taxes Property Tax Assistance

2024 ISD Summary Worksheet

Rankin ISD (all splits)   Upton County  

231-Upton/Upton County

231-902/Rankin ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 25,094,658 N/A 25,094,658 25,094,658
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 359,700 N/A 359,700 359,700
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,523,654 0.3123 8,081,787 2,523,654
D2 - FARM & RANCH IMP 3,574,578 N/A 3,574,578 3,574,578
E - NON-AG LAND AND IMPROVEMENTS 31,230,997 N/A 31,230,997 31,230,997
F1 - COMMERCIAL REAL 3,954,803 N/A 3,954,803 3,954,803
F2 - INDUSTRIAL REAL 823,426,976 N/A 823,426,976 823,426,976
G - ALL MINERALS 12,411,755,230 0.9971 12,447,854,007 12,411,755,230
J - ALL UTILITIES 1,290,293,081 0.8924 1,445,868,535 1,290,293,081
L1 - COMMERCIAL PERSONAL 5,946,823 N/A 5,946,823 5,946,823
L2 - INDUSTRIAL PERSONAL 105,379,070 N/A 105,379,070 105,379,070
M1 - MOBILE HOMES 2,676,408 N/A 2,676,408 2,676,408
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 14,706,215,978 0 14,903,448,342 14,706,215,978
Less Total Deductions 761,828,013 0 761,828,013 761,828,013
Total Taxable Value 13,944,387,965 0 14,141,620,329 13,944,387,965

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 13,949,821,464 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 13,944,387,965 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 13,949,821,464 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 13,944,387,965 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 13,953,121,464 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 13,955,321,464 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 13,945,512,510 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 14,351,373,434 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 14,345,939,935 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 14,351,373,434 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 14,345,939,935 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 14,354,673,434 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 14,356,873,434 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 14,347,064,480 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 5,433,499 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 3,300,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 2,200,000 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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231-902-02/Rankin ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 25,094,658 N/A 25,094,658 25,094,658
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 359,700 N/A 359,700 359,700
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,523,654 0.3123 8,081,787 2,523,654
D2 - FARM & RANCH IMP 3,574,578 N/A 3,574,578 3,574,578
E - NON-AG LAND AND IMPROVEMENTS 31,230,997 N/A 31,230,997 31,230,997
F1 - COMMERCIAL REAL 3,954,803 N/A 3,954,803 3,954,803
F2 - INDUSTRIAL REAL 823,426,976 N/A 823,426,976 823,426,976
G - ALL MINERALS 12,411,755,230 0.9971 12,447,854,007 12,411,755,230
J - ALL UTILITIES 1,290,293,081 0.8924 1,445,868,535 1,290,293,081
L1 - COMMERCIAL PERSONAL 5,946,823 N/A 5,946,823 5,946,823
L2 - INDUSTRIAL PERSONAL 105,379,070 N/A 105,379,070 105,379,070
M1 - MOBILE HOMES 2,676,408 N/A 2,676,408 2,676,408
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 14,706,215,978 14,903,448,342 14,706,215,978
Less Total Deductions 761,828,013 761,828,013 761,828,013
Total Taxable Value 13,944,387,965 14,141,620,329 13,944,387,965

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 13,949,821,464 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 13,944,387,965 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 13,949,821,464 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 13,944,387,965 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 13,953,121,464 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 13,955,321,464 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 13,945,512,510 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 14,351,373,434 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 14,345,939,935 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 14,351,373,434 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 14,345,939,935 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 14,354,673,434 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 14,356,873,434 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 14,347,064,480 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 5,433,499 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 3,300,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 2,200,000 Loss to the third most recent increase in the state-mandated homestead exemption

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