taxes Property Tax Assistance

2017 ISD Summary Worksheet

190/Rains

190-903/Rains ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 324,578,984 .9664 335,864,015 324,578,984
B. Multi-Family Residences 2,829,260 N/A 2,829,260 2,829,260
C1. Vacant Lots 13,219,529 N/A 13,219,529 13,219,529
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,863,682 1.3115 9,808,634 12,863,682
D2. Real Prop Farm & Ranch 13,089,580 N/A 13,089,580 13,089,580
E. Real Prop NonQual Acres 214,806,454 .9327 230,306,051 214,806,454
F1. Commercial Real 51,516,973 .9196 56,021,067 51,516,973
F2. Industrial Real 680,256 N/A 680,256 680,256
G. Oil, Gas, Minerals 208,666 N/A 208,666 208,666
J. Utilities 16,606,057 N/A 16,606,057 16,606,057
L1. Commercial Personal 18,518,633 N/A 18,518,633 18,518,633
L2. Industrial Personal 8,371,094 N/A 8,371,094 8,371,094
M. Other Personal 2,375,671 N/A 2,375,671 2,375,671
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,034,258 N/A 1,034,258 1,034,258
S. Special Inventory 105,414 N/A 105,414 105,414
Subtotal 680,804,511 709,038,185 680,804,511
Less Total Deductions 136,756,208   142,514,656 136,756,208
Total Taxable Value 544,048,303 566,523,529 544,048,303 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
567,730,818 544,048,303 567,730,818 544,048,303


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,682,515 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
567,730,818 544,048,303 567,730,818 544,048,303

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