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 169,850,550 0.9159 185,446,610 169,850,550
B - MULTIFAMILY 58,570 N/A 58,570 58,570
C1 - VACANT LOTS 17,832,140 N/A 17,832,140 17,832,140
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,930,111 1.0413 5,694,836 5,930,111
D2 - FARM & RANCH IMP 4,306,730 N/A 4,306,730 4,306,730
E - NON-AG LAND AND IMPROVEMENTS 114,396,639 1.0163 112,561,880 114,396,639
F1 - COMMERCIAL REAL 8,813,470 N/A 8,813,470 8,813,470
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 2,301,920 N/A 2,301,920 2,301,920
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 388,857,707 0 404,521,981 388,857,707
Less Total Deductions 111,443,567 0 112,483,229 111,443,567
Total Taxable Value 277,414,140 0 292,038,752 277,414,140

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 318,494,781 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 277,414,140 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 318,494,781 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 277,414,140 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 333,839,781 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 344,069,781 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 277,414,140 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 318,494,781 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 277,414,140 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 318,494,781 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 277,414,140 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 333,839,781 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 344,069,781 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 277,414,140 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 41,080,641 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 15,345,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 10,230,000 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 169,850,550 0.9159 185,446,610 169,850,550
B - MULTIFAMILY 58,570 N/A 58,570 58,570
C1 - VACANT LOTS 17,832,140 N/A 17,832,140 17,832,140
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,930,111 1.0413 5,694,836 5,930,111
D2 - FARM & RANCH IMP 4,306,730 N/A 4,306,730 4,306,730
E - NON-AG LAND AND IMPROVEMENTS 114,396,639 1.0163 112,561,880 114,396,639
F1 - COMMERCIAL REAL 8,813,470 N/A 8,813,470 8,813,470
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 2,301,920 N/A 2,301,920 2,301,920
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 388,857,707 404,521,981 388,857,707
Less Total Deductions 111,443,567 112,483,229 111,443,567
Total Taxable Value 277,414,140 292,038,752 277,414,140

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 318,494,781 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 277,414,140 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 318,494,781 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 277,414,140 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 333,839,781 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 344,069,781 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 277,414,140 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 318,494,781 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 277,414,140 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 318,494,781 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 277,414,140 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 333,839,781 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 344,069,781 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 277,414,140 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 41,080,641 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 15,345,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 10,230,000 Loss to the third most recent increase in the state-mandated homestead exemption

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