taxes Property Tax Assistance

2017 ISD Summary Worksheet

031/Cameron

031-913/Santa Maria ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 33,209,795 .8678 38,268,950 33,209,795
B. Multi-Family Residences 30,871 N/A 30,871 30,871
C1. Vacant Lots 4,977,396 .8960 5,555,129 4,977,396
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,619,933 1.0620 5,291,723 5,619,933
D2. Real Prop Farm & Ranch 48,786 N/A 48,786 48,786
E. Real Prop NonQual Acres 5,338,131 .8948 5,965,725 5,338,131
F1. Commercial Real 1,083,724 N/A 1,083,724 1,083,724
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 13,176,098 1.0026 13,141,929 13,176,098
L1. Commercial Personal 265,087 N/A 265,087 265,087
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 246,600 N/A 246,600 246,600
S. Special Inventory 0 N/A 0 0
Subtotal 63,996,421 69,898,524 63,996,421
Less Total Deductions 10,637,626   11,682,583 10,637,626
Total Taxable Value 53,358,795 58,215,941 53,358,795 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
55,603,659 53,358,795 55,603,659 53,358,795


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,244,864 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
55,603,659 53,358,795 55,603,659 53,358,795

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 two of the grace period.