taxes Property Tax Assistance

2021 ISD Summary Worksheet

108-Hidalgo /Hidalgo County

108-910/Progreso ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 140,585,921 0.9589 146,611,660 140,585,921
B - MULTIFAMILY 3,821,707 N/A 3,821,707 3,821,707
C1 - VACANT LOTS 14,953,705 1.0511 14,226,720 14,953,705
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,936,332 1.1026 3,570,158 3,936,332
D2 - FARM & RANCH IMP 287,783 N/A 287,783 287,783
E - NON-AG LAND AND IMPROVEMENTS 21,898,316 1.0030 21,832,818 21,898,316
F1 - COMMERCIAL REAL 32,561,159 0.9267 35,136,677 32,561,159
F2 - INDUSTRIAL REAL 778,779 N/A 778,779 778,779
G - ALL MINERALS 8,180 N/A 8,180 8,180
J - ALL UTILITIES 15,734,860 0.9534 16,503,944 15,734,860
L1 - COMMERCIAL PERSONAL 17,885,065 1.0091 17,723,779 17,885,065
L2 - INDUSTRIAL PERSONAL 647,662 N/A 647,662 647,662
M1 - MOBILE HOMES 1,308,701 N/A 1,308,701 1,308,701
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 157,736 N/A 157,736 157,736
Subtotal 254,565,906 0 262,616,304 254,565,906
Less Total Deductions 42,536,861 0 44,040,791 42,536,861
Total Taxable Value 212,029,045 0 218,575,513 212,029,045

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
222,770,260 212,029,045 222,770,260 212,029,045


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,741,215 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
222,770,260 212,029,045 222,770,260 212,029,045

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

108-910-02/Progreso ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 140,585,921 0.9589 146,611,660 140,585,921
B - MULTIFAMILY 3,821,707 N/A 3,821,707 3,821,707
C1 - VACANT LOTS 14,953,705 1.0511 14,226,720 14,953,705
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,936,332 1.1026 3,570,158 3,936,332
D2 - FARM & RANCH IMP 287,783 N/A 287,783 287,783
E - NON-AG LAND AND IMPROVEMENTS 21,898,316 1.0030 21,832,818 21,898,316
F1 - COMMERCIAL REAL 32,561,159 0.9267 35,136,677 32,561,159
F2 - INDUSTRIAL REAL 778,779 N/A 778,779 778,779
G - ALL MINERALS 8,180 N/A 8,180 8,180
J - ALL UTILITIES 15,734,860 0.9534 16,503,944 15,734,860
L1 - COMMERCIAL PERSONAL 17,885,065 1.0091 17,723,779 17,885,065
L2 - INDUSTRIAL PERSONAL 647,662 N/A 647,662 647,662
M1 - MOBILE HOMES 1,308,701 N/A 1,308,701 1,308,701
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 157,736 N/A 157,736 157,736
Subtotal 254,565,906 262,616,304 254,565,906
Less Total Deductions 42,536,861 44,040,791 42,536,861
Total Taxable Value 212,029,045 218,575,513 212,029,045

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
222,770,260 212,029,045 222,770,260 212,029,045


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
10,741,215 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
222,770,260 212,029,045 222,770,260 212,029,045

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