taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

108/Hidalgo

108-903/Edcouch-Elsa ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 233,517,868 .9653 241,912,222 233,517,868
B. Multi-Family Residences 8,493,519 N/A 8,493,519 8,493,519
C1. Vacant Lots 22,089,696 .9207 23,992,284 22,089,696
C2. Colonia Lots 29,921 N/A 29,921 29,921
D1. Rural Real(Taxable) 5,226,744 .9377 5,573,788 5,226,744
D2. Real Prop Farm & Ranch 270,877 N/A 270,877 270,877
E. Real Prop NonQual Acres 18,425,505 N/A 18,425,505 18,425,505
F1. Commercial Real 58,210,297 .9510 61,209,566 58,210,297
F2. Industrial Real 810,837 N/A 810,837 810,837
G. Oil, Gas, Minerals 9,425 N/A 9,425 9,425
J. Utilities 11,081,350 N/A 11,081,350 11,081,350
L1. Commercial Personal 24,151,305 N/A 24,151,305 24,151,305
L2. Industrial Personal 594,583 N/A 594,583 594,583
M. Other Personal 1,403,898 N/A 1,403,898 1,403,898
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 284,069 N/A 284,069 284,069
S. Special Inventory 263,797 N/A 263,797 263,797
Subtotal 384,863,691 398,506,946 384,863,691
Less Total Deductions 90,046,957   92,245,917 90,046,957
Total Taxable Value 294,816,734 306,261,029 294,816,734 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
319,878,559 294,816,734 319,878,559 294,816,734


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
25,061,825 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
319,878,559 294,816,734 319,878,559 294,816,734

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

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