taxes Property Tax Assistance

2022 ISD Summary Worksheet

108-Hidalgo/Hidalgo County

108-915/Monte Alto ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	96,443,395	N/A	96,443,395	96,443,395
B - MULTIFAMILY	1,167,359	N/A	1,167,359	1,167,359
C1 - VACANT LOTS	12,198,006	N/A	12,198,006	12,198,006
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,778,087	N/A	8,778,087	8,778,087
D2 - FARM & RANCH IMP	2,177,818	N/A	2,177,818	2,177,818
E - NON-AG LAND AND IMPROVEMENTS	50,369,045	N/A	50,369,045	50,369,045
F1 - COMMERCIAL REAL	11,696,047	N/A	11,696,047	11,696,047
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	97,079	N/A	97,079	97,079
J - ALL UTILITIES	5,433,585	N/A	5,433,585	5,433,585
L1 - COMMERCIAL PERSONAL	31,001,663	N/A	31,001,663	31,001,663
L2 - INDUSTRIAL PERSONAL	311,790	N/A	311,790	311,790
M1 - MOBILE HOMES	3,339,291	N/A	3,339,291	3,339,291
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	41,927	N/A	41,927	41,927
S - SPECIAL INVENTORY	4,658	N/A	4,658	4,658
Subtotal	223,059,750	0	223,059,750	223,059,750
Less Total Deductions	41,896,970	0	41,896,970	41,896,970
Total Taxable Value	181,162,780	0	181,162,780	181,162,780

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
190,168,164	181,162,780	190,168,164	181,162,780	196,978,164

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
9,005,384	0	6,810,000

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
190,168,164	181,162,780	190,168,164	181,162,780	196,978,164

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

108-915-02/Monte Alto ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	96,443,395	N/A	96,443,395	96,443,395
B - MULTIFAMILY	1,167,359	N/A	1,167,359	1,167,359
C1 - VACANT LOTS	12,198,006	N/A	12,198,006	12,198,006
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,778,087	N/A	8,778,087	8,778,087
D2 - FARM & RANCH IMP	2,177,818	N/A	2,177,818	2,177,818
E - NON-AG LAND AND IMPROVEMENTS	50,369,045	N/A	50,369,045	50,369,045
F1 - COMMERCIAL REAL	11,696,047	N/A	11,696,047	11,696,047
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	97,079	N/A	97,079	97,079
J - ALL UTILITIES	5,433,585	N/A	5,433,585	5,433,585
L1 - COMMERCIAL PERSONAL	31,001,663	N/A	31,001,663	31,001,663
L2 - INDUSTRIAL PERSONAL	311,790	N/A	311,790	311,790
M1 - MOBILE HOMES	3,339,291	N/A	3,339,291	3,339,291
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	41,927	N/A	41,927	41,927
S - SPECIAL INVENTORY	4,658	N/A	4,658	4,658
Subtotal	223,059,750		223,059,750	223,059,750
Less Total Deductions	41,896,970		41,896,970	41,896,970
Total Taxable Value	181,162,780		181,162,780	181,162,780

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
190,168,164	181,162,780	190,168,164	181,162,780	196,978,164

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
9,005,384	0	6,810,000

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
190,168,164	181,162,780	190,168,164	181,162,780	196,978,164

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