taxes Property Tax Assistance

2021 ISD Summary Worksheet

108-Hidalgo /Hidalgo County

108-905/Hidalgo ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 150,127,791 0.9221 162,810,748 150,127,791
B - MULTIFAMILY 10,148,786 N/A 10,148,786 10,148,786
C1 - VACANT LOTS 21,721,550 N/A 21,721,550 21,721,550
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,930,653 1.1724 3,352,694 3,930,653
D2 - FARM & RANCH IMP 196,839 N/A 196,839 196,839
E - NON-AG LAND AND IMPROVEMENTS 9,370,700 N/A 9,370,700 9,370,700
F1 - COMMERCIAL REAL 326,387,433 0.9759 334,447,621 326,387,433
F2 - INDUSTRIAL REAL 6,420,322 N/A 6,420,322 6,420,322
G - ALL MINERALS 561,968 N/A 561,968 561,968
J - ALL UTILITIES 15,034,923 N/A 15,034,923 15,034,923
L1 - COMMERCIAL PERSONAL 233,592,202 1.0140 230,367,063 233,592,202
L2 - INDUSTRIAL PERSONAL 21,905,008 N/A 21,905,008 21,905,008
M1 - MOBILE HOMES 512,981 N/A 512,981 512,981
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,156,839 N/A 1,156,839 1,156,839
Subtotal 801,067,995 0 818,008,042 801,067,995
Less Total Deductions 185,392,974 0 189,154,713 185,392,974
Total Taxable Value 615,675,021 0 628,853,329 615,675,021

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
626,904,182 615,675,021 626,904,182 615,675,021


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,229,161 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
626,904,182 615,675,021 626,904,182 615,675,021

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

108-905-02/Hidalgo ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 150,127,791 0.9221 162,810,748 150,127,791
B - MULTIFAMILY 10,148,786 N/A 10,148,786 10,148,786
C1 - VACANT LOTS 21,721,550 N/A 21,721,550 21,721,550
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,930,653 1.1724 3,352,694 3,930,653
D2 - FARM & RANCH IMP 196,839 N/A 196,839 196,839
E - NON-AG LAND AND IMPROVEMENTS 9,370,700 N/A 9,370,700 9,370,700
F1 - COMMERCIAL REAL 326,387,433 0.9759 334,447,621 326,387,433
F2 - INDUSTRIAL REAL 6,420,322 N/A 6,420,322 6,420,322
G - ALL MINERALS 561,968 N/A 561,968 561,968
J - ALL UTILITIES 15,034,923 N/A 15,034,923 15,034,923
L1 - COMMERCIAL PERSONAL 233,592,202 1.0140 230,367,063 233,592,202
L2 - INDUSTRIAL PERSONAL 21,905,008 N/A 21,905,008 21,905,008
M1 - MOBILE HOMES 512,981 N/A 512,981 512,981
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,156,839 N/A 1,156,839 1,156,839
Subtotal 801,067,995 818,008,042 801,067,995
Less Total Deductions 185,392,974 189,154,713 185,392,974
Total Taxable Value 615,675,021 628,853,329 615,675,021

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
626,904,182 615,675,021 626,904,182 615,675,021


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
11,229,161 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
626,904,182 615,675,021 626,904,182 615,675,021

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