taxes Property Tax Assistance

2016 ISD Summary Worksheet

190/Rains

190-903/Rains ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 271,476,101 .9356 290,162,571 290,162,571
B. Multi-Family Residences 2,636,523 N/A 2,636,523 2,636,523
C1. Vacant Lots 12,902,577 N/A 12,902,577 12,902,577
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,802,704 1.4303 8,950,894 8,950,894
D2. Real Prop Farm & Ranch 11,944,358 N/A 11,944,358 11,944,358
E. Real Prop NonQual Acres 176,656,215 .8405 210,179,911 210,179,911
F1. Commercial Real 48,491,219 .9922 48,872,424 48,872,424
F2. Industrial Real 912,074 N/A 912,074 912,074
G. Oil, Gas, Minerals 11,019,284 N/A 11,019,284 11,019,284
J. Utilities 13,355,582 N/A 13,355,582 13,355,582
L1. Commercial Personal 17,756,576 N/A 17,756,576 17,756,576
L2. Industrial Personal 8,000,551 N/A 8,000,551 8,000,551
M. Other Personal 1,858,806 N/A 1,858,806 1,858,806
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 906,131 N/A 906,131 906,131
S. Special Inventory 158,753 N/A 158,753 158,753
Subtotal 590,877,454 639,617,015 639,617,015
Less Total Deductions 103,268,044   112,240,815 112,240,815
Total Taxable Value 487,609,410 527,376,200 527,376,200 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
550,376,449 527,376,200 550,376,449 527,376,200


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,000,249 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
550,376,449 527,376,200 550,376,449 527,376,200

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)