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 325,141,040 .9664 336,445,613 325,141,040
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) 12,812,536 1.3115 9,769,120 12,812,536
D2. Real Prop Farm & Ranch 12,980,703 N/A 12,980,703 12,980,703
E. Real Prop NonQual Acres 216,930,058 .9327 232,582,886 216,930,058
F1. Commercial Real 51,557,800 .9196 56,065,463 51,557,800
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 18,486,212 N/A 18,486,212 18,486,212
L2. Industrial Personal 8,371,094 N/A 8,371,094 8,371,094
M. Other Personal 2,359,029 N/A 2,359,029 2,359,029
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 683,321,912 711,743,560 683,321,912
Less Total Deductions 133,817,340   139,404,114 133,817,340
Total Taxable Value 549,504,572 572,339,446 549,504,572 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
572,757,741 549,504,572 572,757,741 549,504,572


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,253,169 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
572,757,741 549,504,572 572,757,741 549,504,572

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