taxes Property Tax Assistance

2017 ISD Summary Worksheet

137/Kleberg

137-902/Ricardo ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 85,825,835 .9270 92,584,504 85,825,835
B. Multi-Family Residences 80,860 N/A 80,860 80,860
C1. Vacant Lots 9,040,493 N/A 9,040,493 9,040,493
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,966,193 1.0907 6,386,756 6,966,193
D2. Real Prop Farm & Ranch 1,553,990 N/A 1,553,990 1,553,990
E. Real Prop NonQual Acres 57,381,498 .8971 63,963,324 57,381,498
F1. Commercial Real 3,476,480 N/A 3,476,480 3,476,480
F2. Industrial Real 1,090,440 N/A 1,090,440 1,090,440
G. Oil, Gas, Minerals 378,495 N/A 378,495 378,495
J. Utilities 15,105,591 1.0454 14,449,580 15,105,591
L1. Commercial Personal 7,912,220 1.0612 7,455,918 7,912,220
L2. Industrial Personal 2,548,980 N/A 2,548,980 2,548,980
M. Other Personal 726,515 N/A 726,515 726,515
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 699,790 N/A 699,790 699,790
S. Special Inventory 0 N/A 0 0
Subtotal 192,787,380 204,436,125 192,787,380
Less Total Deductions 36,072,349   38,867,007 36,072,349
Total Taxable Value 156,715,031 165,569,118 156,715,031 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
164,211,504 156,715,031 159,262,619 151,766,146


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,496,473 4,948,885


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
164,211,504 156,715,031 159,262,619 151,766,146

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