taxes Property Tax Assistance

2019 ISD Summary Worksheet

108-Hidalgo

108-915/Monte Alto ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 57,014,530 0.8581 66,442,757 66,442,757
B. MULTIFAMILY RESIDENCES 954,725 N/A 954,725 954,725
C1. VACANT LOTS 10,012,187 1.1953 8,376,296 8,376,296
D1. QUALIFIED AG LAND 8,768,241 0.9954 8,809,185 8,809,185
D2. REAL PROP:FARM & RANCH 2,110,652 N/A 2,110,652 2,110,652
E. REAL PROP NONQUAL ACREAGE 28,753,384 0.8861 32,449,367 32,449,367
F1. COMMERCIAL REAL 10,314,320 0.9048 11,399,558 11,399,558
G. OIL,GAS,MINERALS 98,379 N/A 98,379 98,379
J. UTILITIES 4,759,713 N/A 4,759,713 4,759,713
L1. COMMERCIAL PERSONAL 20,704,662 0.8843 23,413,618 23,413,618
L2. INDUSTRIAL PERSONAL 344,640 N/A 344,640 344,640
M. MOBILE HOMES 1,652,268 N/A 1,652,268 1,652,268
O. RESIDENTIAL INVENTORY 249,591 N/A 249,591 249,591
S. SPECIAL INVENTORY 6,577 N/A 6,577 6,577
Subtotal 145,743,869 0 161,067,326 161,067,326
Less Total Deductions 23,078,965 0 25,578,853 25,578,853
Total Taxable Value 122,664,904 0 135,488,473 135,488,473

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
141,215,930 135,488,473 141,215,930 135,488,473


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,727,457 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
141,215,930 135,488,473 141,215,930 135,488,473

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

108-915-02/Monte Alto ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 57,014,530 0.8581 66,442,757 66,442,757
B. MULTIFAMILY RESIDENCES 954,725 N/A 954,725 954,725
C1. VACANT LOTS 10,012,187 1.1953 8,376,296 8,376,296
D1. QUALIFIED AG LAND 8,768,241 0.9954 8,809,185 8,809,185
D2. REAL PROP:FARM & RANCH 2,110,652 N/A 2,110,652 2,110,652
E. REAL PROP NONQUAL ACREAGE 28,753,384 0.8861 32,449,367 32,449,367
F1. COMMERCIAL REAL 10,314,320 0.9048 11,399,558 11,399,558
G. OIL,GAS,MINERALS 98,379 N/A 98,379 98,379
J. UTILITIES 4,759,713 N/A 4,759,713 4,759,713
L1. COMMERCIAL PERSONAL 20,704,662 0.8843 23,413,618 23,413,618
L2. INDUSTRIAL PERSONAL 344,640 N/A 344,640 344,640
M. MOBILE HOMES 1,652,268 N/A 1,652,268 1,652,268
O. RESIDENTIAL INVENTORY 249,591 N/A 249,591 249,591
S. SPECIAL INVENTORY 6,577 N/A 6,577 6,577
Subtotal 145,743,869 161,067,326 161,067,326
Less Total Deductions 23,078,965 25,578,853 25,578,853
Total Taxable Value 122,664,904 135,488,473 135,488,473

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
141,215,930 135,488,473 141,215,930 135,488,473


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,727,457 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
141,215,930 135,488,473 141,215,930 135,488,473

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