taxes Property Tax Assistance

2023 Deduction Detail

108-Hidalgo Hidalgo County

108-907/Mercedes ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 242,413,814 242,413,814 242,413,814
Homestead - State-Mandated Over-65 or Disabled $10,000 3,551,261 3,551,261 3,551,261
Homestead - 100% Disabled or Unemployable Veterans 6,505,239 6,505,239 6,505,239
Homestead - Disabled Veterans and Surviving Spouse 699,976 699,976 699,976
Homestead - Over-65 or Disabled Freeze Loss 11,239,781 10,454,288 11,239,781
Homestead - 10% Appraisal Cap Loss 63,957,384 63,531,721 63,957,384
Freeport 0 0 0
Pollution Control 0 0 0
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 3,057,117 3,057,117 3,057,117
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 292,997 292,997 292,997
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0

108-907/Mercedes ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 242,413,814 242,413,814 242,413,814
Homestead - State-Mandated Over-65 or Disabled $10,000 3,551,261 3,551,261 3,551,261
Homestead - 100% Disabled or Unemployable Veterans 6,505,239 6,505,239 6,505,239
Homestead - Disabled Veterans and Surviving Spouse 699,976 699,976 699,976
Homestead - Over-65 or Disabled Freeze Loss 11,239,781 10,454,288 11,239,781
Homestead - 10% Appraisal Cap Loss 63,957,384 63,531,721 63,957,384
Freeport 0 0 0
Pollution Control 0 0 0
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 3,057,117 3,057,117 3,057,117
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 292,997 292,997 292,997
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0
Total Deductions Allowed in PVS 331,717,569 330,506,413 331,717,569