taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

031/Cameron

031-905/La Feria ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 253,419,097 .9551 265,332,527 253,419,097
B. Multi-Family Residences 6,870,927 N/A 6,870,927 6,870,927
C1. Vacant Lots 22,165,179 N/A 22,165,179 22,165,179
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,227,927 1.0628 4,918,918 5,227,927
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 51,690,939 .8720 59,278,600 51,690,939
F1. Commercial Real 47,925,327 1.0173 47,110,318 47,925,327
F2. Industrial Real 1,043,846 N/A 1,043,846 1,043,846
G. Oil, Gas, Minerals 2,899 N/A 2,899 2,899
J. Utilities 16,908,013 N/A 16,908,013 16,908,013
L1. Commercial Personal 23,444,405 1.0062 23,299,945 23,444,405
L2. Industrial Personal 13,884,253 N/A 13,884,253 13,884,253
M. Other Personal 2,933,895 N/A 2,933,895 2,933,895
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,084,143 N/A 1,084,143 1,084,143
S. Special Inventory 454,621 N/A 454,621 454,621
Subtotal 447,055,471 465,288,084 447,055,471
Less Total Deductions 78,169,368   80,939,975 78,169,368
Total Taxable Value 368,886,103 384,348,109 368,886,103 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
387,048,037 368,886,103 387,048,037 368,886,103


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
18,161,934 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
387,048,037 368,886,103 387,048,037 368,886,103

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