taxes Property Tax Assistance

2022 ISD Summary Worksheet

245-Willacy/Willacy County

245-903/Raymondville ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 140,419,163 0.7682 182,789,850 182,789,850
B - MULTIFAMILY 649,858 N/A 649,858 649,858
C1 - VACANT LOTS 7,875,141 N/A 7,875,141 7,875,141
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,670,119 0.9745 15,053,797 15,053,797
D2 - FARM & RANCH IMP 1,522,701 N/A 1,522,701 1,522,701
E - NON-AG LAND AND IMPROVEMENTS 23,885,284 0.8355 28,588,012 28,588,012
F1 - COMMERCIAL REAL 86,769,743 0.9269 93,612,842 93,612,842
F2 - INDUSTRIAL REAL 1,792,857 N/A 1,792,857 1,792,857
G - ALL MINERALS 12,941,790 N/A 12,941,790 12,941,790
J - ALL UTILITIES 115,207,553 0.9896 116,418,303 116,418,303
L1 - COMMERCIAL PERSONAL 20,496,202 N/A 20,496,202 20,496,202
L2 - INDUSTRIAL PERSONAL 2,979,018 N/A 2,979,018 2,979,018
M1 - MOBILE HOMES 1,429,155 N/A 1,429,155 1,429,155
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,102,651 N/A 1,102,651 1,102,651
Subtotal 431,741,235 0 487,252,177 487,252,177
Less Total Deductions 67,523,710 0 80,571,325 80,571,325
Total Taxable Value 364,217,525 0 406,680,852 406,680,852

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 T13
421,404,814 405,844,694 421,404,814 405,844,694 437,994,814


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
15,560,120 0 16,590,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
421,404,814 405,844,694 421,404,814 405,844,694 437,994,814

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 140,419,163 0.7682 182,789,850 182,789,850
B - MULTIFAMILY 649,858 N/A 649,858 649,858
C1 - VACANT LOTS 7,875,141 N/A 7,875,141 7,875,141
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,670,119 0.9745 15,053,797 15,053,797
D2 - FARM & RANCH IMP 1,522,701 N/A 1,522,701 1,522,701
E - NON-AG LAND AND IMPROVEMENTS 23,885,284 0.8355 28,588,012 28,588,012
F1 - COMMERCIAL REAL 86,769,743 0.9269 93,612,842 93,612,842
F2 - INDUSTRIAL REAL 1,792,857 N/A 1,792,857 1,792,857
G - ALL MINERALS 12,941,790 N/A 12,941,790 12,941,790
J - ALL UTILITIES 115,207,553 0.9896 116,418,303 116,418,303
L1 - COMMERCIAL PERSONAL 20,496,202 N/A 20,496,202 20,496,202
L2 - INDUSTRIAL PERSONAL 2,979,018 N/A 2,979,018 2,979,018
M1 - MOBILE HOMES 1,429,155 N/A 1,429,155 1,429,155
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,102,651 N/A 1,102,651 1,102,651
Subtotal 431,741,235 487,252,177 487,252,177
Less Total Deductions 67,523,710 80,571,325 80,571,325
Total Taxable Value 364,217,525 406,680,852 406,680,852

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 T13
421,404,814 405,844,694 421,404,814 405,844,694 437,994,814


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
15,560,120 0 16,590,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
421,404,814 405,844,694 421,404,814 405,844,694 437,994,814

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement