taxes Property Tax Assistance

2016 ISD Summary Worksheet

031/Cameron

031-911/Rio Hondo ISD

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


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 131,060,242 .9216 142,209,464 131,060,242
B. Multi-Family Residences 1,738,344 N/A 1,738,344 1,738,344
C1. Vacant Lots 8,161,294 N/A 8,161,294 8,161,294
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,321,465 1.0604 15,392,179 16,321,465
D2. Real Prop Farm & Ranch 357 N/A 357 357
E. Real Prop NonQual Acres 42,916,465 .7527 57,016,693 42,916,465
F1. Commercial Real 12,479,010 N/A 12,479,010 12,479,010
F2. Industrial Real 2,706,594 N/A 2,706,594 2,706,594
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 89,205,365 N/A 89,205,365 89,205,365
L1. Commercial Personal 17,456,832 N/A 17,456,832 17,456,832
L2. Industrial Personal 26,384,615 N/A 26,384,615 26,384,615
M. Other Personal 1,409,360 N/A 1,409,360 1,409,360
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 29,346 N/A 29,346 29,346
Subtotal 349,869,289 374,189,453 349,869,289
Less Total Deductions 86,912,331   89,917,635 86,912,331
Total Taxable Value 262,956,958 284,271,818 262,956,958 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
274,447,961 262,956,958 274,447,961 262,956,958


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,491,003 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
312,862,751 301,371,748 312,862,751 301,371,748

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.