taxes Property Tax Assistance

2022 ISD Summary Worksheet

240-Webb /Webb County

240-901/Laredo ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 1,894,260,989 N/A 1,894,260,989 1,894,260,989
B - MULTIFAMILY 281,234,500 N/A 281,234,500 281,234,500
C1 - VACANT LOTS 49,402,161 N/A 49,402,161 49,402,161
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 537 N/A 537 537
D2 - FARM & RANCH IMP 16,334 N/A 16,334 16,334
E - NON-AG LAND AND IMPROVEMENTS 90,298 N/A 90,298 90,298
F1 - COMMERCIAL REAL 939,716,458 N/A 939,716,458 939,716,458
F2 - INDUSTRIAL REAL 909,972 N/A 909,972 909,972
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 109,332,146 N/A 109,332,146 109,332,146
L1 - COMMERCIAL PERSONAL 195,648,378 N/A 195,648,378 195,648,378
L2 - INDUSTRIAL PERSONAL 865,100 N/A 865,100 865,100
M1 - MOBILE HOMES 8,963,092 N/A 8,963,092 8,963,092
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 9,384,335 N/A 9,384,335 9,384,335
Subtotal 3,489,824,300 0 3,489,824,300 3,489,824,300
Less Total Deductions 586,183,605 0 586,183,605 586,183,605
Total Taxable Value 2,903,640,695 0 2,903,640,695 2,903,640,695

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
3,018,699,737 2,903,640,695 2,970,346,111 2,855,287,069 3,111,219,737


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
115,059,042 48,353,626 92,520,000


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
3,018,699,737 2,903,640,695 2,970,346,111 2,855,287,069 3,111,219,737

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

240-901-02/Laredo ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 1,894,260,989 N/A 1,894,260,989 1,894,260,989
B - MULTIFAMILY 281,234,500 N/A 281,234,500 281,234,500
C1 - VACANT LOTS 49,402,161 N/A 49,402,161 49,402,161
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 537 N/A 537 537
D2 - FARM & RANCH IMP 16,334 N/A 16,334 16,334
E - NON-AG LAND AND IMPROVEMENTS 90,298 N/A 90,298 90,298
F1 - COMMERCIAL REAL 939,716,458 N/A 939,716,458 939,716,458
F2 - INDUSTRIAL REAL 909,972 N/A 909,972 909,972
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 109,332,146 N/A 109,332,146 109,332,146
L1 - COMMERCIAL PERSONAL 195,648,378 N/A 195,648,378 195,648,378
L2 - INDUSTRIAL PERSONAL 865,100 N/A 865,100 865,100
M1 - MOBILE HOMES 8,963,092 N/A 8,963,092 8,963,092
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 9,384,335 N/A 9,384,335 9,384,335
Subtotal 3,489,824,300 3,489,824,300 3,489,824,300
Less Total Deductions 586,183,605 586,183,605 586,183,605
Total Taxable Value 2,903,640,695 2,903,640,695 2,903,640,695

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
3,018,699,737 2,903,640,695 2,970,346,111 2,855,287,069 3,111,219,737


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
115,059,042 48,353,626 92,520,000


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
3,018,699,737 2,903,640,695 2,970,346,111 2,855,287,069 3,111,219,737

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