taxes Property Tax Assistance

2023 ISD Summary Worksheet

Rains ISD (all splits)   Rains County  

190-Rains/Rains County

190-903/Rains ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 737,876,066 0.9554 772,321,610 737,876,066
B - MULTIFAMILY 5,424,644 N/A 5,424,644 5,424,644
C1 - VACANT LOTS 29,063,782 N/A 29,063,782 29,063,782
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,926,357 1.1124 10,721,028 11,926,357
D2 - FARM & RANCH IMP 15,592,990 N/A 15,592,990 15,592,990
E - NON-AG LAND AND IMPROVEMENTS 465,249,885 0.9997 465,389,502 465,249,885
F1 - COMMERCIAL REAL 84,822,308 0.9398 90,255,701 84,822,308
F2 - INDUSTRIAL REAL 7,018,012 N/A 7,018,012 7,018,012
G - ALL MINERALS 7,379,950 N/A 7,379,950 7,379,950
J - ALL UTILITIES 27,050,462 N/A 27,050,462 27,050,462
L1 - COMMERCIAL PERSONAL 23,296,912 N/A 23,296,912 23,296,912
L2 - INDUSTRIAL PERSONAL 14,523,630 N/A 14,523,630 14,523,630
M1 - MOBILE HOMES 420,851 N/A 420,851 420,851
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 273,151 N/A 273,151 273,151
S - SPECIAL INVENTORY 202,670 N/A 202,670 202,670
Subtotal 1,430,121,670 0 1,468,934,895 1,430,121,670
Less Total Deductions 483,307,552 0 500,821,407 483,307,552
Total Taxable Value 946,814,118 0 968,113,488 946,814,118

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 1,102,026,424 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 946,814,118 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 1,102,026,424 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 946,814,118 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,155,966,424 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,191,926,424 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,004,896,988 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 1,102,026,424 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 946,814,118 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 1,102,026,424 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 946,814,118 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,155,966,424 T13 plus the loss to the chapter 313 agreement
T16 1,191,926,424 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,004,896,988 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 155,212,306 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 53,940,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 35,960,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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190-903-02/Rains ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 737,876,066 0.9554 772,321,610 737,876,066
B - MULTIFAMILY 5,424,644 N/A 5,424,644 5,424,644
C1 - VACANT LOTS 29,063,782 N/A 29,063,782 29,063,782
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,926,357 1.1124 10,721,028 11,926,357
D2 - FARM & RANCH IMP 15,592,990 N/A 15,592,990 15,592,990
E - NON-AG LAND AND IMPROVEMENTS 465,249,885 0.9997 465,389,502 465,249,885
F1 - COMMERCIAL REAL 84,822,308 0.9398 90,255,701 84,822,308
F2 - INDUSTRIAL REAL 7,018,012 N/A 7,018,012 7,018,012
G - ALL MINERALS 7,379,950 N/A 7,379,950 7,379,950
J - ALL UTILITIES 27,050,462 N/A 27,050,462 27,050,462
L1 - COMMERCIAL PERSONAL 23,296,912 N/A 23,296,912 23,296,912
L2 - INDUSTRIAL PERSONAL 14,523,630 N/A 14,523,630 14,523,630
M1 - MOBILE HOMES 420,851 N/A 420,851 420,851
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 273,151 N/A 273,151 273,151
S - SPECIAL INVENTORY 202,670 N/A 202,670 202,670
Subtotal 1,430,121,670 1,468,934,895 1,430,121,670
Less Total Deductions 483,307,552 500,821,407 483,307,552
Total Taxable Value 946,814,118 968,113,488 946,814,118

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 1,102,026,424 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 946,814,118 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 1,102,026,424 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 946,814,118 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,155,966,424 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,191,926,424 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,004,896,988 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 1,102,026,424 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 946,814,118 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 1,102,026,424 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 946,814,118 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,155,966,424 T13 plus the loss to the chapter 313 agreement
T16 1,191,926,424 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,004,896,988 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 155,212,306 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 53,940,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 35,960,000 Loss to Second Previous Homestead Increase

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