taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

031/Cameron

031-903/Harlingen ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,887,014,877 N/A 1,887,014,877 1,887,014,877
B. Multi-Family Residences 161,353,635 N/A 161,353,635 161,353,635
C1. Vacant Lots 118,593,244 N/A 118,593,244 118,593,244
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,420,154 N/A 9,420,154 9,420,154
D2. Real Prop Farm & Ranch 54,528 N/A 54,528 54,528
E. Real Prop NonQual Acres 72,087,393 N/A 72,087,393 72,087,393
F1. Commercial Real 878,989,013 N/A 878,989,013 878,989,013
F2. Industrial Real 37,249,496 N/A 37,249,496 37,249,496
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 98,466,152 N/A 98,466,152 98,466,152
L1. Commercial Personal 350,730,816 N/A 350,730,816 350,730,816
L2. Industrial Personal 135,486,510 N/A 135,486,510 135,486,510
M. Other Personal 24,875,387 N/A 24,875,387 24,875,387
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 8,363,443 N/A 8,363,443 8,363,443
S. Special Inventory 32,103,217 N/A 32,103,217 32,103,217
Subtotal 3,814,787,865 3,814,787,865 3,814,787,865
Less Total Deductions 557,183,203   557,183,203 557,183,203
Total Taxable Value 3,257,604,662 3,257,604,662 3,257,604,662 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
3,375,603,131 3,257,604,662 3,375,603,131 3,257,604,662


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
117,998,469 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
3,375,603,131 3,257,604,662 3,375,603,131 3,257,604,662

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 to be valid, and local value was certified