taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

214/Starr

214-901/Rio Grande City ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 388,679,840 .8314 467,500,409 388,679,840
B. Multi-Family Residences 18,151,880 N/A 18,151,880 18,151,880
C1. Vacant Lots 52,651,510 .8302 63,420,272 52,651,510
C2. Colonia Lots 14,229,250 N/A 14,229,250 14,229,250
D1. Rural Real(Taxable) 33,748,910 .9650 34,974,349 33,748,910
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 17,593,510 N/A 17,593,510 17,593,510
F1. Commercial Real 124,173,020 .8645 143,635,651 124,173,020
F2. Industrial Real 313,620 N/A 313,620 313,620
G. Oil, Gas, Minerals 386,488,790 1.0274 376,181,419 386,488,790
J. Utilities 63,329,960 .9732 65,073,942 63,329,960
L1. Commercial Personal 62,048,920 .9421 65,862,350 62,048,920
L2. Industrial Personal 26,742,330 N/A 26,742,330 26,742,330
M. Other Personal 1,782,540 N/A 1,782,540 1,782,540
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 3,656,800 N/A 3,656,800 3,656,800
Subtotal 1,193,590,880 1,299,118,322 1,193,590,880
Less Total Deductions 131,740,279   138,832,114 131,740,279
Total Taxable Value 1,061,850,601 1,160,286,208 1,061,850,601 T2**

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
1,132,767,601 1,061,850,601 1,132,767,601 1,061,850,601 1,061,850,601 1,061,850,601


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
70,917,000 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
1,132,767,601 1,061,850,601 1,132,767,601 1,061,850,601 1,061,850,601 1,061,850,601

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 invalid, but local value was certified because your school district is in year two of the grace period.