taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

031/Cameron

031-909/Point Isabel ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 2,585,862,457 N/A 2,585,862,457 2,585,862,457
B. Multi-Family Residences 156,588,583 N/A 156,588,583 156,588,583
C1. Vacant Lots 227,983,729 N/A 227,983,729 227,983,729
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,984,698 N/A 1,984,698 1,984,698
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 65,779,860 N/A 65,779,860 65,779,860
F1. Commercial Real 316,696,998 N/A 316,696,998 316,696,998
F2. Industrial Real 12,778,202 N/A 12,778,202 12,778,202
G. Oil, Gas, Minerals 1,120 N/A 1,120 1,120
J. Utilities 28,498,861 N/A 28,498,861 28,498,861
L1. Commercial Personal 70,665,990 N/A 70,665,990 70,665,990
L2. Industrial Personal 191,074,944 N/A 191,074,944 191,074,944
M. Other Personal 1,816,282 N/A 1,816,282 1,816,282
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 35,723,001 N/A 35,723,001 35,723,001
S. Special Inventory 169,918 N/A 169,918 169,918
Subtotal 3,695,624,643 3,695,624,643 3,695,624,643
Less Total Deductions 167,052,627   167,052,627 167,052,627
Total Taxable Value 3,528,572,016 3,528,572,016 3,528,572,016 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
3,551,496,790 3,528,572,016 3,551,496,790 3,528,572,016


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,924,774 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
3,551,496,790 3,528,572,016 3,551,496,790 3,528,572,016

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