taxes Property Tax Assistance

2021 ISD Summary Worksheet

245-Willacy /Willacy County

245-903/Raymondville ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 127,124,923 0.8296 153,236,407 153,236,407
B - MULTIFAMILY 594,774 N/A 594,774 594,774
C1 - VACANT LOTS 6,476,648 N/A 6,476,648 6,476,648
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,544,319 0.9700 14,994,549 14,994,549
D2 - FARM & RANCH IMP 1,599,631 N/A 1,599,631 1,599,631
E - NON-AG LAND AND IMPROVEMENTS 24,257,494 0.8717 27,827,801 27,827,801
F1 - COMMERCIAL REAL 83,645,184 0.9106 91,857,219 91,857,219
F2 - INDUSTRIAL REAL 1,765,188 N/A 1,765,188 1,765,188
G - ALL MINERALS 10,239,090 N/A 10,239,090 10,239,090
J - ALL UTILITIES 114,971,896 0.9512 120,870,370 120,870,370
L1 - COMMERCIAL PERSONAL 19,536,686 0.9880 19,773,974 19,773,974
L2 - INDUSTRIAL PERSONAL 3,451,947 N/A 3,451,947 3,451,947
M1 - MOBILE HOMES 1,427,639 N/A 1,427,639 1,427,639
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 911,060 N/A 911,060 911,060
Subtotal 410,546,479 0 455,026,297 455,026,297
Less Total Deductions 91,639,882 0 100,078,932 100,078,932
Total Taxable Value 318,906,597 0 354,947,365 354,947,365

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
369,158,475 354,947,365 369,158,475 354,947,365


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,211,110 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
407,020,545 392,809,435 407,020,545 392,809,435

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

245-903-02/Raymondville ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 127,124,923 0.8296 153,236,407 153,236,407
B - MULTIFAMILY 594,774 N/A 594,774 594,774
C1 - VACANT LOTS 6,476,648 N/A 6,476,648 6,476,648
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,544,319 0.9700 14,994,549 14,994,549
D2 - FARM & RANCH IMP 1,599,631 N/A 1,599,631 1,599,631
E - NON-AG LAND AND IMPROVEMENTS 24,257,494 0.8717 27,827,801 27,827,801
F1 - COMMERCIAL REAL 83,645,184 0.9106 91,857,219 91,857,219
F2 - INDUSTRIAL REAL 1,765,188 N/A 1,765,188 1,765,188
G - ALL MINERALS 10,239,090 N/A 10,239,090 10,239,090
J - ALL UTILITIES 114,971,896 0.9512 120,870,370 120,870,370
L1 - COMMERCIAL PERSONAL 19,536,686 0.9880 19,773,974 19,773,974
L2 - INDUSTRIAL PERSONAL 3,451,947 N/A 3,451,947 3,451,947
M1 - MOBILE HOMES 1,427,639 N/A 1,427,639 1,427,639
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 911,060 N/A 911,060 911,060
Subtotal 410,546,479 455,026,297 455,026,297
Less Total Deductions 91,639,882 100,078,932 100,078,932
Total Taxable Value 318,906,597 354,947,365 354,947,365

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
369,158,475 354,947,365 369,158,475 354,947,365


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
14,211,110 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
407,020,545 392,809,435 407,020,545 392,809,435

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