taxes Property Tax Assistance

2016 ISD Summary Worksheet

190/Rains

190-903/Rains ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 271,250,889 .9302 291,604,912 291,604,912
B. Multi-Family Residences 2,636,523 N/A 2,636,523 2,636,523
C1. Vacant Lots 12,873,523 N/A 12,873,523 12,873,523
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,726,800 1.4301 8,899,024 8,899,024
D2. Real Prop Farm & Ranch 11,862,722 N/A 11,862,722 11,862,722
E. Real Prop NonQual Acres 178,637,304 .8190 218,116,366 218,116,366
F1. Commercial Real 48,587,329 .9192 52,858,278 52,858,278
F2. Industrial Real 912,074 N/A 912,074 912,074
G. Oil, Gas, Minerals 11,019,274 N/A 11,019,274 11,019,274
J. Utilities 13,355,582 N/A 13,355,582 13,355,582
L1. Commercial Personal 17,726,217 N/A 17,726,217 17,726,217
L2. Industrial Personal 8,000,551 N/A 8,000,551 8,000,551
M. Other Personal 1,858,806 N/A 1,858,806 1,858,806
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 906,131 N/A 906,131 906,131
S. Special Inventory 157,523 N/A 157,523 157,523
Subtotal 592,511,248 652,787,506 652,787,506
Less Total Deductions 101,946,505   111,682,009 111,682,009
Total Taxable Value 490,564,743 541,105,497 541,105,497 T2

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
563,808,560 541,105,497 563,808,560 541,105,497


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,703,063 0


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
563,808,560 541,105,497 563,808,560 541,105,497

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 taxable value to be invalid, and state value was certified because your local value:

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)