taxes Property Tax Assistance

2018 ISD Summary Worksheet

031/Cameron

031-905/La Feria ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 296,250,344 .9749 303,877,674 296,250,344
B. Multi-Family Residences 9,049,222 N/A 9,049,222 9,049,222
C1. Vacant Lots 19,155,603 N/A 19,155,603 19,155,603
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,468,008 1.1066 4,941,246 5,468,008
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 61,590,451 1.0302 59,784,946 61,590,451
F1. Commercial Real 52,700,384 .7716 68,300,135 52,700,384
F2. Industrial Real 1,027,697 N/A 1,027,697 1,027,697
G. Oil, Gas, Minerals 4,319 N/A 4,319 4,319
J. Utilities 17,694,760 N/A 17,694,760 17,694,760
L1. Commercial Personal 33,214,801 .9978 33,288,035 33,214,801
L2. Industrial Personal 4,895,522 N/A 4,895,522 4,895,522
M. Other Personal 3,142,857 N/A 3,142,857 3,142,857
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 409,177 N/A 409,177 409,177
Subtotal 504,603,145 525,571,193 504,603,145
Less Total Deductions 88,849,322   90,654,666 88,849,322
Total Taxable Value 415,753,823 434,916,527 415,753,823 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
433,842,478 415,753,823 433,842,478 415,753,823


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
18,088,655 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
433,842,478 415,753,823 433,842,478 415,753,823

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