taxes Property Tax Assistance

2022 ISD Summary Worksheet

137-Kleberg /Kleberg County

137-902/Ricardo ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 133,285,425 0.8337 159,872,166 133,285,425
B - MULTIFAMILY 109,550 N/A 109,550 109,550
C1 - VACANT LOTS 10,590,845 N/A 10,590,845 10,590,845
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,213,754 0.9434 6,586,844 6,213,754
D2 - FARM & RANCH IMP 2,073,350 N/A 2,073,350 2,073,350
E - NON-AG LAND AND IMPROVEMENTS 86,959,316 0.9962 87,291,022 86,959,316
F1 - COMMERCIAL REAL 6,183,410 N/A 6,183,410 6,183,410
F2 - INDUSTRIAL REAL 939,670 N/A 939,670 939,670
G - ALL MINERALS 1,394,325 N/A 1,394,325 1,394,325
J - ALL UTILITIES 38,683,027 0.9901 39,069,818 38,683,027
L1 - COMMERCIAL PERSONAL 5,133,370 N/A 5,133,370 5,133,370
L2 - INDUSTRIAL PERSONAL 5,875,290 N/A 5,875,290 5,875,290
M1 - MOBILE HOMES 1,746,135 N/A 1,746,135 1,746,135
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 744,720 N/A 744,720 744,720
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 299,932,187 0 327,610,515 299,932,187
Less Total Deductions 58,073,772 0 68,537,721 58,073,772
Total Taxable Value 241,858,415 0 259,072,794 241,858,415

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 T13
252,852,234 241,858,415 252,852,234 241,858,415 262,802,234


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
10,993,819 0 9,950,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
252,852,234 241,858,415 252,852,234 241,858,415 262,802,234

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

137-902-02/Ricardo ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 133,285,425 0.8337 159,872,166 133,285,425
B - MULTIFAMILY 109,550 N/A 109,550 109,550
C1 - VACANT LOTS 10,590,845 N/A 10,590,845 10,590,845
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,213,754 0.9434 6,586,844 6,213,754
D2 - FARM & RANCH IMP 2,073,350 N/A 2,073,350 2,073,350
E - NON-AG LAND AND IMPROVEMENTS 86,959,316 0.9962 87,291,022 86,959,316
F1 - COMMERCIAL REAL 6,183,410 N/A 6,183,410 6,183,410
F2 - INDUSTRIAL REAL 939,670 N/A 939,670 939,670
G - ALL MINERALS 1,394,325 N/A 1,394,325 1,394,325
J - ALL UTILITIES 38,683,027 0.9901 39,069,818 38,683,027
L1 - COMMERCIAL PERSONAL 5,133,370 N/A 5,133,370 5,133,370
L2 - INDUSTRIAL PERSONAL 5,875,290 N/A 5,875,290 5,875,290
M1 - MOBILE HOMES 1,746,135 N/A 1,746,135 1,746,135
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 744,720 N/A 744,720 744,720
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 299,932,187 327,610,515 299,932,187
Less Total Deductions 58,073,772 68,537,721 58,073,772
Total Taxable Value 241,858,415 259,072,794 241,858,415

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 T13
252,852,234 241,858,415 252,852,234 241,858,415 262,802,234


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
10,993,819 0 9,950,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
252,852,234 241,858,415 252,852,234 241,858,415 262,802,234

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement