taxes Property Tax Assistance

2023 ISD Summary Worksheet

031-Cameron/Cameron County

031-905/La Feria ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 639,200,765 0.9744 655,994,217 639,200,765
B - MULTIFAMILY 16,745,547 N/A 16,745,547 16,745,547
C1 - VACANT LOTS 41,595,412 N/A 41,595,412 41,595,412
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,244,818 1.0489 5,000,081 5,244,818
D2 - FARM & RANCH IMP 643,004 N/A 643,004 643,004
E - NON-AG LAND AND IMPROVEMENTS 142,200,110 0.9760 145,696,834 142,200,110
F1 - COMMERCIAL REAL 85,568,361 0.8918 95,950,169 85,568,361
F2 - INDUSTRIAL REAL 1,696,005 N/A 1,696,005 1,696,005
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 19,693,082 N/A 19,693,082 19,693,082
L1 - COMMERCIAL PERSONAL 50,716,199 1.0522 48,200,151 50,716,199
L2 - INDUSTRIAL PERSONAL 14,784,029 N/A 14,784,029 14,784,029
M1 - MOBILE HOMES 3,027,496 N/A 3,027,496 3,027,496
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,764,523 N/A 3,764,523 3,764,523
S - SPECIAL INVENTORY 1,791,408 N/A 1,791,408 1,791,408
Subtotal 1,026,670,759 0 1,054,581,958 1,026,670,759
Less Total Deductions 368,433,700 0 375,018,802 368,433,700
Total Taxable Value 658,237,059 0 679,563,156 658,237,059

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

Measure Value Description
T1 740,163,076 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 658,237,059 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 740,163,076 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 658,237,059 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 781,683,076 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 809,363,076 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 668,422,485 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 740,163,076 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 658,237,059 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 740,163,076 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 658,237,059 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 781,683,076 T13 plus the loss to the chapter 313 agreement
T16 809,363,076 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 668,422,485 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 81,926,017 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 41,520,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 27,680,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

031-905-02/La Feria ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 639,200,765 0.9744 655,994,217 639,200,765
B - MULTIFAMILY 16,745,547 N/A 16,745,547 16,745,547
C1 - VACANT LOTS 41,595,412 N/A 41,595,412 41,595,412
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,244,818 1.0489 5,000,081 5,244,818
D2 - FARM & RANCH IMP 643,004 N/A 643,004 643,004
E - NON-AG LAND AND IMPROVEMENTS 142,200,110 0.9760 145,696,834 142,200,110
F1 - COMMERCIAL REAL 85,568,361 0.8918 95,950,169 85,568,361
F2 - INDUSTRIAL REAL 1,696,005 N/A 1,696,005 1,696,005
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 19,693,082 N/A 19,693,082 19,693,082
L1 - COMMERCIAL PERSONAL 50,716,199 1.0522 48,200,151 50,716,199
L2 - INDUSTRIAL PERSONAL 14,784,029 N/A 14,784,029 14,784,029
M1 - MOBILE HOMES 3,027,496 N/A 3,027,496 3,027,496
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 3,764,523 N/A 3,764,523 3,764,523
S - SPECIAL INVENTORY 1,791,408 N/A 1,791,408 1,791,408
Subtotal 1,026,670,759 1,054,581,958 1,026,670,759
Less Total Deductions 368,433,700 375,018,802 368,433,700
Total Taxable Value 658,237,059 679,563,156 658,237,059

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

Measure Value Description
T1 740,163,076 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 658,237,059 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 740,163,076 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 658,237,059 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 781,683,076 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 809,363,076 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 668,422,485 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 740,163,076 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 658,237,059 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 740,163,076 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 658,237,059 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 781,683,076 T13 plus the loss to the chapter 313 agreement
T16 809,363,076 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 668,422,485 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 81,926,017 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 41,520,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 27,680,000 Loss to Second Previous Homestead Increase