taxes Property Tax Assistance

2023 ISD Summary Worksheet

031-Cameron/Cameron County

031-909/Point Isabel ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 4,796,698,790 0.9544 5,025,878,866 5,025,878,866
B - MULTIFAMILY 182,108,147 N/A 182,108,147 182,108,147
C1 - VACANT LOTS 275,544,535 0.8307 331,701,619 331,701,619
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 870,640 1.2271 709,482 709,482
D2 - FARM & RANCH IMP 8,750 N/A 8,750 8,750
E - NON-AG LAND AND IMPROVEMENTS 45,703,364 N/A 45,703,364 45,703,364
F1 - COMMERCIAL REAL 534,651,963 0.8396 636,793,667 636,793,667
F2 - INDUSTRIAL REAL 255,587,842 N/A 255,587,842 255,587,842
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 205,279,053 N/A 205,279,053 205,279,053
L1 - COMMERCIAL PERSONAL 81,202,214 N/A 81,202,214 81,202,214
L2 - INDUSTRIAL PERSONAL 360,586,573 N/A 360,586,573 360,586,573
M1 - MOBILE HOMES 2,073,448 N/A 2,073,448 2,073,448
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 7,207,857 N/A 7,207,857 7,207,857
S - SPECIAL INVENTORY 167,970 N/A 167,970 167,970
Subtotal 6,747,691,146 0 7,135,008,852 7,135,008,852
Less Total Deductions 663,901,171 0 694,588,237 694,588,237
Total Taxable Value 6,083,789,975 0 6,440,420,615 6,440,420,615

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 6,583,751,176 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 6,440,420,615 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 6,583,751,176 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,440,420,615 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 6,624,131,176 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 6,651,051,176 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 6,525,297,342 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 6,583,751,176 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 6,440,420,615 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 6,583,751,176 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 6,440,420,615 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 6,624,131,176 T13 plus the loss to the chapter 313 agreement
T16 6,651,051,176 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 6,525,297,342 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 143,330,561 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 40,380,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 26,920,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE

031-909-02/Point Isabel ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 4,796,698,790 0.9544 5,025,878,866 5,025,878,866
B - MULTIFAMILY 182,108,147 N/A 182,108,147 182,108,147
C1 - VACANT LOTS 275,544,535 0.8307 331,701,619 331,701,619
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 870,640 1.2271 709,482 709,482
D2 - FARM & RANCH IMP 8,750 N/A 8,750 8,750
E - NON-AG LAND AND IMPROVEMENTS 45,703,364 N/A 45,703,364 45,703,364
F1 - COMMERCIAL REAL 534,651,963 0.8396 636,793,667 636,793,667
F2 - INDUSTRIAL REAL 255,587,842 N/A 255,587,842 255,587,842
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 205,279,053 N/A 205,279,053 205,279,053
L1 - COMMERCIAL PERSONAL 81,202,214 N/A 81,202,214 81,202,214
L2 - INDUSTRIAL PERSONAL 360,586,573 N/A 360,586,573 360,586,573
M1 - MOBILE HOMES 2,073,448 N/A 2,073,448 2,073,448
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 7,207,857 N/A 7,207,857 7,207,857
S - SPECIAL INVENTORY 167,970 N/A 167,970 167,970
Subtotal 6,747,691,146 7,135,008,852 7,135,008,852
Less Total Deductions 663,901,171 694,588,237 694,588,237
Total Taxable Value 6,083,789,975 6,440,420,615 6,440,420,615

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 6,583,751,176 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 6,440,420,615 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 6,583,751,176 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,440,420,615 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 6,624,131,176 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 6,651,051,176 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 6,525,297,342 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 6,583,751,176 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 6,440,420,615 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 6,583,751,176 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 6,440,420,615 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 6,624,131,176 T13 plus the loss to the chapter 313 agreement
T16 6,651,051,176 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 6,525,297,342 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 143,330,561 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 40,380,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 26,920,000 Loss to Second Previous Homestead Increase