taxes Property Tax Assistance

2024 ISD Summary Worksheet

Ricardo ISD (all splits)   Kleberg County  

137-Kleberg/Kleberg County

137-902/Ricardo ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 169,980,630 0.9159 185,588,634 169,980,630
B - MULTIFAMILY 58,570 N/A 58,570 58,570
C1 - VACANT LOTS 17,553,870 N/A 17,553,870 17,553,870
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,965,115 1.0411 5,729,471 5,965,115
D2 - FARM & RANCH IMP 4,105,860 N/A 4,105,860 4,105,860
E - NON-AG LAND AND IMPROVEMENTS 112,556,660 1.0163 110,751,412 112,556,660
F1 - COMMERCIAL REAL 9,653,359 N/A 9,653,359 9,653,359
F2 - INDUSTRIAL REAL 1,499,720 N/A 1,499,720 1,499,720
G - ALL MINERALS 540,580 N/A 540,580 540,580
J - ALL UTILITIES 49,510,256 0.9586 51,648,504 49,510,256
L1 - COMMERCIAL PERSONAL 6,850,760 N/A 6,850,760 6,850,760
L2 - INDUSTRIAL PERSONAL 4,909,621 N/A 4,909,621 4,909,621
M1 - MOBILE HOMES 2,056,640 N/A 2,056,640 2,056,640
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,231,090 N/A 2,231,090 2,231,090
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 387,472,731 0 403,178,091 387,472,731
Less Total Deductions 132,643,860 0 139,334,051 132,643,860
Total Taxable Value 254,828,871 0 263,844,040 254,828,871

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's office 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 school 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 297,193,030 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 254,828,871 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 297,193,030 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 254,828,871 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 313,033,030 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 323,593,030 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 270,110,651 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 297,193,030 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 254,828,871 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 297,193,030 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 254,828,871 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 313,033,030 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 323,593,030 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 270,110,651 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 42,364,159 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 15,840,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 10,560,000 Loss to the third most recent increase in the state-mandated homestead exemption

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


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137-902-02/Ricardo ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 169,980,630 0.9159 185,588,634 169,980,630
B - MULTIFAMILY 58,570 N/A 58,570 58,570
C1 - VACANT LOTS 17,553,870 N/A 17,553,870 17,553,870
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,965,115 1.0411 5,729,471 5,965,115
D2 - FARM & RANCH IMP 4,105,860 N/A 4,105,860 4,105,860
E - NON-AG LAND AND IMPROVEMENTS 112,556,660 1.0163 110,751,412 112,556,660
F1 - COMMERCIAL REAL 9,653,359 N/A 9,653,359 9,653,359
F2 - INDUSTRIAL REAL 1,499,720 N/A 1,499,720 1,499,720
G - ALL MINERALS 540,580 N/A 540,580 540,580
J - ALL UTILITIES 49,510,256 0.9586 51,648,504 49,510,256
L1 - COMMERCIAL PERSONAL 6,850,760 N/A 6,850,760 6,850,760
L2 - INDUSTRIAL PERSONAL 4,909,621 N/A 4,909,621 4,909,621
M1 - MOBILE HOMES 2,056,640 N/A 2,056,640 2,056,640
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,231,090 N/A 2,231,090 2,231,090
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 387,472,731 403,178,091 387,472,731
Less Total Deductions 132,643,860 139,334,051 132,643,860
Total Taxable Value 254,828,871 263,844,040 254,828,871

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's office 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 school 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 297,193,030 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 254,828,871 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 297,193,030 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 254,828,871 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 313,033,030 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 323,593,030 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 270,110,651 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 297,193,030 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 254,828,871 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 297,193,030 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 254,828,871 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 313,033,030 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 323,593,030 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 270,110,651 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 42,364,159 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 15,840,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 10,560,000 Loss to the third most recent increase in the state-mandated homestead exemption

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