taxes Property Tax Assistance

2021 ISD Summary Worksheet

240-Webb /Webb County

240-901/Laredo ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 1,609,604,271 0.9953 1,617,205,135 1,609,604,271
B - MULTIFAMILY 239,597,552 0.9259 258,772,602 239,597,552
C1 - VACANT LOTS 42,645,555 N/A 42,645,555 42,645,555
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 497 0.8228 604 497
D2 - FARM & RANCH IMP 15,460 N/A 15,460 15,460
E - NON-AG LAND AND IMPROVEMENTS 77,442 N/A 77,442 77,442
F1 - COMMERCIAL REAL 788,280,115 0.9295 848,068,978 788,280,115
F2 - INDUSTRIAL REAL 771,636 N/A 771,636 771,636
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 105,296,914 N/A 105,296,914 105,296,914
L1 - COMMERCIAL PERSONAL 199,208,836 1.0021 198,791,374 199,208,836
L2 - INDUSTRIAL PERSONAL 1,483,280 N/A 1,483,280 1,483,280
M1 - MOBILE HOMES 7,928,652 N/A 7,928,652 7,928,652
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 7,727,374 N/A 7,727,374 7,727,374
Subtotal 3,002,637,584 0 3,088,785,006 3,002,637,584
Less Total Deductions 435,190,779 0 437,221,914 435,190,779
Total Taxable Value 2,567,446,805 0 2,651,563,092 2,567,446,805

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
2,648,122,621 2,567,446,805 2,605,675,575 2,524,999,759


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
80,675,816 42,447,046


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
2,648,122,621 2,567,446,805 2,605,675,575 2,524,999,759

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

240-901-02/Laredo ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 1,609,604,271 0.9953 1,617,205,135 1,609,604,271
B - MULTIFAMILY 239,597,552 0.9259 258,772,602 239,597,552
C1 - VACANT LOTS 42,645,555 N/A 42,645,555 42,645,555
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 497 0.8228 604 497
D2 - FARM & RANCH IMP 15,460 N/A 15,460 15,460
E - NON-AG LAND AND IMPROVEMENTS 77,442 N/A 77,442 77,442
F1 - COMMERCIAL REAL 788,280,115 0.9295 848,068,978 788,280,115
F2 - INDUSTRIAL REAL 771,636 N/A 771,636 771,636
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 105,296,914 N/A 105,296,914 105,296,914
L1 - COMMERCIAL PERSONAL 199,208,836 1.0021 198,791,374 199,208,836
L2 - INDUSTRIAL PERSONAL 1,483,280 N/A 1,483,280 1,483,280
M1 - MOBILE HOMES 7,928,652 N/A 7,928,652 7,928,652
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 7,727,374 N/A 7,727,374 7,727,374
Subtotal 3,002,637,584 3,088,785,006 3,002,637,584
Less Total Deductions 435,190,779 437,221,914 435,190,779
Total Taxable Value 2,567,446,805 2,651,563,092 2,567,446,805

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
2,648,122,621 2,567,446,805 2,605,675,575 2,524,999,759


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
80,675,816 42,447,046


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
2,648,122,621 2,567,446,805 2,605,675,575 2,524,999,759

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