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2023 ISD Summary Worksheet
108-Hidalgo/Hidalgo County
108-907/Mercedes ISD
| Category | Local Tax Roll Value | 2023 WTD Mean Ratio | 2023 PTAD Value Estimate | 2023 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 570,584,314 | 1.0067 | 566,786,842 | 570,584,314 |
| B - MULTIFAMILY | 37,571,832 | N/A | 37,571,832 | 37,571,832 |
| C1 - VACANT LOTS | 41,598,923 | N/A | 41,598,923 | 41,598,923 |
| C2 - COLONIA LOTS | 23,856 | N/A | 23,856 | 23,856 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 8,182,831 | 1.0430 | 7,845,188 | 8,182,831 |
| D2 - FARM & RANCH IMP | 1,275,591 | N/A | 1,275,591 | 1,275,591 |
| E - NON-AG LAND AND IMPROVEMENTS | 43,432,767 | N/A | 43,432,767 | 43,432,767 |
| F1 - COMMERCIAL REAL | 218,631,318 | 1.0371 | 210,810,257 | 218,631,318 |
| F2 - INDUSTRIAL REAL | 3,356,035 | N/A | 3,356,035 | 3,356,035 |
| G - ALL MINERALS | 107,070 | N/A | 107,070 | 107,070 |
| J - ALL UTILITIES | 32,481,869 | N/A | 32,481,869 | 32,481,869 |
| L1 - COMMERCIAL PERSONAL | 79,226,384 | 1.0260 | 77,218,698 | 79,226,384 |
| L2 - INDUSTRIAL PERSONAL | 4,501,972 | N/A | 4,501,972 | 4,501,972 |
| M1 - MOBILE HOMES | 4,179,023 | N/A | 4,179,023 | 4,179,023 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 3,431,849 | N/A | 3,431,849 | 3,431,849 |
| S - SPECIAL INVENTORY | 3,269,976 | N/A | 3,269,976 | 3,269,976 |
| Subtotal | 1,051,855,610 | 0 | 1,037,891,748 | 1,051,855,610 |
| Less Total Deductions | 331,717,569 | 0 | 330,506,413 | 331,717,569 |
| Total Taxable Value | 720,138,041 | 0 | 707,385,335 | 720,138,041 |
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 | 829,191,855 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 720,138,041 | 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 | 829,191,855 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 720,138,041 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 879,201,855 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 912,541,855 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 731,377,822 | 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 | 829,191,855 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 720,138,041 | 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 | 829,191,855 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 720,138,041 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 879,201,855 | T13 plus the loss to the chapter 313 agreement |
| T16 | 912,541,855 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 731,377,822 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 109,053,814 | 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 | 50,010,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 33,340,000 | 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
108-907-02/Mercedes ISD
| Category | Local Tax Roll Value | 2023 WTD Mean Ratio | 2023 PTAD Value Estimate | 2023 Value Assigned |
|---|---|---|---|---|
| A - SINGLE-FAMILY | 570,584,314 | 1.0067 | 566,786,842 | 570,584,314 |
| B - MULTIFAMILY | 37,571,832 | N/A | 37,571,832 | 37,571,832 |
| C1 - VACANT LOTS | 41,598,923 | N/A | 41,598,923 | 41,598,923 |
| C2 - COLONIA LOTS | 23,856 | N/A | 23,856 | 23,856 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND | 8,182,831 | 1.0430 | 7,845,188 | 8,182,831 |
| D2 - FARM & RANCH IMP | 1,275,591 | N/A | 1,275,591 | 1,275,591 |
| E - NON-AG LAND AND IMPROVEMENTS | 43,432,767 | N/A | 43,432,767 | 43,432,767 |
| F1 - COMMERCIAL REAL | 218,631,318 | 1.0371 | 210,810,257 | 218,631,318 |
| F2 - INDUSTRIAL REAL | 3,356,035 | N/A | 3,356,035 | 3,356,035 |
| G - ALL MINERALS | 107,070 | N/A | 107,070 | 107,070 |
| J - ALL UTILITIES | 32,481,869 | N/A | 32,481,869 | 32,481,869 |
| L1 - COMMERCIAL PERSONAL | 79,226,384 | 1.0260 | 77,218,698 | 79,226,384 |
| L2 - INDUSTRIAL PERSONAL | 4,501,972 | N/A | 4,501,972 | 4,501,972 |
| M1 - MOBILE HOMES | 4,179,023 | N/A | 4,179,023 | 4,179,023 |
| N - INTANGIBLE PERSONAL PROPERTY | 0 | N/A | 0 | 0 |
| O - RESIDENTIAL INVENTORY | 3,431,849 | N/A | 3,431,849 | 3,431,849 |
| S - SPECIAL INVENTORY | 3,269,976 | N/A | 3,269,976 | 3,269,976 |
| Subtotal | 1,051,855,610 | 1,037,891,748 | 1,051,855,610 | |
| Less Total Deductions | 331,717,569 | 330,506,413 | 331,717,569 | |
| Total Taxable Value | 720,138,041 | 707,385,335 | 720,138,041 |
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 | 829,191,855 | School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 | 720,138,041 | 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 | 829,191,855 | T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 | 720,138,041 | T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 | 879,201,855 | T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 | 912,541,855 | T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 | 731,377,822 | 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 | 829,191,855 | School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 | 720,138,041 | 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 | 829,191,855 | T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 | 720,138,041 | T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 | 879,201,855 | T13 plus the loss to the chapter 313 agreement |
| T16 | 912,541,855 | T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 | 731,377,822 | T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|---|---|
| LOSS_INCR_HMSTD | 109,053,814 | 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 | 50,010,000 | Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD | 33,340,000 | Loss to Second Previous Homestead Increase |