taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

190/Rains

190-903/Rains ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 252,673,003 .9623 262,571,966 252,673,003
B. Multi-Family Residences 2,381,345 N/A 2,381,345 2,381,345
C. Vacant Lots 15,655,689 N/A 15,655,689 15,655,689
D. Rural Real(Taxable) 164,874,049 .9773 168,702,443 164,874,049
F1. Commercial Real 41,777,066 .8781 47,576,661 41,777,066
F2. Industrial Real 1,571,395 N/A 1,571,395 1,571,395
G. Oil, Gas, Minerals 51,876,724 1.0028 51,731,875 51,876,724
J. Utilities 12,424,517 N/A 12,424,517 12,424,517
L1. Commercial Personal 17,495,154 N/A 17,495,154 17,495,154
L2. Industrial Personal 5,414,124 N/A 5,414,124 5,414,124
M. Other Personal 2,977,901 N/A 2,977,901 2,977,901
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 719,689 N/A 719,689 719,689
S. Special Inventory 226,317 N/A 226,317 226,317
Subtotal 570,066,973 589,449,076 570,066,973
Less Total Deductions 79,056,700   83,347,274 79,056,700
Total Taxable Value 491,010,273 506,101,802 491,010,273 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 152,753,835 .9533 160,236,898
Prod Value Qualified Acres 12,120,214 1.4317 8,465,545
Taxable Value 164,874,049   168,702,443

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
517,579,390 491,010,273 517,579,390 491,010,273 496,865,982 496,865,982


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
26,569,117 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
517,579,390 491,010,273 517,579,390 491,010,273 496,865,982 496,865,982

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified