taxes Property Tax Assistance

2019 ISD Summary Worksheet

108-Hidalgo

108-903/Edcouch-Elsa ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	273,122,877	0.8618	316,921,417	273,122,877
B. MULTIFAMILY RESIDENCES	13,380,865	N/A	13,380,865	13,380,865
C1. VACANT LOTS	21,609,189	N/A	21,609,189	21,609,189
D1. QUALIFIED AG LAND	4,702,124	1.0629	4,423,744	4,702,124
D2. REAL PROP:FARM & RANCH	342,019	N/A	342,019	342,019
E. REAL PROP NONQUAL ACREAGE	21,165,589	N/A	21,165,589	21,165,589
F1. COMMERCIAL REAL	80,483,710	0.9367	85,922,611	80,483,710
F2. INDUSTRIAL REAL	597,209	N/A	597,209	597,209
G. OIL,GAS,MINERALS	16,142	N/A	16,142	16,142
J. UTILITIES	14,840,468	N/A	14,840,468	14,840,468
L1. COMMERCIAL PERSONAL	23,704,952	1.0600	22,363,162	23,704,952
L2. INDUSTRIAL PERSONAL	1,017,313	N/A	1,017,313	1,017,313
M. MOBILE HOMES	1,757,824	N/A	1,757,824	1,757,824
O. RESIDENTIAL INVENTORY	129,721	N/A	129,721	129,721
S. SPECIAL INVENTORY	272,647	N/A	272,647	272,647
Subtotal	457,142,649	0	504,759,920	457,142,649
Less Total Deductions	97,624,964	0	109,257,064	97,624,964
Total Taxable Value	359,517,685	0	395,502,856	359,517,685

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
408,505,336	359,517,685	408,505,336	359,517,685

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
48,987,651	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
408,505,336	359,517,685	408,505,336	359,517,685

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

108-903-02/Edcouch-Elsa ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	273,122,877	0.8618	316,921,417	273,122,877
B. MULTIFAMILY RESIDENCES	13,380,865	N/A	13,380,865	13,380,865
C1. VACANT LOTS	21,609,189	N/A	21,609,189	21,609,189
D1. QUALIFIED AG LAND	4,702,124	1.0629	4,423,744	4,702,124
D2. REAL PROP:FARM & RANCH	342,019	N/A	342,019	342,019
E. REAL PROP NONQUAL ACREAGE	21,165,589	N/A	21,165,589	21,165,589
F1. COMMERCIAL REAL	80,483,710	0.9367	85,922,611	80,483,710
F2. INDUSTRIAL REAL	597,209	N/A	597,209	597,209
G. OIL,GAS,MINERALS	16,142	N/A	16,142	16,142
J. UTILITIES	14,840,468	N/A	14,840,468	14,840,468
L1. COMMERCIAL PERSONAL	23,704,952	1.0600	22,363,162	23,704,952
L2. INDUSTRIAL PERSONAL	1,017,313	N/A	1,017,313	1,017,313
M. MOBILE HOMES	1,757,824	N/A	1,757,824	1,757,824
O. RESIDENTIAL INVENTORY	129,721	N/A	129,721	129,721
S. SPECIAL INVENTORY	272,647	N/A	272,647	272,647
Subtotal	457,142,649		504,759,920	457,142,649
Less Total Deductions	97,624,964		109,257,064	97,624,964
Total Taxable Value	359,517,685		395,502,856	359,517,685

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
408,505,336	359,517,685	408,505,336	359,517,685

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
48,987,651	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
408,505,336	359,517,685	408,505,336	359,517,685

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