taxes Property Tax Assistance

2019 ISD Summary Worksheet

190-Rains

190-903/Rains ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 387,066,715 0.9030 428,645,310 428,645,310
B. MULTIFAMILY RESIDENCES 4,387,467 N/A 4,387,467 4,387,467
C1. VACANT LOTS 13,072,946 N/A 13,072,946 13,072,946
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 11,588,537 1.2326 9,401,638 9,401,638
D2. REAL PROP:FARM & RANCH 17,387,647 N/A 17,387,647 17,387,647
E. REAL PROP NONQUAL ACREAGE 249,079,637 0.9036 275,652,542 275,652,542
F1. COMMERCIAL REAL 53,464,762 0.8958 59,683,816 59,683,816
F2. INDUSTRIAL REAL 5,016,241 N/A 5,016,241 5,016,241
G. OIL,GAS,MINERALS 179,340 N/A 179,340 179,340
J. UTILITIES 20,313,731 N/A 20,313,731 20,313,731
L1. COMMERCIAL PERSONAL 20,058,012 N/A 20,058,012 20,058,012
L2. INDUSTRIAL PERSONAL 13,164,686 N/A 13,164,686 13,164,686
M. MOBILE HOMES 2,282,868 N/A 2,282,868 2,282,868
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,015,180 N/A 1,015,180 1,015,180
S. SPECIAL INVENTORY 91,584 N/A 91,584 91,584
Subtotal 798,169,353 0 870,353,008 870,353,008
Less Total Deductions 160,066,549 0 181,622,501 181,622,501
Total Taxable Value 638,102,804 0 688,730,507 688,730,507

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
714,791,527 688,730,507 714,791,527 688,730,507


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
26,061,020 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
714,791,527 688,730,507 714,791,527 688,730,507

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)

190-903-02/Rains ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 387,066,715 0.9030 428,645,310 428,645,310
B. MULTIFAMILY RESIDENCES 4,387,467 N/A 4,387,467 4,387,467
C1. VACANT LOTS 13,072,946 N/A 13,072,946 13,072,946
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 11,588,537 1.2326 9,401,638 9,401,638
D2. REAL PROP:FARM & RANCH 17,387,647 N/A 17,387,647 17,387,647
E. REAL PROP NONQUAL ACREAGE 249,079,637 0.9036 275,652,542 275,652,542
F1. COMMERCIAL REAL 53,464,762 0.8958 59,683,816 59,683,816
F2. INDUSTRIAL REAL 5,016,241 N/A 5,016,241 5,016,241
G. OIL,GAS,MINERALS 179,340 N/A 179,340 179,340
J. UTILITIES 20,313,731 N/A 20,313,731 20,313,731
L1. COMMERCIAL PERSONAL 20,058,012 N/A 20,058,012 20,058,012
L2. INDUSTRIAL PERSONAL 13,164,686 N/A 13,164,686 13,164,686
M. MOBILE HOMES 2,282,868 N/A 2,282,868 2,282,868
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 1,015,180 N/A 1,015,180 1,015,180
S. SPECIAL INVENTORY 91,584 N/A 91,584 91,584
Subtotal 798,169,353 870,353,008 870,353,008
Less Total Deductions 160,066,549 181,622,501 181,622,501
Total Taxable Value 638,102,804 688,730,507 688,730,507

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
714,791,527 688,730,507 714,791,527 688,730,507


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
26,061,020 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
714,791,527 688,730,507 714,791,527 688,730,507

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