taxes Property Tax Assistance

2020 ISD Summary Worksheet

245-Willacy

245-903/Raymondville ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 123,485,442 0.8628 143,121,745 123,485,442
B - MULTIFAMILY 593,141 N/A 593,141 593,141
C1 - VACANT LOTS 6,534,579 N/A 6,534,579 6,534,579
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,603,170 0.9702 15,052,187 14,603,170
D2 - FARM & RANCH IMP 1,470,493 N/A 1,470,493 1,470,493
E - NON-AG LAND AND IMPROVEMENTS 23,291,786 0.7734 30,116,093 23,291,786
F1 - COMMERCIAL REAL 85,458,588 0.7847 108,906,063 85,458,588
F2 - INDUSTRIAL REAL 1,960,819 N/A 1,960,819 1,960,819
G - ALL MINERALS 11,494,220 1.0065 11,419,990 11,494,220
J - ALL UTILITIES 116,995,669 0.9902 118,153,574 116,995,669
L1 - COMMERCIAL PERSONAL 21,784,492 N/A 21,784,492 21,784,492
L2 - INDUSTRIAL PERSONAL 6,555,837 N/A 6,555,837 6,555,837
M1 - MOBILE HOMES 1,573,852 N/A 1,573,852 1,573,852
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 922,172 N/A 922,172 922,172
Subtotal 416,724,260 0 468,165,037 416,724,260
Less Total Deductions 96,277,877 0 102,723,630 96,277,877
Total Taxable Value 320,446,383 0 365,441,407 320,446,383

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
334,614,482 320,446,383 334,614,482 320,446,383


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,168,099 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
375,787,732 361,619,633 375,787,732 361,619,633

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 123,485,442 0.8628 143,121,745 123,485,442
B - MULTIFAMILY 593,141 N/A 593,141 593,141
C1 - VACANT LOTS 6,534,579 N/A 6,534,579 6,534,579
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,603,170 0.9702 15,052,187 14,603,170
D2 - FARM & RANCH IMP 1,470,493 N/A 1,470,493 1,470,493
E - NON-AG LAND AND IMPROVEMENTS 23,291,786 0.7734 30,116,093 23,291,786
F1 - COMMERCIAL REAL 85,458,588 0.7847 108,906,063 85,458,588
F2 - INDUSTRIAL REAL 1,960,819 N/A 1,960,819 1,960,819
G - ALL MINERALS 11,494,220 1.0065 11,419,990 11,494,220
J - ALL UTILITIES 116,995,669 0.9902 118,153,574 116,995,669
L1 - COMMERCIAL PERSONAL 21,784,492 N/A 21,784,492 21,784,492
L2 - INDUSTRIAL PERSONAL 6,555,837 N/A 6,555,837 6,555,837
M1 - MOBILE HOMES 1,573,852 N/A 1,573,852 1,573,852
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 922,172 N/A 922,172 922,172
Subtotal 416,724,260 468,165,037 416,724,260
Less Total Deductions 96,277,877 102,723,630 96,277,877
Total Taxable Value 320,446,383 365,441,407 320,446,383

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
334,614,482 320,446,383 334,614,482 320,446,383


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
14,168,099 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
375,787,732 361,619,633 375,787,732 361,619,633

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