taxes Property Tax Assistance

2022 ISD Summary Worksheet

231-Upton /Upton County

231-902/Rankin ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 20,266,464 N/A 20,266,464 20,266,464
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 239,468 N/A 239,468 239,468
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,837,597 0.7831 3,623,627 2,837,597
D2 - FARM & RANCH IMP 1,968,248 N/A 1,968,248 1,968,248
E - NON-AG LAND AND IMPROVEMENTS 24,884,345 N/A 24,884,345 24,884,345
F1 - COMMERCIAL REAL 3,677,453 N/A 3,677,453 3,677,453
F2 - INDUSTRIAL REAL 704,818,717 N/A 704,818,717 704,818,717
G - ALL MINERALS 11,288,100,717 1.0045 11,237,531,824 11,288,100,717
J - ALL UTILITIES 1,054,101,108 0.8982 1,173,570,595 1,054,101,108
L1 - COMMERCIAL PERSONAL 3,141,218 N/A 3,141,218 3,141,218
L2 - INDUSTRIAL PERSONAL 53,040,490 N/A 53,040,490 53,040,490
M1 - MOBILE HOMES 1,169,182 N/A 1,169,182 1,169,182
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 13,158,245,007 0 13,227,931,631 13,158,245,007
Less Total Deductions 431,435,257 0 431,435,257 431,435,257
Total Taxable Value 12,726,809,750 0 12,796,496,374 12,726,809,750

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
12,728,922,483 12,726,809,750 12,728,922,483 12,726,809,750 12,731,182,483


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
2,112,733 0 2,260,000


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
13,119,069,833 13,116,957,100 13,119,069,833 13,116,957,100 13,121,329,833

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 LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

231-902-02/Rankin ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 20,266,464 N/A 20,266,464 20,266,464
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 239,468 N/A 239,468 239,468
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,837,597 0.7831 3,623,627 2,837,597
D2 - FARM & RANCH IMP 1,968,248 N/A 1,968,248 1,968,248
E - NON-AG LAND AND IMPROVEMENTS 24,884,345 N/A 24,884,345 24,884,345
F1 - COMMERCIAL REAL 3,677,453 N/A 3,677,453 3,677,453
F2 - INDUSTRIAL REAL 704,818,717 N/A 704,818,717 704,818,717
G - ALL MINERALS 11,288,100,717 1.0045 11,237,531,824 11,288,100,717
J - ALL UTILITIES 1,054,101,108 0.8982 1,173,570,595 1,054,101,108
L1 - COMMERCIAL PERSONAL 3,141,218 N/A 3,141,218 3,141,218
L2 - INDUSTRIAL PERSONAL 53,040,490 N/A 53,040,490 53,040,490
M1 - MOBILE HOMES 1,169,182 N/A 1,169,182 1,169,182
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 13,158,245,007 13,227,931,631 13,158,245,007
Less Total Deductions 431,435,257 431,435,257 431,435,257
Total Taxable Value 12,726,809,750 12,796,496,374 12,726,809,750

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
12,728,922,483 12,726,809,750 12,728,922,483 12,726,809,750 12,731,182,483


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
2,112,733 0 2,260,000


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
13,119,069,833 13,116,957,100 13,119,069,833 13,116,957,100 13,121,329,833

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