taxes Property Tax Assistance

2019 ISD Summary Worksheet

108-Hidalgo

108-914/La Villa ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 32,919,973 0.8511 38,679,324 32,919,973
B. MULTIFAMILY RESIDENCES 647,122 N/A 647,122 647,122
C1. VACANT LOTS 2,733,313 N/A 2,733,313 2,733,313
D1. QUALIFIED AG LAND 7,847,455 1.0776 7,282,265 7,847,455
D2. REAL PROP:FARM & RANCH 495,559 N/A 495,559 495,559
E. REAL PROP NONQUAL ACREAGE 4,221,162 N/A 4,221,162 4,221,162
F1. COMMERCIAL REAL 44,253,502 0.9016 49,083,299 44,253,502
F2. INDUSTRIAL REAL 16,524,750 N/A 16,524,750 16,524,750
G. OIL,GAS,MINERALS 2,308,860 N/A 2,308,860 2,308,860
J. UTILITIES 5,417,490 1.0078 5,375,561 5,417,490
L1. COMMERCIAL PERSONAL 3,496,580 N/A 3,496,580 3,496,580
L2. INDUSTRIAL PERSONAL 6,851,413 N/A 6,851,413 6,851,413
M. MOBILE HOMES 215,274 N/A 215,274 215,274
Subtotal 127,932,453 0 137,914,482 127,932,453
Less Total Deductions 17,742,304 0 19,836,663 17,742,304
Total Taxable Value 110,190,149 0 118,077,819 110,190,149

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
114,226,927 110,190,149 114,226,927 110,190,149


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,036,778 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
114,226,927 110,190,149 114,226,927 110,190,149

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

108-914-02/La Villa ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 32,919,973 0.8511 38,679,324 32,919,973
B. MULTIFAMILY RESIDENCES 647,122 N/A 647,122 647,122
C1. VACANT LOTS 2,733,313 N/A 2,733,313 2,733,313
D1. QUALIFIED AG LAND 7,847,455 1.0776 7,282,265 7,847,455
D2. REAL PROP:FARM & RANCH 495,559 N/A 495,559 495,559
E. REAL PROP NONQUAL ACREAGE 4,221,162 N/A 4,221,162 4,221,162
F1. COMMERCIAL REAL 44,253,502 0.9016 49,083,299 44,253,502
F2. INDUSTRIAL REAL 16,524,750 N/A 16,524,750 16,524,750
G. OIL,GAS,MINERALS 2,308,860 N/A 2,308,860 2,308,860
J. UTILITIES 5,417,490 1.0078 5,375,561 5,417,490
L1. COMMERCIAL PERSONAL 3,496,580 N/A 3,496,580 3,496,580
L2. INDUSTRIAL PERSONAL 6,851,413 N/A 6,851,413 6,851,413
M. MOBILE HOMES 215,274 N/A 215,274 215,274
Subtotal 127,932,453 137,914,482 127,932,453
Less Total Deductions 17,742,304 19,836,663 17,742,304
Total Taxable Value 110,190,149 118,077,819 110,190,149

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
114,226,927 110,190,149 114,226,927 110,190,149


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,036,778 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
114,226,927 110,190,149 114,226,927 110,190,149

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