taxes Property Tax Assistance

2020 ISD Summary Worksheet

108-Hidalgo /Hidalgo County

108-915/Monte Alto ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	65,426,422	N/A	65,426,422	65,426,422
B - MULTIFAMILY	970,754	N/A	970,754	970,754
C1 - VACANT LOTS	10,221,048	N/A	10,221,048	10,221,048
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,351,948	N/A	8,351,948	8,351,948
D2 - FARM & RANCH IMP	1,861,769	N/A	1,861,769	1,861,769
E - NON-AG LAND AND IMPROVEMENTS	32,070,585	N/A	32,070,585	32,070,585
F1 - COMMERCIAL REAL	11,812,991	N/A	11,812,991	11,812,991
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	97,629	N/A	97,629	97,629
J - ALL UTILITIES	4,381,313	N/A	4,381,313	4,381,313
L1 - COMMERCIAL PERSONAL	30,483,042	N/A	30,483,042	30,483,042
L2 - INDUSTRIAL PERSONAL	358,700	N/A	358,700	358,700
M1 - MOBILE HOMES	2,017,976	N/A	2,017,976	2,017,976
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,045,711	N/A	1,045,711	1,045,711
S - SPECIAL INVENTORY	5,469	N/A	5,469	5,469
Subtotal	169,105,357	0	169,105,357	169,105,357
Less Total Deductions	25,712,870	0	25,712,870	25,712,870
Total Taxable Value	143,392,487	0	143,392,487	143,392,487

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
149,380,914	143,392,487	149,380,914	143,392,487

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,988,427	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
149,380,914	143,392,487	149,380,914	143,392,487

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

108-915-02/Monte Alto ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	65,426,422	N/A	65,426,422	65,426,422
B - MULTIFAMILY	970,754	N/A	970,754	970,754
C1 - VACANT LOTS	10,221,048	N/A	10,221,048	10,221,048
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,351,948	N/A	8,351,948	8,351,948
D2 - FARM & RANCH IMP	1,861,769	N/A	1,861,769	1,861,769
E - NON-AG LAND AND IMPROVEMENTS	32,070,585	N/A	32,070,585	32,070,585
F1 - COMMERCIAL REAL	11,812,991	N/A	11,812,991	11,812,991
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	97,629	N/A	97,629	97,629
J - ALL UTILITIES	4,381,313	N/A	4,381,313	4,381,313
L1 - COMMERCIAL PERSONAL	30,483,042	N/A	30,483,042	30,483,042
L2 - INDUSTRIAL PERSONAL	358,700	N/A	358,700	358,700
M1 - MOBILE HOMES	2,017,976	N/A	2,017,976	2,017,976
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,045,711	N/A	1,045,711	1,045,711
S - SPECIAL INVENTORY	5,469	N/A	5,469	5,469
Subtotal	169,105,357		169,105,357	169,105,357
Less Total Deductions	25,712,870		25,712,870	25,712,870
Total Taxable Value	143,392,487		143,392,487	143,392,487

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
149,380,914	143,392,487	149,380,914	143,392,487

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
5,988,427	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
149,380,914	143,392,487	149,380,914	143,392,487

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