1. VACANT LOTS 44,078,007 N/A 44,078,007 44,078,007
D1. QUALIFIED AG LAND 460 0.9037 509 460
D2. REAL PROP:FARM & RANCH 13,460 N/A 13,460 13,460
E. REAL PROP NONQUAL ACREAGE 72,790 N/A 72,790 72,790
F1. COMMERCIAL REAL 811,788,386 0.9408 862,870,308 811,788,386
F2. INDUSTRIAL REAL 645,960 N/A 645,960 645,960
J. UTILITIES 94,480,990 N/A 94,480,990 94,480,990
L1. COMMERCIAL PERSONAL 205,644,208 1.0679 192,568,787 205,644,208
L2. INDUSTRIAL PERSONAL 1,261,940 N/A 1,261,940 1,261,940
M. MOBILE HOMES 7,389,850 N/A 7,389,850 7,389,850
O. RESIDENTIAL INVENTORY 103,230 N/A 103,230 103,230
S. SPECIAL INVENTORY 7,253,730 N/A 7,253,730 7,253,730
Subtotal 2,907,174,873 3,038,754,643 2,907,174,873
Less Total Deductions 417,384,428 438,661,747 417,384,428
Total Taxable Value 2,489,790,445 2,600,092,896 2,489,790,445

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
2,572,387,395 2,489,790,445 2,531,660,816 2,449,063,866


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
82,596,950 40,726,579


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
2,572,387,395 2,489,790,445 2,531,660,816 2,449,063,866

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