taxes Property Tax Assistance

2023 ISD Summary Worksheet

108-Hidalgo/Hidalgo County

108-910/Progreso ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 233,019,085 1.0471 222,537,566 233,019,085
B - MULTIFAMILY 6,683,762 N/A 6,683,762 6,683,762
C1 - VACANT LOTS 27,451,461 1.0694 25,669,965 27,451,461
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,896,004 1.0007 3,893,390 3,896,004
D2 - FARM & RANCH IMP 373,738 N/A 373,738 373,738
E - NON-AG LAND AND IMPROVEMENTS 42,200,477 1.0504 40,175,625 42,200,477
F1 - COMMERCIAL REAL 48,738,947 0.9665 50,428,295 48,738,947
F2 - INDUSTRIAL REAL 2,122,218 N/A 2,122,218 2,122,218
G - ALL MINERALS 34,490 N/A 34,490 34,490
J - ALL UTILITIES 19,015,649 N/A 19,015,649 19,015,649
L1 - COMMERCIAL PERSONAL 18,482,368 1.0874 16,996,844 18,482,368
L2 - INDUSTRIAL PERSONAL 605,881 N/A 605,881 605,881
M1 - MOBILE HOMES 1,845,785 N/A 1,845,785 1,845,785
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 52,836 N/A 52,836 52,836
Subtotal 404,522,701 0 390,436,044 404,522,701
Less Total Deductions 127,530,086 0 124,228,627 127,530,086
Total Taxable Value 276,992,615 0 266,207,417 276,992,615

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 314,210,977 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 276,992,615 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 314,210,977 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 276,992,615 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 331,205,977 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 342,535,977 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 280,487,163 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 314,210,977 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 276,992,615 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 314,210,977 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 276,992,615 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 331,205,977 T13 plus the loss to the chapter 313 agreement
T16 342,535,977 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 280,487,163 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 37,218,362 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 16,995,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 11,330,000 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

108-910-02/Progreso ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 233,019,085 1.0471 222,537,566 233,019,085
B - MULTIFAMILY 6,683,762 N/A 6,683,762 6,683,762
C1 - VACANT LOTS 27,451,461 1.0694 25,669,965 27,451,461
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,896,004 1.0007 3,893,390 3,896,004
D2 - FARM & RANCH IMP 373,738 N/A 373,738 373,738
E - NON-AG LAND AND IMPROVEMENTS 42,200,477 1.0504 40,175,625 42,200,477
F1 - COMMERCIAL REAL 48,738,947 0.9665 50,428,295 48,738,947
F2 - INDUSTRIAL REAL 2,122,218 N/A 2,122,218 2,122,218
G - ALL MINERALS 34,490 N/A 34,490 34,490
J - ALL UTILITIES 19,015,649 N/A 19,015,649 19,015,649
L1 - COMMERCIAL PERSONAL 18,482,368 1.0874 16,996,844 18,482,368
L2 - INDUSTRIAL PERSONAL 605,881 N/A 605,881 605,881
M1 - MOBILE HOMES 1,845,785 N/A 1,845,785 1,845,785
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 52,836 N/A 52,836 52,836
Subtotal 404,522,701 390,436,044 404,522,701
Less Total Deductions 127,530,086 124,228,627 127,530,086
Total Taxable Value 276,992,615 266,207,417 276,992,615

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 314,210,977 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 276,992,615 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 314,210,977 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 276,992,615 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 331,205,977 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 342,535,977 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 280,487,163 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 314,210,977 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 276,992,615 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 314,210,977 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 276,992,615 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 331,205,977 T13 plus the loss to the chapter 313 agreement
T16 342,535,977 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 280,487,163 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 37,218,362 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 16,995,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 11,330,000 Loss to Second Previous Homestead Increase