taxes Property Tax Assistance

2022 ISD Summary Worksheet

108-Hidalgo /Hidalgo County

108-910/Progreso ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 167,048,254 N/A 167,048,254 167,048,254
B - MULTIFAMILY 4,793,773 N/A 4,793,773 4,793,773
C1 - VACANT LOTS 17,387,933 N/A 17,387,933 17,387,933
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,638,676 N/A 3,638,676 3,638,676
D2 - FARM & RANCH IMP 284,385 N/A 284,385 284,385
E - NON-AG LAND AND IMPROVEMENTS 25,617,171 N/A 25,617,171 25,617,171
F1 - COMMERCIAL REAL 34,634,178 N/A 34,634,178 34,634,178
F2 - INDUSTRIAL REAL 821,459 N/A 821,459 821,459
G - ALL MINERALS 8,410 N/A 8,410 8,410
J - ALL UTILITIES 16,165,940 N/A 16,165,940 16,165,940
L1 - COMMERCIAL PERSONAL 18,113,136 N/A 18,113,136 18,113,136
L2 - INDUSTRIAL PERSONAL 520,921 N/A 520,921 520,921
M1 - MOBILE HOMES 1,412,806 N/A 1,412,806 1,412,806
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 110,112 N/A 110,112 110,112
Subtotal 290,557,154 0 290,557,154 290,557,154
Less Total Deductions 63,021,151 0 63,021,151 63,021,151
Total Taxable Value 227,536,003 0 227,536,003 227,536,003

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
242,253,588 227,536,003 242,253,588 227,536,003 253,353,588


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
14,717,585 0 11,100,000


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
242,253,588 227,536,003 242,253,588 227,536,003 253,353,588

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

108-910-02/Progreso ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 167,048,254 N/A 167,048,254 167,048,254
B - MULTIFAMILY 4,793,773 N/A 4,793,773 4,793,773
C1 - VACANT LOTS 17,387,933 N/A 17,387,933 17,387,933
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,638,676 N/A 3,638,676 3,638,676
D2 - FARM & RANCH IMP 284,385 N/A 284,385 284,385
E - NON-AG LAND AND IMPROVEMENTS 25,617,171 N/A 25,617,171 25,617,171
F1 - COMMERCIAL REAL 34,634,178 N/A 34,634,178 34,634,178
F2 - INDUSTRIAL REAL 821,459 N/A 821,459 821,459
G - ALL MINERALS 8,410 N/A 8,410 8,410
J - ALL UTILITIES 16,165,940 N/A 16,165,940 16,165,940
L1 - COMMERCIAL PERSONAL 18,113,136 N/A 18,113,136 18,113,136
L2 - INDUSTRIAL PERSONAL 520,921 N/A 520,921 520,921
M1 - MOBILE HOMES 1,412,806 N/A 1,412,806 1,412,806
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 110,112 N/A 110,112 110,112
Subtotal 290,557,154 290,557,154 290,557,154
Less Total Deductions 63,021,151 63,021,151 63,021,151
Total Taxable Value 227,536,003 227,536,003 227,536,003

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
242,253,588 227,536,003 242,253,588 227,536,003 253,353,588


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
14,717,585 0 11,100,000


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
242,253,588 227,536,003 242,253,588 227,536,003 253,353,588

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