taxes Property Tax Assistance

2021 ISD Summary Worksheet

137-Kleberg /Kleberg County

137-902/Ricardo ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	128,506,935	N/A	128,506,935	128,506,935
B - MULTIFAMILY	109,730	N/A	109,730	109,730
C1 - VACANT LOTS	11,130,810	N/A	11,130,810	11,130,810
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,031,481	N/A	7,031,481	7,031,481
D2 - FARM & RANCH IMP	2,248,950	N/A	2,248,950	2,248,950
E - NON-AG LAND AND IMPROVEMENTS	83,104,820	N/A	83,104,820	83,104,820
F1 - COMMERCIAL REAL	5,816,690	N/A	5,816,690	5,816,690
F2 - INDUSTRIAL REAL	929,940	N/A	929,940	929,940
G - ALL MINERALS	708,285	N/A	708,285	708,285
J - ALL UTILITIES	35,896,699	N/A	35,896,699	35,896,699
L1 - COMMERCIAL PERSONAL	4,971,600	N/A	4,971,600	4,971,600
L2 - INDUSTRIAL PERSONAL	1,117,340	N/A	1,117,340	1,117,340
M1 - MOBILE HOMES	1,732,725	N/A	1,732,725	1,732,725
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	968,860	N/A	968,860	968,860
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	284,274,865	0	284,274,865	284,274,865
Less Total Deductions	50,280,237	0	50,280,237	50,280,237
Total Taxable Value	233,994,628	0	233,994,628	233,994,628

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
242,265,498	233,994,628	235,314,319	227,043,449

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
8,270,870	6,951,179

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
242,265,498	233,994,628	235,314,319	227,043,449

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

137-902-02/Ricardo ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	128,506,935	N/A	128,506,935	128,506,935
B - MULTIFAMILY	109,730	N/A	109,730	109,730
C1 - VACANT LOTS	11,130,810	N/A	11,130,810	11,130,810
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,031,481	N/A	7,031,481	7,031,481
D2 - FARM & RANCH IMP	2,248,950	N/A	2,248,950	2,248,950
E - NON-AG LAND AND IMPROVEMENTS	83,104,820	N/A	83,104,820	83,104,820
F1 - COMMERCIAL REAL	5,816,690	N/A	5,816,690	5,816,690
F2 - INDUSTRIAL REAL	929,940	N/A	929,940	929,940
G - ALL MINERALS	708,285	N/A	708,285	708,285
J - ALL UTILITIES	35,896,699	N/A	35,896,699	35,896,699
L1 - COMMERCIAL PERSONAL	4,971,600	N/A	4,971,600	4,971,600
L2 - INDUSTRIAL PERSONAL	1,117,340	N/A	1,117,340	1,117,340
M1 - MOBILE HOMES	1,732,725	N/A	1,732,725	1,732,725
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	968,860	N/A	968,860	968,860
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	284,274,865		284,274,865	284,274,865
Less Total Deductions	50,280,237		50,280,237	50,280,237
Total Taxable Value	233,994,628		233,994,628	233,994,628

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
242,265,498	233,994,628	235,314,319	227,043,449

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
8,270,870	6,951,179

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
242,265,498	233,994,628	235,314,319	227,043,449

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