taxes Property Tax Assistance

2016 ISD Summary Worksheet

214/Starr

214-901/Rio Grande City CISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 454,705,390 .8154 557,647,032 557,647,032
B. Multi-Family Residences 22,090,040 N/A 22,090,040 22,090,040
C1. Vacant Lots 69,704,190 .9884 70,522,248 70,522,248
C2. Colonia Lots 76,390 N/A 76,390 76,390
D1. Rural Real(Taxable) 30,441,480 .8075 37,698,353 37,698,353
D2. Real Prop Farm & Ranch 242,560 N/A 242,560 242,560
E. Real Prop NonQual Acres 41,226,200 N/A 41,226,200 41,226,200
F1. Commercial Real 130,031,490 .9259 140,437,941 140,437,941
F2. Industrial Real 552,811,230 N/A 552,811,230 552,811,230
G. Oil, Gas, Minerals 148,131,760 1.0394 142,516,606 142,516,606
J. Utilities 126,439,290 .9959 126,959,825 126,959,825
L1. Commercial Personal 64,325,310 1.0163 63,293,624 63,293,624
L2. Industrial Personal 20,311,190 N/A 20,311,190 20,311,190
M. Other Personal 1,624,330 N/A 1,624,330 1,624,330
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 6,443,970 N/A 6,443,970 6,443,970
Subtotal 1,668,604,820 1,783,901,539 1,783,901,539
Less Total Deductions 184,893,771   193,239,327 193,239,327
Total Taxable Value 1,483,711,049 1,590,662,212 1,590,662,212 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
1,641,882,132 1,590,662,212 1,641,882,132 1,590,662,212


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
51,219,920 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
1,641,882,132 1,590,662,212 1,641,882,132 1,590,662,212

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)