taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

108/Hidalgo

108-908/Mission CISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,225,028,583 .9694 1,263,697,734 1,225,028,583
B. Multi-Family Residences 68,168,542 N/A 68,168,542 68,168,542
C1. Vacant Lots 107,536,618 .9243 116,343,847 107,536,618
C2. Colonia Lots 299,369 N/A 299,369 299,369
D1. Rural Real(Taxable) 3,622,390 .8741 4,144,274 3,622,390
D2. Real Prop Farm & Ranch 2,797,522 N/A 2,797,522 2,797,522
E. Real Prop NonQual Acres 65,470,156 N/A 65,470,156 65,470,156
F1. Commercial Real 360,567,495 .9393 383,868,301 360,567,495
F2. Industrial Real 15,626,012 N/A 15,626,012 15,626,012
G. Oil, Gas, Minerals 253,410 N/A 253,410 253,410
J. Utilities 81,845,231 N/A 81,845,231 81,845,231
L1. Commercial Personal 137,975,486 1.0342 133,412,769 137,975,486
L2. Industrial Personal 9,231,211 N/A 9,231,211 9,231,211
M. Other Personal 9,064,651 N/A 9,064,651 9,064,651
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,659,552 N/A 1,659,552 1,659,552
S. Special Inventory 17,035,402 N/A 17,035,402 17,035,402
Subtotal 2,106,181,630 2,172,917,983 2,106,181,630
Less Total Deductions 363,848,732   372,979,832 363,848,732
Total Taxable Value 1,742,332,898 1,799,938,151 1,742,332,898 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
1,839,638,540 1,742,332,898 1,839,638,540 1,742,332,898


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
97,305,642 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
1,839,638,540 1,742,332,898 1,839,638,540 1,742,332,898

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