taxes Property Tax Assistance

2022 ISD Summary Worksheet

190-Rains/Rains County

190-903/Rains ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	596,151,222	0.8511	700,447,917	700,447,917
B - MULTIFAMILY	4,918,410	N/A	4,918,410	4,918,410
C1 - VACANT LOTS	15,317,971	N/A	15,317,971	15,317,971
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,432,654	0.9886	11,564,499	11,564,499
D2 - FARM & RANCH IMP	15,470,047	N/A	15,470,047	15,470,047
E - NON-AG LAND AND IMPROVEMENTS	411,738,253	0.8701	473,207,968	473,207,968
F1 - COMMERCIAL REAL	70,665,648	0.9734	72,596,721	72,596,721
F2 - INDUSTRIAL REAL	6,467,148	N/A	6,467,148	6,467,148
G - ALL MINERALS	6,708,990	N/A	6,708,990	6,708,990
J - ALL UTILITIES	26,340,032	N/A	26,340,032	26,340,032
L1 - COMMERCIAL PERSONAL	20,193,330	N/A	20,193,330	20,193,330
L2 - INDUSTRIAL PERSONAL	14,399,503	N/A	14,399,503	14,399,503
M1 - MOBILE HOMES	251,284	N/A	251,284	251,284
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	274,628	N/A	274,628	274,628
S - SPECIAL INVENTORY	114,828	N/A	114,828	114,828
Subtotal	1,200,443,948	0	1,368,273,276	1,368,273,276
Less Total Deductions	257,901,696	0	312,722,994	312,722,994
Total Taxable Value	942,542,252	0	1,055,550,282	1,055,550,282

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	T13
1,095,226,418	1,055,550,282	1,095,226,418	1,055,550,282	1,129,216,418

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
39,676,136	0	33,990,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
1,095,226,418	1,055,550,282	1,095,226,418	1,055,550,282	1,129,216,418

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

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	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	596,151,222	0.8511	700,447,917	700,447,917
B - MULTIFAMILY	4,918,410	N/A	4,918,410	4,918,410
C1 - VACANT LOTS	15,317,971	N/A	15,317,971	15,317,971
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,432,654	0.9886	11,564,499	11,564,499
D2 - FARM & RANCH IMP	15,470,047	N/A	15,470,047	15,470,047
E - NON-AG LAND AND IMPROVEMENTS	411,738,253	0.8701	473,207,968	473,207,968
F1 - COMMERCIAL REAL	70,665,648	0.9734	72,596,721	72,596,721
F2 - INDUSTRIAL REAL	6,467,148	N/A	6,467,148	6,467,148
G - ALL MINERALS	6,708,990	N/A	6,708,990	6,708,990
J - ALL UTILITIES	26,340,032	N/A	26,340,032	26,340,032
L1 - COMMERCIAL PERSONAL	20,193,330	N/A	20,193,330	20,193,330
L2 - INDUSTRIAL PERSONAL	14,399,503	N/A	14,399,503	14,399,503
M1 - MOBILE HOMES	251,284	N/A	251,284	251,284
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	274,628	N/A	274,628	274,628
S - SPECIAL INVENTORY	114,828	N/A	114,828	114,828
Subtotal	1,200,443,948		1,368,273,276	1,368,273,276
Less Total Deductions	257,901,696		312,722,994	312,722,994
Total Taxable Value	942,542,252		1,055,550,282	1,055,550,282

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	T13
1,095,226,418	1,055,550,282	1,095,226,418	1,055,550,282	1,129,216,418

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
39,676,136	0	33,990,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
1,095,226,418	1,055,550,282	1,095,226,418	1,055,550,282	1,129,216,418

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement