taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

031/Cameron

031-911/Rio Hondo ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 123,877,613 .9556 129,633,333 123,877,613
B. Multi-Family Residences 1,345,102 N/A 1,345,102 1,345,102
C1. Vacant Lots 8,036,972 N/A 8,036,972 8,036,972
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,524,448 .9588 16,190,966 15,524,448
D2. Real Prop Farm & Ranch 601 N/A 601 601
E. Real Prop NonQual Acres 40,280,941 .8528 47,233,749 40,280,941
F1. Commercial Real 11,376,355 N/A 11,376,355 11,376,355
F2. Industrial Real 2,678,405 N/A 2,678,405 2,678,405
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 84,445,469 N/A 84,445,469 84,445,469
L1. Commercial Personal 4,842,236 N/A 4,842,236 4,842,236
L2. Industrial Personal 31,767,472 N/A 31,767,472 31,767,472
M. Other Personal 1,415,304 N/A 1,415,304 1,415,304
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 18,845 N/A 18,845 18,845
Subtotal 325,609,763 338,984,809 325,609,763
Less Total Deductions 74,648,030   76,190,011 74,648,030
Total Taxable Value 250,961,733 262,794,798 250,961,733 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
264,695,916 250,961,733 264,695,916 250,961,733 252,130,311 252,130,311


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,734,183 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
304,716,566 290,982,383 304,716,566 290,982,383 292,150,961 292,150,961

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