taxes Property Tax Assistance

2017 ISD Summary Worksheet

245/Willacy

245-903/Raymondville ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 111,601,112 .9450 118,096,415 111,601,112
B. Multi-Family Residences 565,221 N/A 565,221 565,221
C1. Vacant Lots 5,375,758 N/A 5,375,758 5,375,758
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,530,185 .9214 15,769,655 14,530,185
D2. Real Prop Farm & Ranch 1,712,780 N/A 1,712,780 1,712,780
E. Real Prop NonQual Acres 23,543,856 .8953 26,297,170 23,543,856
F1. Commercial Real 69,441,558 1.0198 68,093,310 69,441,558
F2. Industrial Real 1,545,771 N/A 1,545,771 1,545,771
G. Oil, Gas, Minerals 26,367,340 1.0022 26,309,459 26,367,340
J. Utilities 106,813,733 .9969 107,145,885 106,813,733
L1. Commercial Personal 20,336,612 .9834 20,679,898 20,336,612
L2. Industrial Personal 4,017,417 N/A 4,017,417 4,017,417
M. Other Personal 1,679,720 N/A 1,679,720 1,679,720
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 673,907 N/A 673,907 673,907
Subtotal 388,204,970 397,962,366 388,204,970
Less Total Deductions 123,259,724   125,614,661 123,259,724
Total Taxable Value 264,945,246 272,347,705 264,945,246 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
278,984,424 264,945,246 278,984,424 264,945,246


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,039,178 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
345,570,424 331,531,246 345,570,424 331,531,246

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