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 120,430,667 0.8736 137,855,617 120,430,667
B. MULTIFAMILY RESIDENCES 590,511 N/A 590,511 590,511
C1. VACANT LOTS 6,264,048 N/A 6,264,048 6,264,048
D1. QUALIFIED AG LAND 14,397,093 0.8355 17,230,898 14,397,093
D2. REAL PROP:FARM & RANCH 1,601,848 N/A 1,601,848 1,601,848
E. REAL PROP NONQUAL ACREAGE 23,563,167 0.7409 31,803,438 23,563,167
F1. COMMERCIAL REAL 85,232,373 0.9442 90,269,406 85,232,373
F2. INDUSTRIAL REAL 1,925,407 N/A 1,925,407 1,925,407
G. OIL,GAS,MINERALS 26,970,910 1.0119 26,653,731 26,970,910
J. UTILITIES 132,847,939 1.0018 132,609,242 132,847,939
L1. COMMERCIAL PERSONAL 20,680,291 1.0275 20,126,804 20,680,291
L2. INDUSTRIAL PERSONAL 7,121,817 N/A 7,121,817 7,121,817
M. MOBILE HOMES 1,573,023 N/A 1,573,023 1,573,023
S. SPECIAL INVENTORY 734,825 N/A 734,825 734,825
Subtotal 443,933,919 0 476,360,615 443,933,919
Less Total Deductions 105,160,772 0 110,870,376 105,160,772
Total Taxable Value 338,773,147 0 365,490,239 338,773,147

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
352,972,953 338,773,147 352,972,953 338,773,147


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,199,806 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
403,101,513 388,901,707 403,101,513 388,901,707

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 120,430,667 0.8736 137,855,617 120,430,667
B. MULTIFAMILY RESIDENCES 590,511 N/A 590,511 590,511
C1. VACANT LOTS 6,264,048 N/A 6,264,048 6,264,048
D1. QUALIFIED AG LAND 14,397,093 0.8355 17,230,898 14,397,093
D2. REAL PROP:FARM & RANCH 1,601,848 N/A 1,601,848 1,601,848
E. REAL PROP NONQUAL ACREAGE 23,563,167 0.7409 31,803,438 23,563,167
F1. COMMERCIAL REAL 85,232,373 0.9442 90,269,406 85,232,373
F2. INDUSTRIAL REAL 1,925,407 N/A 1,925,407 1,925,407
G. OIL,GAS,MINERALS 26,970,910 1.0119 26,653,731 26,970,910
J. UTILITIES 132,847,939 1.0018 132,609,242 132,847,939
L1. COMMERCIAL PERSONAL 20,680,291 1.0275 20,126,804 20,680,291
L2. INDUSTRIAL PERSONAL 7,121,817 N/A 7,121,817 7,121,817
M. MOBILE HOMES 1,573,023 N/A 1,573,023 1,573,023
S. SPECIAL INVENTORY 734,825 N/A 734,825 734,825
Subtotal 443,933,919 476,360,615 443,933,919
Less Total Deductions 105,160,772 110,870,376 105,160,772
Total Taxable Value 338,773,147 365,490,239 338,773,147

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
352,972,953 338,773,147 352,972,953 338,773,147


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
14,199,806 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
403,101,513 388,901,707 403,101,513 388,901,707

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