taxes Property Tax Assistance

2020 ISD Summary Worksheet

240-Webb

240-901/Laredo ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,510,307,338 N/A 1,510,307,338 1,510,307,338
B - MULTIFAMILY 224,907,884 N/A 224,907,884 224,907,884
C1 - VACANT LOTS 43,507,065 N/A 43,507,065 43,507,065
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 460 N/A 460 460
D2 - FARM & RANCH IMP 13,390 N/A 13,390 13,390
E - NON-AG LAND AND IMPROVEMENTS 72,770 N/A 72,770 72,770
F1 - COMMERCIAL REAL 789,782,517 N/A 789,782,517 789,782,517
F2 - INDUSTRIAL REAL 701,700 N/A 701,700 701,700
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 92,609,500 N/A 92,609,500 92,609,500
L1 - COMMERCIAL PERSONAL 223,064,765 N/A 223,064,765 223,064,765
L2 - INDUSTRIAL PERSONAL 1,847,270 N/A 1,847,270 1,847,270
M1 - MOBILE HOMES 7,317,410 N/A 7,317,410 7,317,410
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 7,166,850 N/A 7,166,850 7,166,850
Subtotal 2,901,298,919 0 2,901,298,919 2,901,298,919
Less Total Deductions 416,434,237 0 416,434,237 416,434,237
Total Taxable Value 2,484,864,682 0 2,484,864,682 2,484,864,682

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
2,565,191,500 2,484,864,682 2,524,923,323 2,444,596,505


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
80,326,818 40,268,177


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
2,565,191,500 2,484,864,682 2,524,923,323 2,444,596,505

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 1,510,307,338 N/A 1,510,307,338 1,510,307,338
B - MULTIFAMILY 224,907,884 N/A 224,907,884 224,907,884
C1 - VACANT LOTS 43,507,065 N/A 43,507,065 43,507,065
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 460 N/A 460 460
D2 - FARM & RANCH IMP 13,390 N/A 13,390 13,390
E - NON-AG LAND AND IMPROVEMENTS 72,770 N/A 72,770 72,770
F1 - COMMERCIAL REAL 789,782,517 N/A 789,782,517 789,782,517
F2 - INDUSTRIAL REAL 701,700 N/A 701,700 701,700
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 92,609,500 N/A 92,609,500 92,609,500
L1 - COMMERCIAL PERSONAL 223,064,765 N/A 223,064,765 223,064,765
L2 - INDUSTRIAL PERSONAL 1,847,270 N/A 1,847,270 1,847,270
M1 - MOBILE HOMES 7,317,410 N/A 7,317,410 7,317,410
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 7,166,850 N/A 7,166,850 7,166,850
Subtotal 2,901,298,919 2,901,298,919 2,901,298,919
Less Total Deductions 416,434,237 416,434,237 416,434,237
Total Taxable Value 2,484,864,682 2,484,864,682 2,484,864,682

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
2,565,191,500 2,484,864,682 2,524,923,323 2,444,596,505


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
80,326,818 40,268,177


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
2,565,191,500 2,484,864,682 2,524,923,323 2,444,596,505

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