taxes Property Tax Assistance

2023 ISD Summary Worksheet

108-Hidalgo/Hidalgo County

108-915/Monte Alto ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 120,614,344 0.9532 126,536,240 120,614,344
B - MULTIFAMILY 1,414,097 N/A 1,414,097 1,414,097
C1 - VACANT LOTS 14,285,901 1.1519 12,402,032 14,285,901
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,611,371 1.0406 9,236,698 9,611,371
D2 - FARM & RANCH IMP 2,843,918 N/A 2,843,918 2,843,918
E - NON-AG LAND AND IMPROVEMENTS 63,018,334 1.0004 62,993,137 63,018,334
F1 - COMMERCIAL REAL 16,152,000 1.0008 16,139,089 16,152,000
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 97,619 N/A 97,619 97,619
J - ALL UTILITIES 5,999,476 N/A 5,999,476 5,999,476
L1 - COMMERCIAL PERSONAL 31,956,421 1.0955 29,170,626 31,956,421
L2 - INDUSTRIAL PERSONAL 338,130 N/A 338,130 338,130
M1 - MOBILE HOMES 4,587,122 N/A 4,587,122 4,587,122
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 95,288 N/A 95,288 95,288
S - SPECIAL INVENTORY 7,971 N/A 7,971 7,971
Subtotal 271,021,992 0 271,861,443 271,021,992
Less Total Deductions 74,046,178 0 75,854,850 74,046,178
Total Taxable Value 196,975,814 0 196,006,593 196,975,814

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 222,331,147 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 196,975,814 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 222,331,147 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 196,975,814 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 232,741,147 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 239,681,147 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 199,229,346 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 222,331,147 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 196,975,814 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 222,331,147 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 196,975,814 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 232,741,147 T13 plus the loss to the chapter 313 agreement
T16 239,681,147 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 199,229,346 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 25,355,333 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 10,410,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 6,940,000 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

108-915-02/Monte Alto ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 120,614,344 0.9532 126,536,240 120,614,344
B - MULTIFAMILY 1,414,097 N/A 1,414,097 1,414,097
C1 - VACANT LOTS 14,285,901 1.1519 12,402,032 14,285,901
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 9,611,371 1.0406 9,236,698 9,611,371
D2 - FARM & RANCH IMP 2,843,918 N/A 2,843,918 2,843,918
E - NON-AG LAND AND IMPROVEMENTS 63,018,334 1.0004 62,993,137 63,018,334
F1 - COMMERCIAL REAL 16,152,000 1.0008 16,139,089 16,152,000
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 97,619 N/A 97,619 97,619
J - ALL UTILITIES 5,999,476 N/A 5,999,476 5,999,476
L1 - COMMERCIAL PERSONAL 31,956,421 1.0955 29,170,626 31,956,421
L2 - INDUSTRIAL PERSONAL 338,130 N/A 338,130 338,130
M1 - MOBILE HOMES 4,587,122 N/A 4,587,122 4,587,122
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 95,288 N/A 95,288 95,288
S - SPECIAL INVENTORY 7,971 N/A 7,971 7,971
Subtotal 271,021,992 271,861,443 271,021,992
Less Total Deductions 74,046,178 75,854,850 74,046,178
Total Taxable Value 196,975,814 196,006,593 196,975,814

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 222,331,147 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 196,975,814 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 222,331,147 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 196,975,814 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 232,741,147 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 239,681,147 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 199,229,346 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 222,331,147 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 196,975,814 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 222,331,147 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 196,975,814 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 232,741,147 T13 plus the loss to the chapter 313 agreement
T16 239,681,147 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 199,229,346 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 25,355,333 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 10,410,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 6,940,000 Loss to Second Previous Homestead Increase