taxes Property Tax Assistance

2022 ISD Summary Worksheet

108-Hidalgo/Hidalgo County

108-905/Hidalgo ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 187,046,326 N/A 187,046,326 187,046,326
B - MULTIFAMILY 13,208,266 N/A 13,208,266 13,208,266
C1 - VACANT LOTS 26,636,828 N/A 26,636,828 26,636,828
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,712,405 N/A 3,712,405 3,712,405
D2 - FARM & RANCH IMP 242,843 N/A 242,843 242,843
E - NON-AG LAND AND IMPROVEMENTS 20,477,770 N/A 20,477,770 20,477,770
F1 - COMMERCIAL REAL 351,336,943 N/A 351,336,943 351,336,943
F2 - INDUSTRIAL REAL 14,541,798 N/A 14,541,798 14,541,798
G - ALL MINERALS 553,515 N/A 553,515 553,515
J - ALL UTILITIES 17,177,376 N/A 17,177,376 17,177,376
L1 - COMMERCIAL PERSONAL 318,604,145 N/A 318,604,145 318,604,145
L2 - INDUSTRIAL PERSONAL 32,414,521 N/A 32,414,521 32,414,521
M1 - MOBILE HOMES 571,303 N/A 571,303 571,303
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,586,500 N/A 1,586,500 1,586,500
Subtotal 988,110,539 0 988,110,539 988,110,539
Less Total Deductions 273,971,854 0 273,971,854 273,971,854
Total Taxable Value 714,138,685 0 714,138,685 714,138,685

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 T13
730,047,792 714,138,685 730,047,792 714,138,685 741,337,792


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
15,909,107 0 11,290,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
730,047,792 714,138,685 730,047,792 714,138,685 741,337,792

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

108-905-02/Hidalgo ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 187,046,326 N/A 187,046,326 187,046,326
B - MULTIFAMILY 13,208,266 N/A 13,208,266 13,208,266
C1 - VACANT LOTS 26,636,828 N/A 26,636,828 26,636,828
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,712,405 N/A 3,712,405 3,712,405
D2 - FARM & RANCH IMP 242,843 N/A 242,843 242,843
E - NON-AG LAND AND IMPROVEMENTS 20,477,770 N/A 20,477,770 20,477,770
F1 - COMMERCIAL REAL 351,336,943 N/A 351,336,943 351,336,943
F2 - INDUSTRIAL REAL 14,541,798 N/A 14,541,798 14,541,798
G - ALL MINERALS 553,515 N/A 553,515 553,515
J - ALL UTILITIES 17,177,376 N/A 17,177,376 17,177,376
L1 - COMMERCIAL PERSONAL 318,604,145 N/A 318,604,145 318,604,145
L2 - INDUSTRIAL PERSONAL 32,414,521 N/A 32,414,521 32,414,521
M1 - MOBILE HOMES 571,303 N/A 571,303 571,303
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,586,500 N/A 1,586,500 1,586,500
Subtotal 988,110,539 988,110,539 988,110,539
Less Total Deductions 273,971,854 273,971,854 273,971,854
Total Taxable Value 714,138,685 714,138,685 714,138,685

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 T13
730,047,792 714,138,685 730,047,792 714,138,685 741,337,792


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
15,909,107 0 11,290,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
730,047,792 714,138,685 730,047,792 714,138,685 741,337,792

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement