taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

108/Hidalgo

108-912/La Joya ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 1,475,495,088 N/A 1,475,495,088 1,475,495,088
B. Multi-Family Residences 53,997,903 N/A 53,997,903 53,997,903
C1. Vacant Lots 152,866,053 N/A 152,866,053 152,866,053
C2. Colonia Lots 214,663 N/A 214,663 214,663
D1. Rural Real(Taxable) 20,528,191 N/A 20,528,191 20,528,191
D2. Real Prop Farm & Ranch 3,355,640 N/A 3,355,640 3,355,640
E. Real Prop NonQual Acres 86,116,608 N/A 86,116,608 86,116,608
F1. Commercial Real 250,673,875 N/A 250,673,875 250,673,875
F2. Industrial Real 85,566,210 N/A 85,566,210 85,566,210
G. Oil, Gas, Minerals 106,082,109 N/A 106,082,109 106,082,109
J. Utilities 64,714,087 N/A 64,714,087 64,714,087
L1. Commercial Personal 75,925,582 N/A 75,925,582 75,925,582
L2. Industrial Personal 46,869,146 N/A 46,869,146 46,869,146
M. Other Personal 15,665,657 N/A 15,665,657 15,665,657
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 11,573,205 N/A 11,573,205 11,573,205
S. Special Inventory 1,581,942 N/A 1,581,942 1,581,942
Subtotal 2,451,225,959 2,451,225,959 2,451,225,959
Less Total Deductions 341,569,301   341,569,301 341,569,301
Total Taxable Value 2,109,656,658 2,109,656,658 2,109,656,658 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
2,244,346,476 2,109,656,658 2,244,346,476 2,109,656,658 2,109,656,658 2,109,656,658


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
134,689,818 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
2,244,346,476 2,109,656,658 2,244,346,476 2,109,656,658 2,109,656,658 2,109,656,658

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