taxes Property Tax Assistance

2018 ISD Summary Worksheet

031/Cameron

031-903/Harlingen CISD

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


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 2,168,052,778 .9364 2,315,306,256 2,168,052,778
B. Multi-Family Residences 183,992,540 N/A 183,992,540 183,992,540
C1. Vacant Lots 119,900,090 N/A 119,900,090 119,900,090
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,977,916 1.0811 9,229,573 9,977,916
D2. Real Prop Farm & Ranch 520,508 N/A 520,508 520,508
E. Real Prop NonQual Acres 77,150,080 N/A 77,150,080 77,150,080
F1. Commercial Real 932,137,139 .8377 1,112,733,841 932,137,139
F2. Industrial Real 37,479,232 N/A 37,479,232 37,479,232
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 113,149,815 N/A 113,149,815 113,149,815
L1. Commercial Personal 368,283,550 .9845 374,081,818 368,283,550
L2. Industrial Personal 172,170,972 N/A 172,170,972 172,170,972
M. Other Personal 26,358,750 N/A 26,358,750 26,358,750
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 5,996,161 N/A 5,996,161 5,996,161
S. Special Inventory 31,461,432 N/A 31,461,432 31,461,432
Subtotal 4,246,630,963 4,579,531,068 4,246,630,963
Less Total Deductions 662,463,457   699,515,858 662,463,457
Total Taxable Value 3,584,167,506 3,880,015,210 3,584,167,506 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
3,701,830,187 3,584,167,506 3,701,830,187 3,584,167,506


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
117,662,681 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
3,701,830,187 3,584,167,506 3,701,830,187 3,584,167,506

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.