taxes Property Tax Assistance

2020 ISD Summary Worksheet

031-Cameron

031-905/La Feria ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	324,177,682	0.8837	366,841,329	324,177,682
B - MULTIFAMILY	18,811,840	N/A	18,811,840	18,811,840
C1 - VACANT LOTS	18,428,411	N/A	18,428,411	18,428,411
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,519,018	1.0980	5,026,396	5,519,018
D2 - FARM & RANCH IMP	277,771	N/A	277,771	277,771
E - NON-AG LAND AND IMPROVEMENTS	62,705,016	0.8678	72,257,451	62,705,016
F1 - COMMERCIAL REAL	64,283,183	0.9237	69,593,140	64,283,183
F2 - INDUSTRIAL REAL	1,262,312	N/A	1,262,312	1,262,312
G - ALL MINERALS	3,383	N/A	3,383	3,383
J - ALL UTILITIES	19,485,590	N/A	19,485,590	19,485,590
L1 - COMMERCIAL PERSONAL	40,662,440	1.0173	39,970,943	40,662,440
L2 - INDUSTRIAL PERSONAL	4,728,724	N/A	4,728,724	4,728,724
M1 - MOBILE HOMES	3,239,647	N/A	3,239,647	3,239,647
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	537,537	N/A	537,537	537,537
Subtotal	564,122,554	0	620,464,474	564,122,554
Less Total Deductions	85,840,500	0	95,284,977	85,840,500
Total Taxable Value	478,282,054	0	525,179,497	478,282,054

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
497,371,462	478,282,054	497,371,462	478,282,054

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
19,089,408	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
497,371,462	478,282,054	497,371,462	478,282,054

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

031-905-02/La Feria ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	324,177,682	0.8837	366,841,329	324,177,682
B - MULTIFAMILY	18,811,840	N/A	18,811,840	18,811,840
C1 - VACANT LOTS	18,428,411	N/A	18,428,411	18,428,411
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,519,018	1.0980	5,026,396	5,519,018
D2 - FARM & RANCH IMP	277,771	N/A	277,771	277,771
E - NON-AG LAND AND IMPROVEMENTS	62,705,016	0.8678	72,257,451	62,705,016
F1 - COMMERCIAL REAL	64,283,183	0.9237	69,593,140	64,283,183
F2 - INDUSTRIAL REAL	1,262,312	N/A	1,262,312	1,262,312
G - ALL MINERALS	3,383	N/A	3,383	3,383
J - ALL UTILITIES	19,485,590	N/A	19,485,590	19,485,590
L1 - COMMERCIAL PERSONAL	40,662,440	1.0173	39,970,943	40,662,440
L2 - INDUSTRIAL PERSONAL	4,728,724	N/A	4,728,724	4,728,724
M1 - MOBILE HOMES	3,239,647	N/A	3,239,647	3,239,647
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	537,537	N/A	537,537	537,537
Subtotal	564,122,554		620,464,474	564,122,554
Less Total Deductions	85,840,500		95,284,977	85,840,500
Total Taxable Value	478,282,054		525,179,497	478,282,054

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
497,371,462	478,282,054	497,371,462	478,282,054

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
19,089,408	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
497,371,462	478,282,054	497,371,462	478,282,054

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