taxes Property Tax Assistance

2020 ISD Summary Worksheet

190-Rains /Rains County

190-903/Rains ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 461,773,552 0.9905 466,202,476 461,773,552
B - MULTIFAMILY 4,463,474 N/A 4,463,474 4,463,474
C1 - VACANT LOTS 12,451,896 N/A 12,451,896 12,451,896
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,706,466 1.1825 9,899,478 11,706,466
D2 - FARM & RANCH IMP 15,077,586 N/A 15,077,586 15,077,586
E - NON-AG LAND AND IMPROVEMENTS 299,519,398 0.9477 316,048,747 299,519,398
F1 - COMMERCIAL REAL 54,601,429 0.7022 77,757,660 54,601,429
F2 - INDUSTRIAL REAL 5,310,978 N/A 5,310,978 5,310,978
G - ALL MINERALS 113,340 N/A 113,340 113,340
J - ALL UTILITIES 21,555,677 N/A 21,555,677 21,555,677
L1 - COMMERCIAL PERSONAL 21,041,481 N/A 21,041,481 21,041,481
L2 - INDUSTRIAL PERSONAL 13,130,553 N/A 13,130,553 13,130,553
M1 - MOBILE HOMES 198,778 N/A 198,778 198,778
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 948,092 N/A 948,092 948,092
S - SPECIAL INVENTORY 144,149 N/A 144,149 144,149
Subtotal 922,036,849 0 964,344,365 922,036,849
Less Total Deductions 194,597,280 0 197,005,142 194,597,280
Total Taxable Value 727,439,569 0 767,339,223 727,439,569

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
754,297,546 727,439,569 754,297,546 727,439,569


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
26,857,977 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
754,297,546 727,439,569 754,297,546 727,439,569

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

190-903-02/Rains ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 461,773,552 0.9905 466,202,476 461,773,552
B - MULTIFAMILY 4,463,474 N/A 4,463,474 4,463,474
C1 - VACANT LOTS 12,451,896 N/A 12,451,896 12,451,896
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,706,466 1.1825 9,899,478 11,706,466
D2 - FARM & RANCH IMP 15,077,586 N/A 15,077,586 15,077,586
E - NON-AG LAND AND IMPROVEMENTS 299,519,398 0.9477 316,048,747 299,519,398
F1 - COMMERCIAL REAL 54,601,429 0.7022 77,757,660 54,601,429
F2 - INDUSTRIAL REAL 5,310,978 N/A 5,310,978 5,310,978
G - ALL MINERALS 113,340 N/A 113,340 113,340
J - ALL UTILITIES 21,555,677 N/A 21,555,677 21,555,677
L1 - COMMERCIAL PERSONAL 21,041,481 N/A 21,041,481 21,041,481
L2 - INDUSTRIAL PERSONAL 13,130,553 N/A 13,130,553 13,130,553
M1 - MOBILE HOMES 198,778 N/A 198,778 198,778
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 948,092 N/A 948,092 948,092
S - SPECIAL INVENTORY 144,149 N/A 144,149 144,149
Subtotal 922,036,849 964,344,365 922,036,849
Less Total Deductions 194,597,280 197,005,142 194,597,280
Total Taxable Value 727,439,569 767,339,223 727,439,569

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
754,297,546 727,439,569 754,297,546 727,439,569


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
26,857,977 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
754,297,546 727,439,569 754,297,546 727,439,569

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