taxes Property Tax Assistance

2022 ISD Summary Worksheet

031-Cameron /Cameron County

031-911/Rio Hondo ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 165,205,131 0.6774 243,881,209 243,881,209
B - MULTIFAMILY 6,898,515 N/A 6,898,515 6,898,515
C1 - VACANT LOTS 11,193,182 N/A 11,193,182 11,193,182
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,225,186 1.0759 16,940,215 16,940,215
D2 - FARM & RANCH IMP 934,461 N/A 934,461 934,461
E - NON-AG LAND AND IMPROVEMENTS 70,474,883 0.6325 111,422,740 111,422,740
F1 - COMMERCIAL REAL 16,111,513 N/A 16,111,513 16,111,513
F2 - INDUSTRIAL REAL 5,263,266 N/A 5,263,266 5,263,266
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 135,982,024 0.7963 170,767,329 170,767,329
L1 - COMMERCIAL PERSONAL 10,254,673 N/A 10,254,673 10,254,673
L2 - INDUSTRIAL PERSONAL 35,431,215 N/A 35,431,215 35,431,215
M1 - MOBILE HOMES 1,656,298 N/A 1,656,298 1,656,298
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 16,629 N/A 16,629 16,629
Subtotal 477,646,976 0 630,771,245 630,771,245
Less Total Deductions 93,425,305 0 117,828,567 117,828,567
Total Taxable Value 384,221,671 0 512,942,678 512,942,678

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 T13
528,222,095 512,942,678 528,222,095 512,942,678 543,342,095


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
15,279,417 0 15,120,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
548,266,845 532,987,428 548,266,845 532,987,428 563,386,845

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

031-911-02/Rio Hondo ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 165,205,131 0.6774 243,881,209 243,881,209
B - MULTIFAMILY 6,898,515 N/A 6,898,515 6,898,515
C1 - VACANT LOTS 11,193,182 N/A 11,193,182 11,193,182
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 18,225,186 1.0759 16,940,215 16,940,215
D2 - FARM & RANCH IMP 934,461 N/A 934,461 934,461
E - NON-AG LAND AND IMPROVEMENTS 70,474,883 0.6325 111,422,740 111,422,740
F1 - COMMERCIAL REAL 16,111,513 N/A 16,111,513 16,111,513
F2 - INDUSTRIAL REAL 5,263,266 N/A 5,263,266 5,263,266
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 135,982,024 0.7963 170,767,329 170,767,329
L1 - COMMERCIAL PERSONAL 10,254,673 N/A 10,254,673 10,254,673
L2 - INDUSTRIAL PERSONAL 35,431,215 N/A 35,431,215 35,431,215
M1 - MOBILE HOMES 1,656,298 N/A 1,656,298 1,656,298
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 16,629 N/A 16,629 16,629
Subtotal 477,646,976 630,771,245 630,771,245
Less Total Deductions 93,425,305 117,828,567 117,828,567
Total Taxable Value 384,221,671 512,942,678 512,942,678

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 T13
528,222,095 512,942,678 528,222,095 512,942,678 543,342,095


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
15,279,417 0 15,120,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
548,266,845 532,987,428 548,266,845 532,987,428 563,386,845

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement