taxes Property Tax Assistance

2024 ISD Summary Worksheet

Raymondville ISD (all splits)   Willacy County  

245-Willacy/Willacy County

245-903/Raymondville ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 191,469,876 0.7292 262,575,255 262,575,255
B - MULTIFAMILY 714,203 N/A 714,203 714,203
C1 - VACANT LOTS 9,455,761 N/A 9,455,761 9,455,761
C2 - COLONIA LOTS 1,355,662 N/A 1,355,662 1,355,662
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,061,489 1.3152 11,451,605 11,451,605
D2 - FARM & RANCH IMP 513,474 N/A 513,474 513,474
E - NON-AG LAND AND IMPROVEMENTS 33,610,340 0.9015 37,282,684 37,282,684
F1 - COMMERCIAL REAL 102,052,105 0.9245 110,386,268 110,386,268
F2 - INDUSTRIAL REAL 1,829,083 N/A 1,829,083 1,829,083
G - ALL MINERALS 4,757,600 N/A 4,757,600 4,757,600
J - ALL UTILITIES 101,984,320 0.9494 107,419,760 107,419,760
L1 - COMMERCIAL PERSONAL 19,675,991 N/A 19,675,991 19,675,991
L2 - INDUSTRIAL PERSONAL 2,417,587 N/A 2,417,587 2,417,587
M1 - MOBILE HOMES 1,358,142 N/A 1,358,142 1,358,142
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 921,747 N/A 921,747 921,747
Subtotal 487,177,380 0 572,114,822 572,114,822
Less Total Deductions 129,423,720 0 153,344,761 153,344,761
Total Taxable Value 357,753,660 0 418,770,061 418,770,061

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 450,826,170 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 418,770,061 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 450,826,170 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 418,770,061 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 475,441,170 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 491,851,170 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 371,896,583 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 450,826,170 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 418,770,061 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 450,826,170 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 418,770,061 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 475,441,170 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 491,851,170 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 371,896,583 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 32,056,109 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 24,615,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 16,410,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE THE APPRAISAL DISTRICT FAILED THEIR MOST RECENT MAP, YOUR SCHOOL DISTRICT'S VALUES ARE BELOW THE 90% CUTOFF, AND YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE.


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245-903-02/Raymondville ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 191,469,876 0.7292 262,575,255 262,575,255
B - MULTIFAMILY 714,203 N/A 714,203 714,203
C1 - VACANT LOTS 9,455,761 N/A 9,455,761 9,455,761
C2 - COLONIA LOTS 1,355,662 N/A 1,355,662 1,355,662
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,061,489 1.3152 11,451,605 11,451,605
D2 - FARM & RANCH IMP 513,474 N/A 513,474 513,474
E - NON-AG LAND AND IMPROVEMENTS 33,610,340 0.9015 37,282,684 37,282,684
F1 - COMMERCIAL REAL 102,052,105 0.9245 110,386,268 110,386,268
F2 - INDUSTRIAL REAL 1,829,083 N/A 1,829,083 1,829,083
G - ALL MINERALS 4,757,600 N/A 4,757,600 4,757,600
J - ALL UTILITIES 101,984,320 0.9494 107,419,760 107,419,760
L1 - COMMERCIAL PERSONAL 19,675,991 N/A 19,675,991 19,675,991
L2 - INDUSTRIAL PERSONAL 2,417,587 N/A 2,417,587 2,417,587
M1 - MOBILE HOMES 1,358,142 N/A 1,358,142 1,358,142
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 921,747 N/A 921,747 921,747
Subtotal 487,177,380 572,114,822 572,114,822
Less Total Deductions 129,423,720 153,344,761 153,344,761
Total Taxable Value 357,753,660 418,770,061 418,770,061

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 450,826,170 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 418,770,061 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 450,826,170 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 418,770,061 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 475,441,170 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 491,851,170 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 371,896,583 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 450,826,170 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 418,770,061 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 450,826,170 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 418,770,061 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 475,441,170 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 491,851,170 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 371,896,583 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 32,056,109 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 24,615,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 16,410,000 Loss to the third most recent increase in the state-mandated homestead exemption

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