taxes Property Tax Assistance

2023 ISD Summary Worksheet

108-Hidalgo/Hidalgo County

108-914/La Villa ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 66,499,043 0.9002 73,871,410 66,499,043
B - MULTIFAMILY 1,201,624 N/A 1,201,624 1,201,624
C1 - VACANT LOTS 5,056,530 N/A 5,056,530 5,056,530
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,756,972 1.1696 7,487,394 8,756,972
D2 - FARM & RANCH IMP 181,288 N/A 181,288 181,288
E - NON-AG LAND AND IMPROVEMENTS 8,946,706 0.5947 15,044,066 8,946,706
F1 - COMMERCIAL REAL 47,752,866 0.9993 47,786,316 47,752,866
F2 - INDUSTRIAL REAL 15,090,493 N/A 15,090,493 15,090,493
G - ALL MINERALS 874,830 N/A 874,830 874,830
J - ALL UTILITIES 6,044,090 N/A 6,044,090 6,044,090
L1 - COMMERCIAL PERSONAL 8,421,317 1.0684 7,882,176 8,421,317
L2 - INDUSTRIAL PERSONAL 6,598,410 N/A 6,598,410 6,598,410
M1 - MOBILE HOMES 1,114,076 N/A 1,114,076 1,114,076
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 176,538,245 0 188,232,703 176,538,245
Less Total Deductions 42,221,837 0 44,860,621 42,221,837
Total Taxable Value 134,316,408 0 143,372,082 134,316,408

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

Measure Value Description
T1 145,898,014 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 134,316,408 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 145,898,014 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 134,316,408 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 152,528,014 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 156,948,014 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 135,351,146 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 145,898,014 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 134,316,408 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 145,898,014 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 134,316,408 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 152,528,014 T13 plus the loss to the chapter 313 agreement
T16 156,948,014 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 135,351,146 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 11,581,606 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 6,630,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 4,420,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

108-914-02/La Villa ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 66,499,043 0.9002 73,871,410 66,499,043
B - MULTIFAMILY 1,201,624 N/A 1,201,624 1,201,624
C1 - VACANT LOTS 5,056,530 N/A 5,056,530 5,056,530
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,756,972 1.1696 7,487,394 8,756,972
D2 - FARM & RANCH IMP 181,288 N/A 181,288 181,288
E - NON-AG LAND AND IMPROVEMENTS 8,946,706 0.5947 15,044,066 8,946,706
F1 - COMMERCIAL REAL 47,752,866 0.9993 47,786,316 47,752,866
F2 - INDUSTRIAL REAL 15,090,493 N/A 15,090,493 15,090,493
G - ALL MINERALS 874,830 N/A 874,830 874,830
J - ALL UTILITIES 6,044,090 N/A 6,044,090 6,044,090
L1 - COMMERCIAL PERSONAL 8,421,317 1.0684 7,882,176 8,421,317
L2 - INDUSTRIAL PERSONAL 6,598,410 N/A 6,598,410 6,598,410
M1 - MOBILE HOMES 1,114,076 N/A 1,114,076 1,114,076
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 176,538,245 188,232,703 176,538,245
Less Total Deductions 42,221,837 44,860,621 42,221,837
Total Taxable Value 134,316,408 143,372,082 134,316,408

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

Measure Value Description
T1 145,898,014 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 134,316,408 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 145,898,014 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 134,316,408 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 152,528,014 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 156,948,014 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 135,351,146 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 145,898,014 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 134,316,408 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 145,898,014 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 134,316,408 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 152,528,014 T13 plus the loss to the chapter 313 agreement
T16 156,948,014 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 135,351,146 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 11,581,606 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 6,630,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 4,420,000 Loss to Second Previous Homestead Increase