taxes Property Tax Assistance

2016 ISD Summary Worksheet

108/Hidalgo

108-905/Hidalgo ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 112,382,969 N/A 112,382,969 112,382,969
B. Multi-Family Residences 6,964,746 N/A 6,964,746 6,964,746
C1. Vacant Lots 28,831,960 N/A 28,831,960 28,831,960
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,716,889 N/A 4,716,889 4,716,889
D2. Real Prop Farm & Ranch 226,688 N/A 226,688 226,688
E. Real Prop NonQual Acres 5,428,764 N/A 5,428,764 5,428,764
F1. Commercial Real 238,816,854 N/A 238,816,854 238,816,854
F2. Industrial Real 8,582,980 N/A 8,582,980 8,582,980
G. Oil, Gas, Minerals 2,937,360 N/A 2,937,360 2,937,360
J. Utilities 11,521,608 N/A 11,521,608 11,521,608
L1. Commercial Personal 180,830,975 N/A 180,830,975 180,830,975
L2. Industrial Personal 36,748,371 N/A 36,748,371 36,748,371
M. Other Personal 934,238 N/A 934,238 934,238
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 906,455 N/A 906,455 906,455
Subtotal 639,830,857 639,830,857 639,830,857
Less Total Deductions 162,320,446   162,320,446 162,320,446
Total Taxable Value 477,510,411 477,510,411 477,510,411 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
488,624,378 477,510,411 488,624,378 477,510,411


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,113,967 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
488,624,378 477,510,411 488,624,378 477,510,411

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