taxes Property Tax Assistance

2017 ISD Summary Worksheet

240/Webb

240-901/Laredo ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 1,372,610,306 .9239 1,485,669,776 1,372,610,306
B. Multi-Family Residences 189,093,029 .9628 196,399,075 189,093,029
C1. Vacant Lots 39,092,921 N/A 39,092,921 39,092,921
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 460 .6571 700 460
D2. Real Prop Farm & Ranch 12,060 N/A 12,060 12,060
E. Real Prop NonQual Acres 37,840 N/A 37,840 37,840
F1. Commercial Real 746,870,877 .9950 750,623,997 746,870,877
F2. Industrial Real 1,177,190 N/A 1,177,190 1,177,190
G. Oil, Gas, Minerals 11,170 N/A 11,170 11,170
J. Utilities 82,722,510 N/A 82,722,510 82,722,510
L1. Commercial Personal 186,754,074 1.0008 186,604,790 186,754,074
L2. Industrial Personal 5,084,140 N/A 5,084,140 5,084,140
M. Other Personal 9,814,009 N/A 9,814,009 9,814,009
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 176,570 N/A 176,570 176,570
S. Special Inventory 7,536,570 N/A 7,536,570 7,536,570
Subtotal 2,640,993,726 2,764,963,318 2,640,993,726
Less Total Deductions 391,588,968   426,558,157 391,588,968
Total Taxable Value 2,249,404,758 2,338,405,161 2,249,404,758 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
2,334,553,959 2,249,404,758 2,297,062,363 2,211,913,162


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
85,149,201 37,491,596


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
2,334,553,959 2,249,404,758 2,297,062,363 2,211,913,162

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 local value to be valid, and local value was certified