taxes Property Tax Assistance

2019 ISD Summary Worksheet

108-Hidalgo

108-907/Mercedes ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	297,775,962	0.9287	320,637,409	297,775,962
B. MULTIFAMILY RESIDENCES	17,179,190	N/A	17,179,190	17,179,190
C1. VACANT LOTS	30,705,258	N/A	30,705,258	30,705,258
C2. COLONIA LOTS	11,760	N/A	11,760	11,760
D1. QUALIFIED AG LAND	7,698,483	1.0150	7,584,399	7,698,483
D2. REAL PROP:FARM & RANCH	753,560	N/A	753,560	753,560
E. REAL PROP NONQUAL ACREAGE	24,967,350	N/A	24,967,350	24,967,350
F1. COMMERCIAL REAL	199,706,155	0.9466	210,972,063	199,706,155
F2. INDUSTRIAL REAL	2,900,542	N/A	2,900,542	2,900,542
G. OIL,GAS,MINERALS	72,380	N/A	72,380	72,380
J. UTILITIES	28,549,736	N/A	28,549,736	28,549,736
L1. COMMERCIAL PERSONAL	65,420,106	1.0940	59,799,000	65,420,106
L2. INDUSTRIAL PERSONAL	4,705,028	N/A	4,705,028	4,705,028
M. MOBILE HOMES	1,881,268	N/A	1,881,268	1,881,268
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	2,855,935	N/A	2,855,935	2,855,935
S. SPECIAL INVENTORY	1,428,530	N/A	1,428,530	1,428,530
Subtotal	686,611,243	0	715,003,408	686,611,243
Less Total Deductions	107,695,463	0	113,727,229	107,695,463
Total Taxable Value	578,915,780	0	601,276,179	578,915,780

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
608,465,901	578,915,780	608,465,901	578,915,780

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
29,550,121	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
608,465,901	578,915,780	608,465,901	578,915,780

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	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	297,775,962	0.9287	320,637,409	297,775,962
B. MULTIFAMILY RESIDENCES	17,179,190	N/A	17,179,190	17,179,190
C1. VACANT LOTS	30,705,258	N/A	30,705,258	30,705,258
C2. COLONIA LOTS	11,760	N/A	11,760	11,760
D1. QUALIFIED AG LAND	7,698,483	1.0150	7,584,399	7,698,483
D2. REAL PROP:FARM & RANCH	753,560	N/A	753,560	753,560
E. REAL PROP NONQUAL ACREAGE	24,967,350	N/A	24,967,350	24,967,350
F1. COMMERCIAL REAL	199,706,155	0.9466	210,972,063	199,706,155
F2. INDUSTRIAL REAL	2,900,542	N/A	2,900,542	2,900,542
G. OIL,GAS,MINERALS	72,380	N/A	72,380	72,380
J. UTILITIES	28,549,736	N/A	28,549,736	28,549,736
L1. COMMERCIAL PERSONAL	65,420,106	1.0940	59,799,000	65,420,106
L2. INDUSTRIAL PERSONAL	4,705,028	N/A	4,705,028	4,705,028
M. MOBILE HOMES	1,881,268	N/A	1,881,268	1,881,268
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	2,855,935	N/A	2,855,935	2,855,935
S. SPECIAL INVENTORY	1,428,530	N/A	1,428,530	1,428,530
Subtotal	686,611,243		715,003,408	686,611,243
Less Total Deductions	107,695,463		113,727,229	107,695,463
Total Taxable Value	578,915,780		601,276,179	578,915,780

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
608,465,901	578,915,780	608,465,901	578,915,780

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
29,550,121	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
608,465,901	578,915,780	608,465,901	578,915,780

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