taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

166/Milam

166-901/Cameron ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 115,499,691 .7811 147,867,995 115,499,691
B. Multi-Family Residences 5,842,910 N/A 5,842,910 5,842,910
C1. Vacant Lots 2,474,449 N/A 2,474,449 2,474,449
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 22,801,022 .8407 27,122,758 22,801,022
D2. Real Prop Farm & Ranch 7,802,990 N/A 7,802,990 7,802,990
E. Real Prop NonQual Acres 78,825,871 .9289 84,859,372 78,825,871
F1. Commercial Real 39,615,682 .9883 40,084,673 39,615,682
F2. Industrial Real 8,186,370 N/A 8,186,370 8,186,370
G. Oil, Gas, Minerals 1,263,616 N/A 1,263,616 1,263,616
J. Utilities 29,220,110 .9756 29,950,912 29,220,110
L1. Commercial Personal 13,559,390 N/A 13,559,390 13,559,390
L2. Industrial Personal 55,948,650 N/A 55,948,650 55,948,650
M. Other Personal 5,310,380 N/A 5,310,380 5,310,380
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 2,332,150 N/A 2,332,150 2,332,150
Subtotal 388,683,281 432,606,615 388,683,281
Less Total Deductions 77,074,324   95,042,897 77,074,324
Total Taxable Value 311,608,957 337,563,718 311,608,957 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
326,739,300 311,608,957 326,739,300 311,608,957


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
15,130,343 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
326,739,300 311,608,957 326,739,300 311,608,957

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 invalid, but local value was certified because your school district is in year one of the grace period.