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