taxes Property Tax Assistance

2023 ISD Summary Worksheet

240-Webb/Webb County

240-901/Laredo ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 2,088,703,483 0.9846 2,121,372,621 2,088,703,483
B - MULTIFAMILY 325,937,999 0.9444 345,127,064 325,937,999
C1 - VACANT LOTS 54,030,175 N/A 54,030,175 54,030,175
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 499 0.7295 684 499
D2 - FARM & RANCH IMP 28,361 N/A 28,361 28,361
E - NON-AG LAND AND IMPROVEMENTS 113,923 N/A 113,923 113,923
F1 - COMMERCIAL REAL 983,766,565 0.9329 1,054,525,206 983,766,565
F2 - INDUSTRIAL REAL 1,055,742 N/A 1,055,742 1,055,742
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 118,024,847 N/A 118,024,847 118,024,847
L1 - COMMERCIAL PERSONAL 206,267,118 0.9843 209,557,165 206,267,118
L2 - INDUSTRIAL PERSONAL 1,444,250 N/A 1,444,250 1,444,250
M1 - MOBILE HOMES 10,691,541 N/A 10,691,541 10,691,541
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 9,403,206 N/A 9,403,206 9,403,206
Subtotal 3,799,467,709 0 3,925,374,785 3,799,467,709
Less Total Deductions 981,510,165 0 992,529,613 981,510,165
Total Taxable Value 2,817,957,544 0 2,932,845,172 2,817,957,544

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 3,207,849,487 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,817,957,544 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 3,174,384,651 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,784,492,708 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,346,854,487 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 3,439,524,487 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 2,900,581,327 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 3,207,849,487 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,817,957,544 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 3,174,384,651 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,784,492,708 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,346,854,487 T13 plus the loss to the chapter 313 agreement
T16 3,439,524,487 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 2,900,581,327 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 389,891,943 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 33,464,836 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 139,005,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 92,670,000 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

240-901-02/Laredo ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 2,088,703,483 0.9846 2,121,372,621 2,088,703,483
B - MULTIFAMILY 325,937,999 0.9444 345,127,064 325,937,999
C1 - VACANT LOTS 54,030,175 N/A 54,030,175 54,030,175
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 499 0.7295 684 499
D2 - FARM & RANCH IMP 28,361 N/A 28,361 28,361
E - NON-AG LAND AND IMPROVEMENTS 113,923 N/A 113,923 113,923
F1 - COMMERCIAL REAL 983,766,565 0.9329 1,054,525,206 983,766,565
F2 - INDUSTRIAL REAL 1,055,742 N/A 1,055,742 1,055,742
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 118,024,847 N/A 118,024,847 118,024,847
L1 - COMMERCIAL PERSONAL 206,267,118 0.9843 209,557,165 206,267,118
L2 - INDUSTRIAL PERSONAL 1,444,250 N/A 1,444,250 1,444,250
M1 - MOBILE HOMES 10,691,541 N/A 10,691,541 10,691,541
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 9,403,206 N/A 9,403,206 9,403,206
Subtotal 3,799,467,709 3,925,374,785 3,799,467,709
Less Total Deductions 981,510,165 992,529,613 981,510,165
Total Taxable Value 2,817,957,544 2,932,845,172 2,817,957,544

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 3,207,849,487 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,817,957,544 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 3,174,384,651 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,784,492,708 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,346,854,487 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 3,439,524,487 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 2,900,581,327 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 3,207,849,487 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,817,957,544 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 3,174,384,651 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,784,492,708 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,346,854,487 T13 plus the loss to the chapter 313 agreement
T16 3,439,524,487 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 2,900,581,327 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 389,891,943 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 33,464,836 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 139,005,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 92,670,000 Loss to Second Previous Homestead Increase