taxes Property Tax Assistance

2016 ISD Summary Worksheet

031/Cameron

031-905/La Feria ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 279,699,348 .9483 294,948,168 279,699,348
B. Multi-Family Residences 9,165,577 N/A 9,165,577 9,165,577
C1. Vacant Lots 20,629,081 .9557 21,585,310 20,629,081
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,368,623 1.0922 4,915,344 5,368,623
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 60,019,767 .9564 62,755,925 60,019,767
F1. Commercial Real 52,860,411 1.0087 52,404,492 52,860,411
F2. Industrial Real 1,035,437 N/A 1,035,437 1,035,437
G. Oil, Gas, Minerals 2,535 N/A 2,535 2,535
J. Utilities 17,321,890 N/A 17,321,890 17,321,890
L1. Commercial Personal 33,505,649 .9840 34,050,456 33,505,649
L2. Industrial Personal 4,885,567 N/A 4,885,567 4,885,567
M. Other Personal 3,174,209 N/A 3,174,209 3,174,209
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 527,907 N/A 527,907 527,907
S. Special Inventory 681,014 N/A 681,014 681,014
Subtotal 488,877,015 507,453,831 488,877,015
Less Total Deductions 91,696,091   95,748,467 91,696,091
Total Taxable Value 397,180,924 411,705,364 397,180,924 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
414,452,194 397,180,924 414,452,194 397,180,924


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
17,271,270 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
414,452,194 397,180,924 414,452,194 397,180,924

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