taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

108/Hidalgo

108-914/La Villa ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 25,966,727 N/A 25,966,727 25,966,727
B. Multi-Family Residences 422,555 N/A 422,555 422,555
C1. Vacant Lots 1,531,053 N/A 1,531,053 1,531,053
C2. Colonia Lots 4,044 N/A 4,044 4,044
D1. Rural Real(Taxable) 7,421,282 N/A 7,421,282 7,421,282
D2. Real Prop Farm & Ranch 244,252 N/A 244,252 244,252
E. Real Prop NonQual Acres 3,182,137 N/A 3,182,137 3,182,137
F1. Commercial Real 23,046,845 N/A 23,046,845 23,046,845
F2. Industrial Real 26,183,690 N/A 26,183,690 26,183,690
G. Oil, Gas, Minerals 9,062,191 N/A 9,062,191 9,062,191
J. Utilities 3,970,090 N/A 3,970,090 3,970,090
L1. Commercial Personal 4,711,503 N/A 4,711,503 4,711,503
L2. Industrial Personal 7,790,986 N/A 7,790,986 7,790,986
M. Other Personal 190,879 N/A 190,879 190,879
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 162,723 N/A 162,723 162,723
S. Special Inventory 0 N/A 0 0
Subtotal 113,890,957 113,890,957 113,890,957
Less Total Deductions 12,513,307   12,513,307 12,513,307
Total Taxable Value 101,377,650 101,377,650 101,377,650 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
105,553,664 101,377,650 105,553,664 101,377,650 101,377,650 101,377,650


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,176,014 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
105,553,664 101,377,650 105,553,664 101,377,650 101,377,650 101,377,650

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