taxes Property Tax Assistance

2018 ISD Summary Worksheet

240/Webb

240-901/Laredo ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,455,734,816 N/A 1,455,734,816 1,455,734,816
B. Multi-Family Residences 210,175,511 N/A 210,175,511 210,175,511
C1. Vacant Lots 41,672,578 N/A 41,672,578 41,672,578
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 460 N/A 460 460
D2. Real Prop Farm & Ranch 13,190 N/A 13,190 13,190
E. Real Prop NonQual Acres 72,250 N/A 72,250 72,250
F1. Commercial Real 782,547,046 N/A 782,547,046 782,547,046
F2. Industrial Real 1,258,940 N/A 1,258,940 1,258,940
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 97,448,710 N/A 97,448,710 97,448,710
L1. Commercial Personal 204,098,091 N/A 204,098,091 204,098,091
L2. Industrial Personal 4,541,900 N/A 4,541,900 4,541,900
M. Other Personal 9,174,880 N/A 9,174,880 9,174,880
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 103,230 N/A 103,230 103,230
S. Special Inventory 6,833,790 N/A 6,833,790 6,833,790
Subtotal 2,813,675,392 2,813,675,392 2,813,675,392
Less Total Deductions 423,812,703   423,812,703 423,812,703
Total Taxable Value 2,389,862,689 2,389,862,689 2,389,862,689 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
2,473,514,817 2,389,862,689 2,434,228,448 2,350,576,320


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
83,652,128 39,286,369


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
2,473,514,817 2,389,862,689 2,434,228,448 2,350,576,320

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