taxes Property Tax Assistance

2016 ISD Summary Worksheet

137/Kleberg

137-902/Ricardo ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 79,176,264 .8589 92,183,332 92,183,332
B. Multi-Family Residences 77,060 N/A 77,060 77,060
C1. Vacant Lots 7,953,526 N/A 7,953,526 7,953,526
C2. Colonia Lots 8,520 N/A 8,520 8,520
D1. Rural Real(Taxable) 6,453,120 1.0310 6,258,987 6,258,987
D2. Real Prop Farm & Ranch 1,442,410 N/A 1,442,410 1,442,410
E. Real Prop NonQual Acres 52,050,312 .7404 70,300,259 70,300,259
F1. Commercial Real 3,151,810 N/A 3,151,810 3,151,810
F2. Industrial Real 917,650 N/A 917,650 917,650
G. Oil, Gas, Minerals 1,079,845 N/A 1,079,845 1,079,845
J. Utilities 14,749,311 1.1700 12,606,249 12,606,249
L1. Commercial Personal 8,867,490 1.0207 8,687,656 8,687,656
L2. Industrial Personal 3,061,080 N/A 3,061,080 3,061,080
M. Other Personal 965,555 N/A 965,555 965,555
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 446,870 N/A 446,870 446,870
S. Special Inventory 0 N/A 0 0
Subtotal 180,400,823 209,140,809 209,140,809
Less Total Deductions 33,511,909   38,652,976 38,652,976
Total Taxable Value 146,888,914 170,487,833 170,487,833 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
177,994,869 170,487,833 173,419,432 165,912,396


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,507,036 4,575,437


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

Value Taxable For I&S Purposes

T7 T8 T9 T10
177,994,869 170,487,833 173,419,432 165,912,396

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

The PVS found your taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)