taxes Property Tax Assistance

2021 ISD Summary Worksheet

190-Rains /Rains County

190-903/Rains ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	513,162,259	N/A	513,162,259	513,162,259
B - MULTIFAMILY	4,903,241	N/A	4,903,241	4,903,241
C1 - VACANT LOTS	13,777,503	N/A	13,777,503	13,777,503
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,507,543	N/A	11,507,543	11,507,543
D2 - FARM & RANCH IMP	14,813,656	N/A	14,813,656	14,813,656
E - NON-AG LAND AND IMPROVEMENTS	359,352,679	N/A	359,352,679	359,352,679
F1 - COMMERCIAL REAL	71,635,449	N/A	71,635,449	71,635,449
F2 - INDUSTRIAL REAL	5,467,931	N/A	5,467,931	5,467,931
G - ALL MINERALS	113,340	N/A	113,340	113,340
J - ALL UTILITIES	20,418,816	N/A	20,418,816	20,418,816
L1 - COMMERCIAL PERSONAL	22,298,376	N/A	22,298,376	22,298,376
L2 - INDUSTRIAL PERSONAL	13,686,322	N/A	13,686,322	13,686,322
M1 - MOBILE HOMES	196,755	N/A	196,755	196,755
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	312,175	N/A	312,175	312,175
S - SPECIAL INVENTORY	155,369	N/A	155,369	155,369
Subtotal	1,051,801,414	0	1,051,801,414	1,051,801,414
Less Total Deductions	199,471,404	0	199,471,404	199,471,404
Total Taxable Value	852,330,010	0	852,330,010	852,330,010

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
880,016,823	852,330,010	880,016,823	852,330,010

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
27,686,813	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
880,016,823	852,330,010	880,016,823	852,330,010

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	513,162,259	N/A	513,162,259	513,162,259
B - MULTIFAMILY	4,903,241	N/A	4,903,241	4,903,241
C1 - VACANT LOTS	13,777,503	N/A	13,777,503	13,777,503
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,507,543	N/A	11,507,543	11,507,543
D2 - FARM & RANCH IMP	14,813,656	N/A	14,813,656	14,813,656
E - NON-AG LAND AND IMPROVEMENTS	359,352,679	N/A	359,352,679	359,352,679
F1 - COMMERCIAL REAL	71,635,449	N/A	71,635,449	71,635,449
F2 - INDUSTRIAL REAL	5,467,931	N/A	5,467,931	5,467,931
G - ALL MINERALS	113,340	N/A	113,340	113,340
J - ALL UTILITIES	20,418,816	N/A	20,418,816	20,418,816
L1 - COMMERCIAL PERSONAL	22,298,376	N/A	22,298,376	22,298,376
L2 - INDUSTRIAL PERSONAL	13,686,322	N/A	13,686,322	13,686,322
M1 - MOBILE HOMES	196,755	N/A	196,755	196,755
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	312,175	N/A	312,175	312,175
S - SPECIAL INVENTORY	155,369	N/A	155,369	155,369
Subtotal	1,051,801,414		1,051,801,414	1,051,801,414
Less Total Deductions	199,471,404		199,471,404	199,471,404
Total Taxable Value	852,330,010		852,330,010	852,330,010

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
880,016,823	852,330,010	880,016,823	852,330,010

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
27,686,813	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
880,016,823	852,330,010	880,016,823	852,330,010

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