taxes Property Tax Assistance

2017 ISD Summary Worksheet

031/Cameron

031-905/La Feria ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 285,292,829 N/A 285,292,829 285,292,829
B. Multi-Family Residences 9,090,239 N/A 9,090,239 9,090,239
C1. Vacant Lots 20,552,373 N/A 20,552,373 20,552,373
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,354,535 N/A 5,354,535 5,354,535
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 61,125,753 N/A 61,125,753 61,125,753
F1. Commercial Real 52,396,190 N/A 52,396,190 52,396,190
F2. Industrial Real 1,032,367 N/A 1,032,367 1,032,367
G. Oil, Gas, Minerals 4,003 N/A 4,003 4,003
J. Utilities 17,868,120 N/A 17,868,120 17,868,120
L1. Commercial Personal 31,906,062 N/A 31,906,062 31,906,062
L2. Industrial Personal 5,123,698 N/A 5,123,698 5,123,698
M. Other Personal 3,193,713 N/A 3,193,713 3,193,713
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 222,626 N/A 222,626 222,626
S. Special Inventory 688,522 N/A 688,522 688,522
Subtotal 493,851,030 493,851,030 493,851,030
Less Total Deductions 88,327,262   88,327,262 88,327,262
Total Taxable Value 405,523,768 405,523,768 405,523,768 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
423,081,141 405,523,768 423,081,141 405,523,768


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
17,557,373 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
423,081,141 405,523,768 423,081,141 405,523,768

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