taxes Property Tax Assistance

2023 ISD Summary Worksheet

Weslaco ISD (all splits)   Hidalgo County  

108-Hidalgo/Hidalgo County

108-913/Weslaco ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 2,883,904,973 0.9806 2,940,959,589 2,883,904,973
B - MULTIFAMILY 261,573,543 0.9484 275,805,085 261,573,543
C1 - VACANT LOTS 209,099,508 N/A 209,099,508 209,099,508
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,595,201 1.0377 5,391,875 5,595,201
D2 - FARM & RANCH IMP 705,544 N/A 705,544 705,544
E - NON-AG LAND AND IMPROVEMENTS 122,689,137 N/A 122,689,137 122,689,137
F1 - COMMERCIAL REAL 779,393,340 0.9332 835,183,605 779,393,340
F2 - INDUSTRIAL REAL 13,039,948 N/A 13,039,948 13,039,948
G - ALL MINERALS 2,005,460 N/A 2,005,460 2,005,460
J - ALL UTILITIES 58,013,321 N/A 58,013,321 58,013,321
L1 - COMMERCIAL PERSONAL 263,930,600 1.0073 262,017,870 263,930,600
L2 - INDUSTRIAL PERSONAL 10,339,622 N/A 10,339,622 10,339,622
M1 - MOBILE HOMES 94,215,008 N/A 94,215,008 94,215,008
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,431,315 N/A 6,431,315 6,431,315
S - SPECIAL INVENTORY 32,575,828 N/A 32,575,828 32,575,828
Subtotal 4,743,512,348 0 4,868,472,715 4,743,512,348
Less Total Deductions 1,490,310,402 0 1,507,160,152 1,490,310,402
Total Taxable Value 3,253,201,946 0 3,361,312,563 3,253,201,946

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

Measure Value Description
T1 3,722,355,736 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,253,201,946 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 3,722,355,736 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,253,201,946 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,903,000,736 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 4,023,430,736 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 3,310,173,628 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 3,722,355,736 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,253,201,946 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 3,722,355,736 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,253,201,946 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,903,000,736 T13 plus the loss to the chapter 313 agreement
T16 4,023,430,736 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 3,310,173,628 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 469,153,790 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 180,645,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 120,430,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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108-913-02/Weslaco ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 2,883,904,973 0.9806 2,940,959,589 2,883,904,973
B - MULTIFAMILY 261,573,543 0.9484 275,805,085 261,573,543
C1 - VACANT LOTS 209,099,508 N/A 209,099,508 209,099,508
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,595,201 1.0377 5,391,875 5,595,201
D2 - FARM & RANCH IMP 705,544 N/A 705,544 705,544
E - NON-AG LAND AND IMPROVEMENTS 122,689,137 N/A 122,689,137 122,689,137
F1 - COMMERCIAL REAL 779,393,340 0.9332 835,183,605 779,393,340
F2 - INDUSTRIAL REAL 13,039,948 N/A 13,039,948 13,039,948
G - ALL MINERALS 2,005,460 N/A 2,005,460 2,005,460
J - ALL UTILITIES 58,013,321 N/A 58,013,321 58,013,321
L1 - COMMERCIAL PERSONAL 263,930,600 1.0073 262,017,870 263,930,600
L2 - INDUSTRIAL PERSONAL 10,339,622 N/A 10,339,622 10,339,622
M1 - MOBILE HOMES 94,215,008 N/A 94,215,008 94,215,008
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,431,315 N/A 6,431,315 6,431,315
S - SPECIAL INVENTORY 32,575,828 N/A 32,575,828 32,575,828
Subtotal 4,743,512,348 4,868,472,715 4,743,512,348
Less Total Deductions 1,490,310,402 1,507,160,152 1,490,310,402
Total Taxable Value 3,253,201,946 3,361,312,563 3,253,201,946

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

Measure Value Description
T1 3,722,355,736 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,253,201,946 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 3,722,355,736 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,253,201,946 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,903,000,736 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 4,023,430,736 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 3,310,173,628 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 3,722,355,736 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,253,201,946 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 3,722,355,736 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,253,201,946 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 3,903,000,736 T13 plus the loss to the chapter 313 agreement
T16 4,023,430,736 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 3,310,173,628 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 469,153,790 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 180,645,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 120,430,000 Loss to Second Previous Homestead Increase

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