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