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 96,821,172 N/A 96,821,172 96,821,172
B - MULTIFAMILY 1,167,359 N/A 1,167,359 1,167,359
C1 - VACANT LOTS 12,252,885 N/A 12,252,885 12,252,885
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,771,878 N/A 8,771,878 8,771,878
D2 - FARM & RANCH IMP 2,192,338 N/A 2,192,338 2,192,338
E - NON-AG LAND AND IMPROVEMENTS 51,121,569 N/A 51,121,569 51,121,569
F1 - COMMERCIAL REAL 12,076,825 N/A 12,076,825 12,076,825
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 31,071,617 N/A 31,071,617 31,071,617
L2 - INDUSTRIAL PERSONAL 311,790 N/A 311,790 311,790
M1 - MOBILE HOMES 3,372,255 N/A 3,372,255 3,372,255
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 224,736,937 0 224,736,937 224,736,937
Less Total Deductions 40,972,311 0 40,972,311 40,972,311
Total Taxable Value 183,764,626 0 183,764,626 183,764,626

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
192,468,437 183,764,626 192,468,437 183,764,626 199,078,437


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
8,703,811 0 6,610,000


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
192,468,437 183,764,626 192,468,437 183,764,626 199,078,437

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 96,821,172 N/A 96,821,172 96,821,172
B - MULTIFAMILY 1,167,359 N/A 1,167,359 1,167,359
C1 - VACANT LOTS 12,252,885 N/A 12,252,885 12,252,885
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,771,878 N/A 8,771,878 8,771,878
D2 - FARM & RANCH IMP 2,192,338 N/A 2,192,338 2,192,338
E - NON-AG LAND AND IMPROVEMENTS 51,121,569 N/A 51,121,569 51,121,569
F1 - COMMERCIAL REAL 12,076,825 N/A 12,076,825 12,076,825
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 31,071,617 N/A 31,071,617 31,071,617
L2 - INDUSTRIAL PERSONAL 311,790 N/A 311,790 311,790
M1 - MOBILE HOMES 3,372,255 N/A 3,372,255 3,372,255
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 224,736,937 224,736,937 224,736,937
Less Total Deductions 40,972,311 40,972,311 40,972,311
Total Taxable Value 183,764,626 183,764,626 183,764,626

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
192,468,437 183,764,626 192,468,437 183,764,626 199,078,437


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
8,703,811 0 6,610,000


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
192,468,437 183,764,626 192,468,437 183,764,626 199,078,437

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