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