taxes Property Tax Assistance

2016 ISD Summary Worksheet

108/Hidalgo

108-906/McAllen ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 3,711,263,103 N/A 3,711,263,103 3,711,263,103
B. Multi-Family Residences 332,951,466 N/A 332,951,466 332,951,466
C1. Vacant Lots 214,517,672 N/A 214,517,672 214,517,672
C2. Colonia Lots 1,543,220 N/A 1,543,220 1,543,220
D1. Rural Real(Taxable) 1,056,037 N/A 1,056,037 1,056,037
D2. Real Prop Farm & Ranch 174,524 N/A 174,524 174,524
E. Real Prop NonQual Acres 36,886,848 N/A 36,886,848 36,886,848
F1. Commercial Real 2,368,341,950 N/A 2,368,341,950 2,368,341,950
F2. Industrial Real 34,863,289 N/A 34,863,289 34,863,289
G. Oil, Gas, Minerals 4,862,570 N/A 4,862,570 4,862,570
J. Utilities 66,388,796 N/A 66,388,796 66,388,796
L1. Commercial Personal 763,338,081 N/A 763,338,081 763,338,081
L2. Industrial Personal 77,928,899 N/A 77,928,899 77,928,899
M. Other Personal 18,630,935 N/A 18,630,935 18,630,935
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 13,901,365 N/A 13,901,365 13,901,365
S. Special Inventory 45,668,874 N/A 45,668,874 45,668,874
Subtotal 7,692,317,629 7,692,317,629 7,692,317,629
Less Total Deductions 868,236,341   868,236,341 868,236,341
Total Taxable Value 6,824,081,288 6,824,081,288 6,824,081,288 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
7,016,463,681 6,824,081,288 7,016,463,681 6,824,081,288


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
192,382,393 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
7,016,463,681 6,824,081,288 7,016,463,681 6,824,081,288

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