taxes Property Tax Assistance

2023 ISD Summary Worksheet

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 737,113,741 0.9554 771,523,698 737,113,741
B - MULTIFAMILY 5,427,957 N/A 5,427,957 5,427,957
C1 - VACANT LOTS 29,292,368 N/A 29,292,368 29,292,368
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,903,518 1.1203 10,624,977 11,903,518
D2 - FARM & RANCH IMP 15,594,566 N/A 15,594,566 15,594,566
E - NON-AG LAND AND IMPROVEMENTS 466,835,387 0.9997 466,975,480 466,835,387
F1 - COMMERCIAL REAL 85,767,381 0.9398 91,261,312 85,767,381
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 23,533,542 N/A 23,533,542 23,533,542
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 1,432,337,186 0 1,471,102,626 1,432,337,186
Less Total Deductions 472,103,660 0 489,544,413 472,103,660
Total Taxable Value 960,233,526 0 981,558,213 960,233,526

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 1,107,374,693 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 960,233,526 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 1,107,374,693 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 960,233,526 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,161,299,693 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,197,249,693 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,018,562,894 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 1,107,374,693 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 960,233,526 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 1,107,374,693 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 960,233,526 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,161,299,693 T13 plus the loss to the chapter 313 agreement
T16 1,197,249,693 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,018,562,894 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 147,141,167 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 53,925,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 35,950,000 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

190-903-02/Rains ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 737,113,741 0.9554 771,523,698 737,113,741
B - MULTIFAMILY 5,427,957 N/A 5,427,957 5,427,957
C1 - VACANT LOTS 29,292,368 N/A 29,292,368 29,292,368
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,903,518 1.1203 10,624,977 11,903,518
D2 - FARM & RANCH IMP 15,594,566 N/A 15,594,566 15,594,566
E - NON-AG LAND AND IMPROVEMENTS 466,835,387 0.9997 466,975,480 466,835,387
F1 - COMMERCIAL REAL 85,767,381 0.9398 91,261,312 85,767,381
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 23,533,542 N/A 23,533,542 23,533,542
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 1,432,337,186 1,471,102,626 1,432,337,186
Less Total Deductions 472,103,660 489,544,413 472,103,660
Total Taxable Value 960,233,526 981,558,213 960,233,526

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 1,107,374,693 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 960,233,526 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 1,107,374,693 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 960,233,526 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,161,299,693 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,197,249,693 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,018,562,894 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 1,107,374,693 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 960,233,526 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 1,107,374,693 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 960,233,526 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,161,299,693 T13 plus the loss to the chapter 313 agreement
T16 1,197,249,693 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,018,562,894 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 147,141,167 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 53,925,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 35,950,000 Loss to Second Previous Homestead Increase