taxes Property Tax Assistance

2020 ISD Summary Worksheet

031-Cameron /Cameron County

031-909/Point Isabel ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 2,760,623,609 0.9698 2,846,590,647 2,760,623,609
B - MULTIFAMILY 169,838,986 N/A 169,838,986 169,838,986
C1 - VACANT LOTS 200,480,529 0.9871 203,100,526 200,480,529
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,009,838 1.0687 944,894 1,009,838
D2 - FARM & RANCH IMP 8,099 N/A 8,099 8,099
E - NON-AG LAND AND IMPROVEMENTS 46,670,288 N/A 46,670,288 46,670,288
F1 - COMMERCIAL REAL 466,465,624 0.9159 509,297,548 466,465,624
F2 - INDUSTRIAL REAL 112,555,262 N/A 112,555,262 112,555,262
G - ALL MINERALS 1,000 N/A 1,000 1,000
J - ALL UTILITIES 79,432,205 N/A 79,432,205 79,432,205
L1 - COMMERCIAL PERSONAL 91,701,282 N/A 91,701,282 91,701,282
L2 - INDUSTRIAL PERSONAL 212,861,437 N/A 212,861,437 212,861,437
M1 - MOBILE HOMES 1,945,956 N/A 1,945,956 1,945,956
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 7,841,218 N/A 7,841,218 7,841,218
S - SPECIAL INVENTORY 187,470 N/A 187,470 187,470
Subtotal 4,151,622,803 0 4,282,976,818 4,151,622,803
Less Total Deductions 167,848,116 0 178,105,916 167,848,116
Total Taxable Value 3,983,774,687 0 4,104,870,902 3,983,774,687

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
4,006,390,555 3,983,774,687 4,006,390,555 3,983,774,687


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,615,868 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
4,006,390,555 3,983,774,687 4,006,390,555 3,983,774,687

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

031-909-02/Point Isabel ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 2,760,623,609 0.9698 2,846,590,647 2,760,623,609
B - MULTIFAMILY 169,838,986 N/A 169,838,986 169,838,986
C1 - VACANT LOTS 200,480,529 0.9871 203,100,526 200,480,529
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,009,838 1.0687 944,894 1,009,838
D2 - FARM & RANCH IMP 8,099 N/A 8,099 8,099
E - NON-AG LAND AND IMPROVEMENTS 46,670,288 N/A 46,670,288 46,670,288
F1 - COMMERCIAL REAL 466,465,624 0.9159 509,297,548 466,465,624
F2 - INDUSTRIAL REAL 112,555,262 N/A 112,555,262 112,555,262
G - ALL MINERALS 1,000 N/A 1,000 1,000
J - ALL UTILITIES 79,432,205 N/A 79,432,205 79,432,205
L1 - COMMERCIAL PERSONAL 91,701,282 N/A 91,701,282 91,701,282
L2 - INDUSTRIAL PERSONAL 212,861,437 N/A 212,861,437 212,861,437
M1 - MOBILE HOMES 1,945,956 N/A 1,945,956 1,945,956
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 7,841,218 N/A 7,841,218 7,841,218
S - SPECIAL INVENTORY 187,470 N/A 187,470 187,470
Subtotal 4,151,622,803 4,282,976,818 4,151,622,803
Less Total Deductions 167,848,116 178,105,916 167,848,116
Total Taxable Value 3,983,774,687 4,104,870,902 3,983,774,687

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
4,006,390,555 3,983,774,687 4,006,390,555 3,983,774,687


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
22,615,868 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
4,006,390,555 3,983,774,687 4,006,390,555 3,983,774,687

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