taxes Property Tax Assistance

2016 ISD Summary Worksheet

031/Cameron

031-913/Santa Maria ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 31,290,205 .9102 34,377,285 31,290,205
B. Multi-Family Residences 24,171 N/A 24,171 24,171
C1. Vacant Lots 3,943,996 1.0951 3,601,494 3,943,996
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,417,606 1.0642 5,090,831 5,417,606
D2. Real Prop Farm & Ranch 43,579 N/A 43,579 43,579
E. Real Prop NonQual Acres 5,231,851 .8664 6,038,609 5,231,851
F1. Commercial Real 1,128,434 N/A 1,128,434 1,128,434
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 13,408,048 1.0462 12,815,951 13,408,048
L1. Commercial Personal 306,866 N/A 306,866 306,866
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 60,794,756 63,427,220 60,794,756
Less Total Deductions 9,457,219   10,027,079 9,457,219
Total Taxable Value 51,337,537 53,400,141 51,337,537 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
53,413,337 51,337,537 53,413,337 51,337,537


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,075,800 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
53,413,337 51,337,537 53,413,337 51,337,537

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 invalid, but local value was certified because your school district is in year one of the grace period.