taxes Property Tax Assistance

2018 ISD Summary Worksheet

214/Starr

214-901/Rio Grande City CISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 525,588,458 .7807 673,227,178 673,227,178
B. Multi-Family Residences 27,297,060 N/A 27,297,060 27,297,060
C1. Vacant Lots 73,500,833 .6787 108,296,498 108,296,498
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 31,046,944 .8259 37,591,402 37,591,402
D2. Real Prop Farm & Ranch 552,750 N/A 552,750 552,750
E. Real Prop NonQual Acres 43,538,594 N/A 43,538,594 43,538,594
F1. Commercial Real 130,225,544 .8898 146,353,724 146,353,724
F2. Industrial Real 633,223,340 N/A 633,223,340 633,223,340
G. Oil, Gas, Minerals 181,546,060 1.0432 174,028,048 174,028,048
J. Utilities 244,782,780 .9438 259,358,741 259,358,741
L1. Commercial Personal 55,171,520 .9775 56,441,453 56,441,453
L2. Industrial Personal 13,883,480 N/A 13,883,480 13,883,480
M. Other Personal 2,121,650 N/A 2,121,650 2,121,650
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 5,815,770 N/A 5,815,770 5,815,770
Subtotal 1,968,294,783 2,181,729,688 2,181,729,688
Less Total Deductions 883,767,068   912,537,120 912,537,120
Total Taxable Value 1,084,527,715 1,269,192,568 1,269,192,568 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
1,326,179,166 1,269,192,568 1,326,179,166 1,269,192,568


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
56,986,598 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
1,999,181,543 1,942,194,945 1,999,181,543 1,942,194,945

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

did not exceed the state value and:

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)