taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

108/Hidalgo

108-905/Hidalgo ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 107,647,943 .9495 113,373,294 107,647,943
B. Multi-Family Residences 5,445,949 N/A 5,445,949 5,445,949
C1. Vacant Lots 26,417,228 .9338 28,290,028 26,417,228
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,414,711 .9563 4,616,581 4,414,711
D2. Real Prop Farm & Ranch 141,794 N/A 141,794 141,794
E. Real Prop NonQual Acres 4,490,632 N/A 4,490,632 4,490,632
F1. Commercial Real 218,253,727 .9990 218,472,199 218,253,727
F2. Industrial Real 7,355,738 N/A 7,355,738 7,355,738
G. Oil, Gas, Minerals 6,242,392 N/A 6,242,392 6,242,392
J. Utilities 12,525,492 N/A 12,525,492 12,525,492
L1. Commercial Personal 200,256,017 1.0232 195,715,419 200,256,017
L2. Industrial Personal 6,558,483 N/A 6,558,483 6,558,483
M. Other Personal 945,473 N/A 945,473 945,473
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,273,647 N/A 1,273,647 1,273,647
Subtotal 601,969,226 605,447,121 601,969,226
Less Total Deductions 157,969,802   159,415,642 157,969,802
Total Taxable Value 443,999,424 446,031,479 443,999,424 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
455,146,010 443,999,424 455,146,010 443,999,424


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,146,586 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
455,146,010 443,999,424 455,146,010 443,999,424

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