taxes Property Tax Assistance

2021 ISD Summary Worksheet

240-Webb /Webb County

240-901/Laredo ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 1,611,222,118 0.9085 1,773,497,103 1,611,222,118
B - MULTIFAMILY 239,713,362 0.9231 259,682,983 239,713,362
C1 - VACANT LOTS 42,758,243 N/A 42,758,243 42,758,243
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 497 0.8228 604 497
D2 - FARM & RANCH IMP 15,460 N/A 15,460 15,460
E - NON-AG LAND AND IMPROVEMENTS 77,442 N/A 77,442 77,442
F1 - COMMERCIAL REAL 802,998,847 0.8960 896,204,070 802,998,847
F2 - INDUSTRIAL REAL 771,636 N/A 771,636 771,636
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 105,296,914 N/A 105,296,914 105,296,914
L1 - COMMERCIAL PERSONAL 198,137,321 1.0021 197,722,105 198,137,321
L2 - INDUSTRIAL PERSONAL 1,483,280 N/A 1,483,280 1,483,280
M1 - MOBILE HOMES 8,017,374 N/A 8,017,374 8,017,374
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 7,727,374 N/A 7,727,374 7,727,374
Subtotal 3,018,219,868 0 3,293,254,588 3,018,219,868
Less Total Deductions 432,302,987 0 475,599,254 432,302,987
Total Taxable Value 2,585,916,881 0 2,817,655,334 2,585,916,881

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
2,666,248,837 2,585,916,881 2,624,000,216 2,543,668,260


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
80,331,956 42,248,621


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
2,666,248,837 2,585,916,881 2,624,000,216 2,543,668,260

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 ONE OF THE GRACE PERIOD

240-901-02/Laredo ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 1,611,222,118 0.9085 1,773,497,103 1,611,222,118
B - MULTIFAMILY 239,713,362 0.9231 259,682,983 239,713,362
C1 - VACANT LOTS 42,758,243 N/A 42,758,243 42,758,243
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 497 0.8228 604 497
D2 - FARM & RANCH IMP 15,460 N/A 15,460 15,460
E - NON-AG LAND AND IMPROVEMENTS 77,442 N/A 77,442 77,442
F1 - COMMERCIAL REAL 802,998,847 0.8960 896,204,070 802,998,847
F2 - INDUSTRIAL REAL 771,636 N/A 771,636 771,636
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 105,296,914 N/A 105,296,914 105,296,914
L1 - COMMERCIAL PERSONAL 198,137,321 1.0021 197,722,105 198,137,321
L2 - INDUSTRIAL PERSONAL 1,483,280 N/A 1,483,280 1,483,280
M1 - MOBILE HOMES 8,017,374 N/A 8,017,374 8,017,374
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 7,727,374 N/A 7,727,374 7,727,374
Subtotal 3,018,219,868 3,293,254,588 3,018,219,868
Less Total Deductions 432,302,987 475,599,254 432,302,987
Total Taxable Value 2,585,916,881 2,817,655,334 2,585,916,881

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
2,666,248,837 2,585,916,881 2,624,000,216 2,543,668,260


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
80,331,956 42,248,621


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
2,666,248,837 2,585,916,881 2,624,000,216 2,543,668,260

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