taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

108/Hidalgo

108-903/Edcouch-Elsa ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 212,015,247 N/A 212,015,247 212,015,247
B. Multi-Family Residences 7,166,722 N/A 7,166,722 7,166,722
C1. Vacant Lots 22,319,761 N/A 22,319,761 22,319,761
C2. Colonia Lots 30,570 N/A 30,570 30,570
D1. Rural Real(Taxable) 5,055,191 N/A 5,055,191 5,055,191
D2. Real Prop Farm & Ranch 270,286 N/A 270,286 270,286
E. Real Prop NonQual Acres 15,595,622 N/A 15,595,622 15,595,622
F1. Commercial Real 50,831,739 N/A 50,831,739 50,831,739
F2. Industrial Real 1,229,166 N/A 1,229,166 1,229,166
G. Oil, Gas, Minerals 27,520 N/A 27,520 27,520
J. Utilities 10,828,140 N/A 10,828,140 10,828,140
L1. Commercial Personal 13,622,155 N/A 13,622,155 13,622,155
L2. Industrial Personal 684,353 N/A 684,353 684,353
M. Other Personal 1,260,318 N/A 1,260,318 1,260,318
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 480,842 N/A 480,842 480,842
S. Special Inventory 190,481 N/A 190,481 190,481
Subtotal 341,608,113 341,608,113 341,608,113
Less Total Deductions 65,438,143   65,438,143 65,438,143
Total Taxable Value 276,169,970 276,169,970 276,169,970 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
302,943,217 276,169,970 302,943,217 276,169,970 276,169,970 276,169,970


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
26,773,247 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
302,943,217 276,169,970 302,943,217 276,169,970 276,169,970 276,169,970

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified