taxes Property Tax Assistance

2019 ISD Summary Worksheet

108-Hidalgo

108-913/Weslaco ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,423,902,854 0.9131 1,559,416,114 1,423,902,854
B. MULTIFAMILY RESIDENCES 107,154,351 N/A 107,154,351 107,154,351
C1. VACANT LOTS 116,870,442 N/A 116,870,442 116,870,442
D1. QUALIFIED AG LAND 5,839,012 0.9806 5,954,679 5,839,012
D2. REAL PROP:FARM & RANCH 548,577 N/A 548,577 548,577
E. REAL PROP NONQUAL ACREAGE 64,395,163 N/A 64,395,163 64,395,163
F1. COMMERCIAL REAL 655,776,268 1.0519 623,420,732 655,776,268
F2. INDUSTRIAL REAL 11,996,621 N/A 11,996,621 11,996,621
G. OIL,GAS,MINERALS 2,491,030 N/A 2,491,030 2,491,030
J. UTILITIES 50,640,301 N/A 50,640,301 50,640,301
L1. COMMERCIAL PERSONAL 202,340,871 1.0268 197,059,672 202,340,871
L2. INDUSTRIAL PERSONAL 18,595,610 N/A 18,595,610 18,595,610
M. MOBILE HOMES 58,988,799 N/A 58,988,799 58,988,799
O. RESIDENTIAL INVENTORY 12,633,214 N/A 12,633,214 12,633,214
S. SPECIAL INVENTORY 23,201,571 N/A 23,201,571 23,201,571
Subtotal 2,755,374,684 0 2,853,366,876 2,755,374,684
Less Total Deductions 380,314,278 0 408,470,565 380,314,278
Total Taxable Value 2,375,060,406 0 2,444,896,311 2,375,060,406

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
2,482,333,247 2,375,060,406 2,482,333,247 2,375,060,406


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
107,272,841 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
2,482,333,247 2,375,060,406 2,482,333,247 2,375,060,406

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

108-913-02/Weslaco ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,423,902,854 0.9131 1,559,416,114 1,423,902,854
B. MULTIFAMILY RESIDENCES 107,154,351 N/A 107,154,351 107,154,351
C1. VACANT LOTS 116,870,442 N/A 116,870,442 116,870,442
D1. QUALIFIED AG LAND 5,839,012 0.9806 5,954,679 5,839,012
D2. REAL PROP:FARM & RANCH 548,577 N/A 548,577 548,577
E. REAL PROP NONQUAL ACREAGE 64,395,163 N/A 64,395,163 64,395,163
F1. COMMERCIAL REAL 655,776,268 1.0519 623,420,732 655,776,268
F2. INDUSTRIAL REAL 11,996,621 N/A 11,996,621 11,996,621
G. OIL,GAS,MINERALS 2,491,030 N/A 2,491,030 2,491,030
J. UTILITIES 50,640,301 N/A 50,640,301 50,640,301
L1. COMMERCIAL PERSONAL 202,340,871 1.0268 197,059,672 202,340,871
L2. INDUSTRIAL PERSONAL 18,595,610 N/A 18,595,610 18,595,610
M. MOBILE HOMES 58,988,799 N/A 58,988,799 58,988,799
O. RESIDENTIAL INVENTORY 12,633,214 N/A 12,633,214 12,633,214
S. SPECIAL INVENTORY 23,201,571 N/A 23,201,571 23,201,571
Subtotal 2,755,374,684 2,853,366,876 2,755,374,684
Less Total Deductions 380,314,278 408,470,565 380,314,278
Total Taxable Value 2,375,060,406 2,444,896,311 2,375,060,406

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
2,482,333,247 2,375,060,406 2,482,333,247 2,375,060,406


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
107,272,841 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
2,482,333,247 2,375,060,406 2,482,333,247 2,375,060,406

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