taxes Property Tax Assistance

2023 ISD Summary Worksheet

Ricardo ISD (all splits)   Kleberg County  

137-Kleberg/Kleberg County

137-902/Ricardo ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 149,179,995 0.7755 192,366,209 149,179,995
B - MULTIFAMILY 129,240 N/A 129,240 129,240
C1 - VACANT LOTS 11,981,185 N/A 11,981,185 11,981,185
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,081,989 1.0230 5,945,268 6,081,989
D2 - FARM & RANCH IMP 2,766,770 N/A 2,766,770 2,766,770
E - NON-AG LAND AND IMPROVEMENTS 94,016,433 0.7272 129,285,524 94,016,433
F1 - COMMERCIAL REAL 6,995,750 N/A 6,995,750 6,995,750
F2 - INDUSTRIAL REAL 1,228,520 N/A 1,228,520 1,228,520
G - ALL MINERALS 1,246,530 N/A 1,246,530 1,246,530
J - ALL UTILITIES 47,823,468 0.9699 49,307,628 47,823,468
L1 - COMMERCIAL PERSONAL 7,338,250 N/A 7,338,250 7,338,250
L2 - INDUSTRIAL PERSONAL 7,238,614 N/A 7,238,614 7,238,614
M1 - MOBILE HOMES 1,903,475 N/A 1,903,475 1,903,475
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,699,060 N/A 1,699,060 1,699,060
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 339,629,279 0 419,432,023 339,629,279
Less Total Deductions 111,919,488 0 129,149,750 111,919,488
Total Taxable Value 227,709,791 0 290,282,273 227,709,791

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

Measure Value Description
T1 267,128,795 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 227,709,791 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 267,128,795 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 227,709,791 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 282,683,795 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 293,053,795 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 238,667,415 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 267,128,795 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 227,709,791 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 267,128,795 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 227,709,791 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 282,683,795 T13 plus the loss to the chapter 313 agreement
T16 293,053,795 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 238,667,415 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 39,419,004 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 15,555,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 10,370,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD


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137-902-02/Ricardo ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 149,179,995 0.7755 192,366,209 149,179,995
B - MULTIFAMILY 129,240 N/A 129,240 129,240
C1 - VACANT LOTS 11,981,185 N/A 11,981,185 11,981,185
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,081,989 1.0230 5,945,268 6,081,989
D2 - FARM & RANCH IMP 2,766,770 N/A 2,766,770 2,766,770
E - NON-AG LAND AND IMPROVEMENTS 94,016,433 0.7272 129,285,524 94,016,433
F1 - COMMERCIAL REAL 6,995,750 N/A 6,995,750 6,995,750
F2 - INDUSTRIAL REAL 1,228,520 N/A 1,228,520 1,228,520
G - ALL MINERALS 1,246,530 N/A 1,246,530 1,246,530
J - ALL UTILITIES 47,823,468 0.9699 49,307,628 47,823,468
L1 - COMMERCIAL PERSONAL 7,338,250 N/A 7,338,250 7,338,250
L2 - INDUSTRIAL PERSONAL 7,238,614 N/A 7,238,614 7,238,614
M1 - MOBILE HOMES 1,903,475 N/A 1,903,475 1,903,475
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,699,060 N/A 1,699,060 1,699,060
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 339,629,279 419,432,023 339,629,279
Less Total Deductions 111,919,488 129,149,750 111,919,488
Total Taxable Value 227,709,791 290,282,273 227,709,791

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

Measure Value Description
T1 267,128,795 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 227,709,791 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 267,128,795 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 227,709,791 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 282,683,795 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 293,053,795 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 238,667,415 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 267,128,795 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 227,709,791 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 267,128,795 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 227,709,791 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 282,683,795 T13 plus the loss to the chapter 313 agreement
T16 293,053,795 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 238,667,415 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 39,419,004 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 15,555,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 10,370,000 Loss to Second Previous Homestead Increase

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