taxes Property Tax Assistance

2020 ISD Summary Worksheet

190-Rains

190-903/Rains ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	461,895,628	0.9905	466,325,722	461,895,628
B - MULTIFAMILY	4,463,465	N/A	4,463,465	4,463,465
C1 - VACANT LOTS	12,475,051	N/A	12,475,051	12,475,051
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,706,964	1.1827	9,898,481	11,706,964
D2 - FARM & RANCH IMP	15,086,058	N/A	15,086,058	15,086,058
E - NON-AG LAND AND IMPROVEMENTS	300,164,633	0.9477	316,729,591	300,164,633
F1 - COMMERCIAL REAL	54,824,222	0.7022	78,074,939	54,824,222
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	21,550,962	N/A	21,550,962	21,550,962
L1 - COMMERCIAL PERSONAL	21,158,248	N/A	21,158,248	21,158,248
L2 - INDUSTRIAL PERSONAL	12,951,952	N/A	12,951,952	12,951,952
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	922,992,520	0	965,429,806	922,992,520
Less Total Deductions	190,494,168	0	192,830,811	190,494,168
Total Taxable Value	732,498,352	0	772,598,995	732,498,352

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
757,863,970	732,498,352	757,863,970	732,498,352

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
25,365,618	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
757,863,970	732,498,352	757,863,970	732,498,352

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	461,895,628	0.9905	466,325,722	461,895,628
B - MULTIFAMILY	4,463,465	N/A	4,463,465	4,463,465
C1 - VACANT LOTS	12,475,051	N/A	12,475,051	12,475,051
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,706,964	1.1827	9,898,481	11,706,964
D2 - FARM & RANCH IMP	15,086,058	N/A	15,086,058	15,086,058
E - NON-AG LAND AND IMPROVEMENTS	300,164,633	0.9477	316,729,591	300,164,633
F1 - COMMERCIAL REAL	54,824,222	0.7022	78,074,939	54,824,222
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	21,550,962	N/A	21,550,962	21,550,962
L1 - COMMERCIAL PERSONAL	21,158,248	N/A	21,158,248	21,158,248
L2 - INDUSTRIAL PERSONAL	12,951,952	N/A	12,951,952	12,951,952
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	922,992,520		965,429,806	922,992,520
Less Total Deductions	190,494,168		192,830,811	190,494,168
Total Taxable Value	732,498,352		772,598,995	732,498,352

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
757,863,970	732,498,352	757,863,970	732,498,352

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
25,365,618	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
757,863,970	732,498,352	757,863,970	732,498,352

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