taxes Property Tax Assistance

2022 ISD Summary Worksheet

Mercedes ISD (all splits)   Hidalgo County  

108-Hidalgo/Hidalgo County

108-907/Mercedes ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 460,683,938 N/A 460,683,938 460,683,938
B - MULTIFAMILY 31,215,173 N/A 31,215,173 31,215,173
C1 - VACANT LOTS 29,576,341 N/A 29,576,341 29,576,341
C2 - COLONIA LOTS 11,760 N/A 11,760 11,760
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,607,077 N/A 7,607,077 7,607,077
D2 - FARM & RANCH IMP 1,083,121 N/A 1,083,121 1,083,121
E - NON-AG LAND AND IMPROVEMENTS 36,317,641 N/A 36,317,641 36,317,641
F1 - COMMERCIAL REAL 199,632,969 N/A 199,632,969 199,632,969
F2 - INDUSTRIAL REAL 2,846,827 N/A 2,846,827 2,846,827
G - ALL MINERALS 46,030 N/A 46,030 46,030
J - ALL UTILITIES 30,962,500 N/A 30,962,500 30,962,500
L1 - COMMERCIAL PERSONAL 72,133,623 N/A 72,133,623 72,133,623
L2 - INDUSTRIAL PERSONAL 4,029,084 N/A 4,029,084 4,029,084
M1 - MOBILE HOMES 3,238,572 N/A 3,238,572 3,238,572
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 100,453 N/A 100,453 100,453
S - SPECIAL INVENTORY 2,979,687 N/A 2,979,687 2,979,687
Subtotal 882,464,796 0 882,464,796 882,464,796
Less Total Deductions 189,607,465 0 189,607,465 189,607,465
Total Taxable Value 692,857,331 0 692,857,331 692,857,331

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's office 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 school 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

Measure Value Description
T1 735,338,876 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 692,857,331 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 735,338,876 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 692,857,331 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 767,798,876 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 735,338,876 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 692,857,331 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 735,338,876 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 692,857,331 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 767,798,876 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 42,481,545 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 32,460,000 Loss to the second most recent increase in the state-mandated homestead exemption

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


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108-907-02/Mercedes ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 460,683,938 N/A 460,683,938 460,683,938
B - MULTIFAMILY 31,215,173 N/A 31,215,173 31,215,173
C1 - VACANT LOTS 29,576,341 N/A 29,576,341 29,576,341
C2 - COLONIA LOTS 11,760 N/A 11,760 11,760
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,607,077 N/A 7,607,077 7,607,077
D2 - FARM & RANCH IMP 1,083,121 N/A 1,083,121 1,083,121
E - NON-AG LAND AND IMPROVEMENTS 36,317,641 N/A 36,317,641 36,317,641
F1 - COMMERCIAL REAL 199,632,969 N/A 199,632,969 199,632,969
F2 - INDUSTRIAL REAL 2,846,827 N/A 2,846,827 2,846,827
G - ALL MINERALS 46,030 N/A 46,030 46,030
J - ALL UTILITIES 30,962,500 N/A 30,962,500 30,962,500
L1 - COMMERCIAL PERSONAL 72,133,623 N/A 72,133,623 72,133,623
L2 - INDUSTRIAL PERSONAL 4,029,084 N/A 4,029,084 4,029,084
M1 - MOBILE HOMES 3,238,572 N/A 3,238,572 3,238,572
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 100,453 N/A 100,453 100,453
S - SPECIAL INVENTORY 2,979,687 N/A 2,979,687 2,979,687
Subtotal 882,464,796 882,464,796 882,464,796
Less Total Deductions 189,607,465 189,607,465 189,607,465
Total Taxable Value 692,857,331 692,857,331 692,857,331

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's office 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 school 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

Measure Value Description
T1 735,338,876 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 692,857,331 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 735,338,876 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 692,857,331 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 767,798,876 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 735,338,876 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 692,857,331 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 735,338,876 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 692,857,331 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 767,798,876 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 42,481,545 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 32,460,000 Loss to the second most recent increase in the state-mandated homestead exemption

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