taxes Property Tax Assistance

2023 ISD Summary Worksheet

245-Willacy/Willacy County

245-903/Raymondville ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 170,955,420 0.6820 250,667,771 250,667,771
B - MULTIFAMILY 645,744 N/A 645,744 645,744
C1 - VACANT LOTS 6,334,878 N/A 6,334,878 6,334,878
C2 - COLONIA LOTS 1,351,774 N/A 1,351,774 1,351,774
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,807,866 0.9815 15,087,538 15,087,538
D2 - FARM & RANCH IMP 543,564 N/A 543,564 543,564
E - NON-AG LAND AND IMPROVEMENTS 29,332,193 0.6552 44,768,304 44,768,304
F1 - COMMERCIAL REAL 87,905,634 0.8007 109,785,980 109,785,980
F2 - INDUSTRIAL REAL 1,791,420 N/A 1,791,420 1,791,420
G - ALL MINERALS 15,710,320 N/A 15,710,320 15,710,320
J - ALL UTILITIES 112,030,932 0.9778 114,574,486 114,574,486
L1 - COMMERCIAL PERSONAL 24,977,342 N/A 24,977,342 24,977,342
L2 - INDUSTRIAL PERSONAL 2,393,017 N/A 2,393,017 2,393,017
M1 - MOBILE HOMES 1,442,239 N/A 1,442,239 1,442,239
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,091,089 N/A 1,091,089 1,091,089
Subtotal 471,313,432 0 591,165,466 591,165,466
Less Total Deductions 101,617,343 0 127,308,877 127,308,877
Total Taxable Value 369,696,089 0 463,856,589 463,856,589

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

Measure Value Description
T1 487,215,452 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 463,856,589 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 487,215,452 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 463,856,589 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 511,110,452 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 527,040,452 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 463,856,589 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 487,215,452 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 463,856,589 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 487,215,452 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 463,856,589 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 511,110,452 T13 plus the loss to the chapter 313 agreement
T16 527,040,452 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 463,856,589 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 23,358,863 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 23,895,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 15,930,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE THE APPRAISAL DISTRICT FAILED THEIR MOST RECENT MAP, YOUR SCHOOL DISTRICT'S VALUES ARE BELOW THE 90% CUTOFF, AND YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE

245-903-02/Raymondville ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 170,955,420 0.6820 250,667,771 250,667,771
B - MULTIFAMILY 645,744 N/A 645,744 645,744
C1 - VACANT LOTS 6,334,878 N/A 6,334,878 6,334,878
C2 - COLONIA LOTS 1,351,774 N/A 1,351,774 1,351,774
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,807,866 0.9815 15,087,538 15,087,538
D2 - FARM & RANCH IMP 543,564 N/A 543,564 543,564
E - NON-AG LAND AND IMPROVEMENTS 29,332,193 0.6552 44,768,304 44,768,304
F1 - COMMERCIAL REAL 87,905,634 0.8007 109,785,980 109,785,980
F2 - INDUSTRIAL REAL 1,791,420 N/A 1,791,420 1,791,420
G - ALL MINERALS 15,710,320 N/A 15,710,320 15,710,320
J - ALL UTILITIES 112,030,932 0.9778 114,574,486 114,574,486
L1 - COMMERCIAL PERSONAL 24,977,342 N/A 24,977,342 24,977,342
L2 - INDUSTRIAL PERSONAL 2,393,017 N/A 2,393,017 2,393,017
M1 - MOBILE HOMES 1,442,239 N/A 1,442,239 1,442,239
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,091,089 N/A 1,091,089 1,091,089
Subtotal 471,313,432 591,165,466 591,165,466
Less Total Deductions 101,617,343 127,308,877 127,308,877
Total Taxable Value 369,696,089 463,856,589 463,856,589

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

Measure Value Description
T1 487,215,452 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 463,856,589 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 487,215,452 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 463,856,589 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 511,110,452 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 527,040,452 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 463,856,589 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 487,215,452 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 463,856,589 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 487,215,452 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 463,856,589 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 511,110,452 T13 plus the loss to the chapter 313 agreement
T16 527,040,452 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 463,856,589 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 23,358,863 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 23,895,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 15,930,000 Loss to Second Previous Homestead Increase