taxes Property Tax Assistance

2022 ISD Summary Worksheet

108-Hidalgo/Hidalgo County

108-916/Valley View ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 596,604,675 N/A 596,604,675 596,604,675
B - MULTIFAMILY 18,974,908 N/A 18,974,908 18,974,908
C1 - VACANT LOTS 47,711,650 N/A 47,711,650 47,711,650
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,048,021 N/A 1,048,021 1,048,021
D2 - FARM & RANCH IMP 2,959 N/A 2,959 2,959
E - NON-AG LAND AND IMPROVEMENTS 6,320,553 N/A 6,320,553 6,320,553
F1 - COMMERCIAL REAL 287,659,536 N/A 287,659,536 287,659,536
F2 - INDUSTRIAL REAL 2,434,842 N/A 2,434,842 2,434,842
G - ALL MINERALS 42,049 N/A 42,049 42,049
J - ALL UTILITIES 9,658,824 N/A 9,658,824 9,658,824
L1 - COMMERCIAL PERSONAL 124,904,735 N/A 124,904,735 124,904,735
L2 - INDUSTRIAL PERSONAL 1,857,327 N/A 1,857,327 1,857,327
M1 - MOBILE HOMES 108,444 N/A 108,444 108,444
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 320,343 N/A 320,343 320,343
S - SPECIAL INVENTORY 2,361,373 N/A 2,361,373 2,361,373
Subtotal 1,100,010,239 0 1,100,010,239 1,100,010,239
Less Total Deductions 172,497,393 0 172,497,393 172,497,393
Total Taxable Value 927,512,846 0 927,512,846 927,512,846

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
966,444,215 927,512,846 966,444,215 927,512,846 993,004,215


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
38,931,369 0 26,560,000


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
966,444,215 927,512,846 966,444,215 927,512,846 993,004,215

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

108-916-02/Valley View ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 596,604,675 N/A 596,604,675 596,604,675
B - MULTIFAMILY 18,974,908 N/A 18,974,908 18,974,908
C1 - VACANT LOTS 47,711,650 N/A 47,711,650 47,711,650
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,048,021 N/A 1,048,021 1,048,021
D2 - FARM & RANCH IMP 2,959 N/A 2,959 2,959
E - NON-AG LAND AND IMPROVEMENTS 6,320,553 N/A 6,320,553 6,320,553
F1 - COMMERCIAL REAL 287,659,536 N/A 287,659,536 287,659,536
F2 - INDUSTRIAL REAL 2,434,842 N/A 2,434,842 2,434,842
G - ALL MINERALS 42,049 N/A 42,049 42,049
J - ALL UTILITIES 9,658,824 N/A 9,658,824 9,658,824
L1 - COMMERCIAL PERSONAL 124,904,735 N/A 124,904,735 124,904,735
L2 - INDUSTRIAL PERSONAL 1,857,327 N/A 1,857,327 1,857,327
M1 - MOBILE HOMES 108,444 N/A 108,444 108,444
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 320,343 N/A 320,343 320,343
S - SPECIAL INVENTORY 2,361,373 N/A 2,361,373 2,361,373
Subtotal 1,100,010,239 1,100,010,239 1,100,010,239
Less Total Deductions 172,497,393 172,497,393 172,497,393
Total Taxable Value 927,512,846 927,512,846 927,512,846

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
966,444,215 927,512,846 966,444,215 927,512,846 993,004,215


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
38,931,369 0 26,560,000


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
966,444,215 927,512,846 966,444,215 927,512,846 993,004,215

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