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 387,959,117 0.8993 431,401,220 431,401,220
B. MULTIFAMILY RESIDENCES 4,387,467 N/A 4,387,467 4,387,467
C1. VACANT LOTS 13,062,634 N/A 13,062,634 13,062,634
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 12,168,031 1.2229 9,950,335 9,950,335
D2. REAL PROP:FARM & RANCH 17,768,441 N/A 17,768,441 17,768,441
E. REAL PROP NONQUAL ACREAGE 249,796,209 0.8977 278,262,459 278,262,459
F1. COMMERCIAL REAL 55,102,891 0.8373 65,810,213 65,810,213
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 20,391,882 N/A 20,391,882 20,391,882
L2. INDUSTRIAL PERSONAL 13,164,686 N/A 13,164,686 13,164,686
M. MOBILE HOMES 2,363,882 N/A 2,363,882 2,363,882
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 802,781,316 0 883,179,295 883,179,295
Less Total Deductions 156,739,323 0 178,475,370 178,475,370
Total Taxable Value 646,041,993 0 704,703,925 704,703,925

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
730,543,460 704,703,925 730,543,460 704,703,925


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
25,839,535 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
730,543,460 704,703,925 730,543,460 704,703,925

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 387,959,117 0.8993 431,401,220 431,401,220
B. MULTIFAMILY RESIDENCES 4,387,467 N/A 4,387,467 4,387,467
C1. VACANT LOTS 13,062,634 N/A 13,062,634 13,062,634
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 12,168,031 1.2229 9,950,335 9,950,335
D2. REAL PROP:FARM & RANCH 17,768,441 N/A 17,768,441 17,768,441
E. REAL PROP NONQUAL ACREAGE 249,796,209 0.8977 278,262,459 278,262,459
F1. COMMERCIAL REAL 55,102,891 0.8373 65,810,213 65,810,213
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 20,391,882 N/A 20,391,882 20,391,882
L2. INDUSTRIAL PERSONAL 13,164,686 N/A 13,164,686 13,164,686
M. MOBILE HOMES 2,363,882 N/A 2,363,882 2,363,882
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 802,781,316 883,179,295 883,179,295
Less Total Deductions 156,739,323 178,475,370 178,475,370
Total Taxable Value 646,041,993 704,703,925 704,703,925

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
730,543,460 704,703,925 730,543,460 704,703,925


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
25,839,535 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
730,543,460 704,703,925 730,543,460 704,703,925

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