taxes Property Tax Assistance

2019 ISD Summary Worksheet

108-Hidalgo

108-910/Progreso ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 111,319,176 0.8959 124,254,019 111,319,176
B. MULTIFAMILY RESIDENCES 3,445,231 N/A 3,445,231 3,445,231
C1. VACANT LOTS 13,523,112 1.0548 12,820,546 13,523,112
D1. QUALIFIED AG LAND 4,223,594 1.0213 4,135,509 4,223,594
D2. REAL PROP:FARM & RANCH 304,770 N/A 304,770 304,770
E. REAL PROP NONQUAL ACREAGE 15,422,990 1.0405 14,822,672 15,422,990
F1. COMMERCIAL REAL 31,406,268 1.0187 30,829,752 31,406,268
F2. INDUSTRIAL REAL 729,805 N/A 729,805 729,805
G. OIL,GAS,MINERALS 97,760 N/A 97,760 97,760
J. UTILITIES 15,130,703 1.0317 14,665,797 15,130,703
L1. COMMERCIAL PERSONAL 14,164,764 1.1153 12,700,407 14,164,764
L2. INDUSTRIAL PERSONAL 794,040 N/A 794,040 794,040
M. MOBILE HOMES 1,050,866 N/A 1,050,866 1,050,866
O. RESIDENTIAL INVENTORY 133,311 N/A 133,311 133,311
S. SPECIAL INVENTORY 100,070 N/A 100,070 100,070
Subtotal 211,846,460 0 220,884,555 211,846,460
Less Total Deductions 33,336,031 0 36,274,644 33,336,031
Total Taxable Value 178,510,429 0 184,609,911 178,510,429

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
188,965,941 178,510,429 188,965,941 178,510,429


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,455,512 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
188,965,941 178,510,429 188,965,941 178,510,429

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

108-910-02/Progreso ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 111,319,176 0.8959 124,254,019 111,319,176
B. MULTIFAMILY RESIDENCES 3,445,231 N/A 3,445,231 3,445,231
C1. VACANT LOTS 13,523,112 1.0548 12,820,546 13,523,112
D1. QUALIFIED AG LAND 4,223,594 1.0213 4,135,509 4,223,594
D2. REAL PROP:FARM & RANCH 304,770 N/A 304,770 304,770
E. REAL PROP NONQUAL ACREAGE 15,422,990 1.0405 14,822,672 15,422,990
F1. COMMERCIAL REAL 31,406,268 1.0187 30,829,752 31,406,268
F2. INDUSTRIAL REAL 729,805 N/A 729,805 729,805
G. OIL,GAS,MINERALS 97,760 N/A 97,760 97,760
J. UTILITIES 15,130,703 1.0317 14,665,797 15,130,703
L1. COMMERCIAL PERSONAL 14,164,764 1.1153 12,700,407 14,164,764
L2. INDUSTRIAL PERSONAL 794,040 N/A 794,040 794,040
M. MOBILE HOMES 1,050,866 N/A 1,050,866 1,050,866
O. RESIDENTIAL INVENTORY 133,311 N/A 133,311 133,311
S. SPECIAL INVENTORY 100,070 N/A 100,070 100,070
Subtotal 211,846,460 220,884,555 211,846,460
Less Total Deductions 33,336,031 36,274,644 33,336,031
Total Taxable Value 178,510,429 184,609,911 178,510,429

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
188,965,941 178,510,429 188,965,941 178,510,429


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
10,455,512 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
188,965,941 178,510,429 188,965,941 178,510,429

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