taxes Property Tax Assistance

2017 ISD Summary Worksheet

214/Starr

214-901/Rio Grande City CISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 478,292,425 .7330 652,513,540 652,513,540
B. Multi-Family Residences 21,695,610 N/A 21,695,610 21,695,610
C1. Vacant Lots 66,622,390 .7115 93,636,528 93,636,528
C2. Colonia Lots 76,390 N/A 76,390 76,390
D1. Rural Real(Taxable) 31,053,840 .8476 36,638,108 36,638,108
D2. Real Prop Farm & Ranch 469,820 N/A 469,820 469,820
E. Real Prop NonQual Acres 36,253,480 N/A 36,253,480 36,253,480
F1. Commercial Real 129,814,000 .9689 133,980,803 133,980,803
F2. Industrial Real 726,033,340 N/A 726,033,340 726,033,340
G. Oil, Gas, Minerals 168,093,240 1.0274 163,610,317 163,610,317
J. Utilities 177,675,120 1.0280 172,835,720 172,835,720
L1. Commercial Personal 60,859,173 .9589 63,467,695 63,467,695
L2. Industrial Personal 17,529,930 N/A 17,529,930 17,529,930
M. Other Personal 1,951,550 N/A 1,951,550 1,951,550
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 6,467,540 N/A 6,467,540 6,467,540
Subtotal 1,922,887,848 2,127,160,371 2,127,160,371
Less Total Deductions 901,360,517   915,073,464 915,073,464
Total Taxable Value 1,021,527,331 1,212,086,907 1,212,086,907 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
1,265,167,807 1,212,086,907 1,265,167,807 1,212,086,907


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
53,080,900 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
1,970,977,777 1,917,896,877 1,970,977,777 1,917,896,877

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

did not exceed the state value and:

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)