taxes Property Tax Assistance

2018 ISD Summary Worksheet

108-Hidalgo

108-907/Mercedes ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	286,744,719	N/A	286,744,719	286,744,719
B. MULTIFAMILY RESIDENCES	16,075,597	N/A	16,075,597	16,075,597
C1. VACANT LOTS	30,100,521	N/A	30,100,521	30,100,521
C2. COLONIA LOTS	11,760	N/A	11,760	11,760
D1. QUALIFIED AG LAND	7,781,879	N/A	7,781,879	7,781,879
D2. REAL PROP:FARM & RANCH	765,533	N/A	765,533	765,533
E. REAL PROP NONQUAL ACREAGE	25,268,977	N/A	25,268,977	25,268,977
F1. COMMERCIAL REAL	167,340,729	N/A	167,340,729	167,340,729
F2. INDUSTRIAL REAL	3,000,795	N/A	3,000,795	3,000,795
G. OIL,GAS,MINERALS	48,470	N/A	48,470	48,470
J. UTILITIES	27,767,726	N/A	27,767,726	27,767,726
L1. COMMERCIAL PERSONAL	68,590,391	N/A	68,590,391	68,590,391
L2. INDUSTRIAL PERSONAL	5,699,028	N/A	5,699,028	5,699,028
M. MOBILE HOMES	2,208,769	N/A	2,208,769	2,208,769
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	2,716,796	N/A	2,716,796	2,716,796
S. SPECIAL INVENTORY	213,844	N/A	213,844	213,844
Subtotal	644,335,534	0	644,335,534	644,335,534
Less Total Deductions	105,490,440	0	105,490,440	105,490,440
Total Taxable Value	538,845,094	0	538,845,094	538,845,094

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
567,832,497	538,845,094	567,832,497	538,845,094

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
28,987,403	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
567,832,497	538,845,094	567,832,497	538,845,094

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

108-907-02/Mercedes ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	286,744,719	N/A	286,744,719	286,744,719
B. MULTIFAMILY RESIDENCES	16,075,597	N/A	16,075,597	16,075,597
C1. VACANT LOTS	30,100,521	N/A	30,100,521	30,100,521
C2. COLONIA LOTS	11,760	N/A	11,760	11,760
D1. QUALIFIED AG LAND	7,781,879	N/A	7,781,879	7,781,879
D2. REAL PROP:FARM & RANCH	765,533	N/A	765,533	765,533
E. REAL PROP NONQUAL ACREAGE	25,268,977	N/A	25,268,977	25,268,977
F1. COMMERCIAL REAL	167,340,729	N/A	167,340,729	167,340,729
F2. INDUSTRIAL REAL	3,000,795	N/A	3,000,795	3,000,795
G. OIL,GAS,MINERALS	48,470	N/A	48,470	48,470
J. UTILITIES	27,767,726	N/A	27,767,726	27,767,726
L1. COMMERCIAL PERSONAL	68,590,391	N/A	68,590,391	68,590,391
L2. INDUSTRIAL PERSONAL	5,699,028	N/A	5,699,028	5,699,028
M. MOBILE HOMES	2,208,769	N/A	2,208,769	2,208,769
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	2,716,796	N/A	2,716,796	2,716,796
S. SPECIAL INVENTORY	213,844	N/A	213,844	213,844
Subtotal	644,335,534		644,335,534	644,335,534
Less Total Deductions	105,490,440		105,490,440	105,490,440
Total Taxable Value	538,845,094		538,845,094	538,845,094

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
567,832,497	538,845,094	567,832,497	538,845,094

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
28,987,403	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
567,832,497	538,845,094	567,832,497	538,845,094

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