taxes Property Tax Assistance

2020 ISD Summary Worksheet

245-Willacy /Willacy County

245-903/Raymondville ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	122,843,503	0.8628	142,377,727	122,843,503
B - MULTIFAMILY	593,141	N/A	593,141	593,141
C1 - VACANT LOTS	6,479,492	N/A	6,479,492	6,479,492
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,612,118	0.9702	15,060,772	14,612,118
D2 - FARM & RANCH IMP	1,470,493	N/A	1,470,493	1,470,493
E - NON-AG LAND AND IMPROVEMENTS	22,712,105	0.7734	29,366,570	22,712,105
F1 - COMMERCIAL REAL	83,321,214	0.7847	106,182,253	83,321,214
F2 - INDUSTRIAL REAL	1,960,819	N/A	1,960,819	1,960,819
G - ALL MINERALS	11,484,370	1.0065	11,410,204	11,484,370
J - ALL UTILITIES	116,995,669	0.9902	118,153,574	116,995,669
L1 - COMMERCIAL PERSONAL	21,280,476	N/A	21,280,476	21,280,476
L2 - INDUSTRIAL PERSONAL	6,555,837	N/A	6,555,837	6,555,837
M1 - MOBILE HOMES	1,562,906	N/A	1,562,906	1,562,906
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	398,794	N/A	398,794	398,794
Subtotal	412,270,937	0	462,853,058	412,270,937
Less Total Deductions	96,493,997	0	102,966,655	96,493,997
Total Taxable Value	315,776,940	0	359,886,403	315,776,940

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
330,005,875	315,683,896	330,005,875	315,683,896

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
14,321,979	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
371,179,125	356,857,146	371,179,125	356,857,146

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 TWO OF THE GRACE PERIOD

245-903-02/Raymondville ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	122,843,503	0.8628	142,377,727	122,843,503
B - MULTIFAMILY	593,141	N/A	593,141	593,141
C1 - VACANT LOTS	6,479,492	N/A	6,479,492	6,479,492
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,612,118	0.9702	15,060,772	14,612,118
D2 - FARM & RANCH IMP	1,470,493	N/A	1,470,493	1,470,493
E - NON-AG LAND AND IMPROVEMENTS	22,712,105	0.7734	29,366,570	22,712,105
F1 - COMMERCIAL REAL	83,321,214	0.7847	106,182,253	83,321,214
F2 - INDUSTRIAL REAL	1,960,819	N/A	1,960,819	1,960,819
G - ALL MINERALS	11,484,370	1.0065	11,410,204	11,484,370
J - ALL UTILITIES	116,995,669	0.9902	118,153,574	116,995,669
L1 - COMMERCIAL PERSONAL	21,280,476	N/A	21,280,476	21,280,476
L2 - INDUSTRIAL PERSONAL	6,555,837	N/A	6,555,837	6,555,837
M1 - MOBILE HOMES	1,562,906	N/A	1,562,906	1,562,906
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	398,794	N/A	398,794	398,794
Subtotal	412,270,937		462,853,058	412,270,937
Less Total Deductions	96,493,997		102,966,655	96,493,997
Total Taxable Value	315,776,940		359,886,403	315,776,940

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
330,005,875	315,683,896	330,005,875	315,683,896

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
14,321,979	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
371,179,125	356,857,146	371,179,125	356,857,146

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