taxes Property Tax Assistance

2023 ISD Summary Worksheet

031-Cameron/Cameron County

031-911/Rio Hondo ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 228,592,327 0.7375 309,955,698 309,955,698
B - MULTIFAMILY 7,266,565 N/A 7,266,565 7,266,565
C1 - VACANT LOTS 14,393,465 N/A 14,393,465 14,393,465
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,352,942 1.0646 17,239,500 17,239,500
D2 - FARM & RANCH IMP 953,674 N/A 953,674 953,674
E - NON-AG LAND AND IMPROVEMENTS 106,086,370 0.7035 150,797,967 150,797,967
F1 - COMMERCIAL REAL 18,704,965 N/A 18,704,965 18,704,965
F2 - INDUSTRIAL REAL 5,338,317 N/A 5,338,317 5,338,317
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 134,729,463 0.9907 135,994,209 135,994,209
L1 - COMMERCIAL PERSONAL 9,870,416 N/A 9,870,416 9,870,416
L2 - INDUSTRIAL PERSONAL 43,604,517 N/A 43,604,517 43,604,517
M1 - MOBILE HOMES 1,476,446 N/A 1,476,446 1,476,446
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 14,800 N/A 14,800 14,800
Subtotal 589,384,267 0 715,610,539 715,610,539
Less Total Deductions 176,030,639 0 210,319,760 210,319,760
Total Taxable Value 413,353,628 0 505,290,779 505,290,779

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 546,536,300 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 505,290,779 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 546,536,300 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 505,290,779 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 570,221,300 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 586,011,300 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 510,131,578 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 563,270,700 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 522,025,179 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 563,270,700 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 522,025,179 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 586,955,700 T13 plus the loss to the chapter 313 agreement
T16 602,745,700 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 526,865,978 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 41,245,521 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 23,685,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 15,790,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE THE VALUES FOR YOUR SCHOOL DISTRICT ARE BELOW THE 90% CUTOFF AND YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE

031-911-02/Rio Hondo ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 228,592,327 0.7375 309,955,698 309,955,698
B - MULTIFAMILY 7,266,565 N/A 7,266,565 7,266,565
C1 - VACANT LOTS 14,393,465 N/A 14,393,465 14,393,465
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,352,942 1.0646 17,239,500 17,239,500
D2 - FARM & RANCH IMP 953,674 N/A 953,674 953,674
E - NON-AG LAND AND IMPROVEMENTS 106,086,370 0.7035 150,797,967 150,797,967
F1 - COMMERCIAL REAL 18,704,965 N/A 18,704,965 18,704,965
F2 - INDUSTRIAL REAL 5,338,317 N/A 5,338,317 5,338,317
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 134,729,463 0.9907 135,994,209 135,994,209
L1 - COMMERCIAL PERSONAL 9,870,416 N/A 9,870,416 9,870,416
L2 - INDUSTRIAL PERSONAL 43,604,517 N/A 43,604,517 43,604,517
M1 - MOBILE HOMES 1,476,446 N/A 1,476,446 1,476,446
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 14,800 N/A 14,800 14,800
Subtotal 589,384,267 715,610,539 715,610,539
Less Total Deductions 176,030,639 210,319,760 210,319,760
Total Taxable Value 413,353,628 505,290,779 505,290,779

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 546,536,300 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 505,290,779 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 546,536,300 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 505,290,779 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 570,221,300 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 586,011,300 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 510,131,578 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 563,270,700 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 522,025,179 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 563,270,700 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 522,025,179 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 586,955,700 T13 plus the loss to the chapter 313 agreement
T16 602,745,700 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 526,865,978 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 41,245,521 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 23,685,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 15,790,000 Loss to Second Previous Homestead Increase