taxes Property Tax Assistance

2016 ISD Summary Worksheet

245/Willacy

245-903/Raymondville ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 105,230,020 .8277 127,135,460 105,230,020
B. Multi-Family Residences 549,451 N/A 549,451 549,451
C1. Vacant Lots 5,183,367 N/A 5,183,367 5,183,367
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,218,193 .9139 15,558,446 14,218,193
D2. Real Prop Farm & Ranch 1,671,811 N/A 1,671,811 1,671,811
E. Real Prop NonQual Acres 23,953,605 .9058 26,444,695 23,953,605
F1. Commercial Real 49,046,484 .9712 50,500,910 49,046,484
F2. Industrial Real 1,532,842 N/A 1,532,842 1,532,842
G. Oil, Gas, Minerals 23,930,360 1.0342 23,139,006 23,930,360
J. Utilities 28,957,421 1.0462 27,678,667 28,957,421
L1. Commercial Personal 106,297,953 1.1040 96,284,378 106,297,953
L2. Industrial Personal 4,385,137 N/A 4,385,137 4,385,137
M. Other Personal 1,798,353 N/A 1,798,353 1,798,353
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,177,711 N/A 1,177,711 1,177,711
Subtotal 367,932,708 383,040,234 367,932,708
Less Total Deductions 127,330,178   134,889,480 127,330,178
Total Taxable Value 240,602,530 248,150,754 240,602,530 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
253,822,183 240,602,530 253,822,183 240,602,530


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,219,653 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
327,545,903 314,326,250 327,545,903 314,326,250

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 local value to be valid, and local value was certified