taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

031/Cameron

031-903/Harlingen ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 1,871,423,636 .9667 1,935,888,731 1,871,423,636
B. Multi-Family Residences 154,600,300 N/A 154,600,300 154,600,300
C1. Vacant Lots 102,792,243 N/A 102,792,243 102,792,243
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,843,275 .9663 9,151,599 8,843,275
D2. Real Prop Farm & Ranch 40,463 N/A 40,463 40,463
E. Real Prop NonQual Acres 88,910,489 N/A 88,910,489 88,910,489
F1. Commercial Real 868,129,778 .9438 919,823,880 868,129,778
F2. Industrial Real 37,966,797 N/A 37,966,797 37,966,797
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 95,649,906 N/A 95,649,906 95,649,906
L1. Commercial Personal 329,761,685 .9980 330,422,530 329,761,685
L2. Industrial Personal 132,263,583 N/A 132,263,583 132,263,583
M. Other Personal 24,883,635 N/A 24,883,635 24,883,635
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 9,734,314 N/A 9,734,314 9,734,314
S. Special Inventory 26,200,556 N/A 26,200,556 26,200,556
Subtotal 3,751,200,660 3,868,329,026 3,751,200,660
Less Total Deductions 413,258,314   427,574,015 413,258,314
Total Taxable Value 3,337,942,346 3,440,755,011 3,337,942,346 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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
3,466,201,986 3,337,942,346 3,466,201,986 3,337,942,346 3,358,242,428 3,358,242,428


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
128,259,640 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
3,466,201,986 3,337,942,346 3,466,201,986 3,337,942,346 3,358,242,428 3,358,242,428

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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