taxes Property Tax Assistance

2021 ISD Summary Worksheet

Rains ISD (all splits)   Rains County  

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's office 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 school 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

Measure Value Description
T1 880,016,823 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 852,330,010 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 880,016,823 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 852,330,010 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 880,016,823 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 852,330,010 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 880,016,823 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 852,330,010 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 27,686,813 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED.


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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's office 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 school 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

Measure Value Description
T1 880,016,823 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 852,330,010 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 880,016,823 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 852,330,010 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 880,016,823 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 852,330,010 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 880,016,823 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 852,330,010 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 27,686,813 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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