taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

108/Hidalgo

108-910/Progreso ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 96,570,870 .9573 100,878,377 96,570,870
B. Multi-Family Residences 2,423,052 N/A 2,423,052 2,423,052
C1. Vacant Lots 16,232,023 .9694 16,744,402 16,232,023
C2. Colonia Lots 49,129 N/A 49,129 49,129
D1. Rural Real(Taxable) 4,615,587 .9543 4,836,520 4,615,587
D2. Real Prop Farm & Ranch 197,985 N/A 197,985 197,985
E. Real Prop NonQual Acres 11,304,704 .9219 12,262,397 11,304,704
F1. Commercial Real 23,610,115 1.0110 23,353,229 23,610,115
F2. Industrial Real 719,452 N/A 719,452 719,452
G. Oil, Gas, Minerals 262,510 N/A 262,510 262,510
J. Utilities 3,233,893 N/A 3,233,893 3,233,893
L1. Commercial Personal 8,633,714 N/A 8,633,714 8,633,714
L2. Industrial Personal 693,609 N/A 693,609 693,609
M. Other Personal 787,442 N/A 787,442 787,442
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 8,830 N/A 8,830 8,830
S. Special Inventory 86,545 N/A 86,545 86,545
Subtotal 169,429,460 175,171,086 169,429,460
Less Total Deductions 33,356,511   34,281,116 33,356,511
Total Taxable Value 136,072,949 140,889,970 136,072,949 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
145,544,458 136,072,949 145,544,458 136,072,949


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,471,509 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
145,544,458 136,072,949 145,544,458 136,072,949

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