taxes Property Tax Assistance

2016 ISD Summary Worksheet

131/Kenedy

137-903/Riviera ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 54,400 N/A 54,400 54,400
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 97,790 N/A 97,790 97,790
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 102,030 N/A 102,030 102,030
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 203,366 N/A 203,366 203,366
J. Utilities 1,210,120 N/A 1,210,120 1,210,120
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 1,234,720 N/A 1,234,720 1,234,720
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 2,902,426 2,902,426 2,902,426
Less Total Deductions 0   0 0
Total Taxable Value 2,902,426 2,902,426 2,902,426 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
2,902,426 2,902,426 2,902,426 2,902,426


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
2,902,426 2,902,426 2,902,426 2,902,426

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

137/Kleberg

137-903/Riviera ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 43,625,416 .7558 57,720,847 43,625,416
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 7,822,301 N/A 7,822,301 7,822,301
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 41,487,534 1.0007 41,457,331 41,487,534
D2. Real Prop Farm & Ranch 889,681 N/A 889,681 889,681
E. Real Prop NonQual Acres 59,131,320 .9499 62,250,047 59,131,320
F1. Commercial Real 11,892,140 N/A 11,892,140 11,892,140
F2. Industrial Real 19,740 N/A 19,740 19,740
G. Oil, Gas, Minerals 8,573,250 .9878 8,679,135 8,573,250
J. Utilities 50,250,170 1.0217 49,182,901 50,250,170
L1. Commercial Personal 8,717,560 N/A 8,717,560 8,717,560
L2. Industrial Personal 4,484,630 N/A 4,484,630 4,484,630
M. Other Personal 814,350 N/A 814,350 814,350
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 24,400 N/A 24,400 24,400
S. Special Inventory 0 N/A 0 0
Subtotal 237,732,492 253,955,063 237,732,492
Less Total Deductions 21,436,428   29,002,393 21,436,428
Total Taxable Value 216,296,064 224,952,670 216,296,064 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
219,744,898 216,296,064 219,744,898 216,296,064


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,448,834 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
219,744,898 216,296,064 219,744,898 216,296,064

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

137-903/Riviera ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 43,625,416 .7558 57,720,847 43,625,416
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 7,876,701 N/A 7,876,701 7,876,701
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 41,585,324 1.0007 41,555,121 41,585,324
D2. Real Prop Farm & Ranch 889,681 N/A 889,681 889,681
E. Real Prop NonQual Acres 59,233,350 .9500 62,352,077 59,233,350
F1. Commercial Real 11,892,140 N/A 11,892,140 11,892,140
F2. Industrial Real 19,740 N/A 19,740 19,740
G. Oil, Gas, Minerals 8,776,616 .9881 8,882,501 8,776,616
J. Utilities 51,460,290 1.0212 50,393,021 51,460,290
L1. Commercial Personal 8,717,560 N/A 8,717,560 8,717,560
L2. Industrial Personal 5,719,350 N/A 5,719,350 5,719,350
M. Other Personal 814,350 N/A 814,350 814,350
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 24,400 N/A 24,400 24,400
S. Special Inventory 0 N/A 0 0
Subtotal 240,634,918 256,857,489 240,634,918
Less Total Deductions 21,436,428   29,002,393 21,436,428
Total Taxable Value 219,198,490 227,855,096 219,198,490 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