taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

108/Hidalgo

108-912/La Joya ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,687,639,715 .9657 1,747,581,770 1,687,639,715
B. Multi-Family Residences 60,056,329 N/A 60,056,329 60,056,329
C1. Vacant Lots 135,195,103 .9321 145,043,561 135,195,103
C2. Colonia Lots 304,471 N/A 304,471 304,471
D1. Rural Real(Taxable) 21,421,048 .9268 23,112,421 21,421,048
D2. Real Prop Farm & Ranch 3,794,967 N/A 3,794,967 3,794,967
E. Real Prop NonQual Acres 106,343,758 N/A 106,343,758 106,343,758
F1. Commercial Real 275,038,404 .9648 285,072,973 275,038,404
F2. Industrial Real 78,663,252 N/A 78,663,252 78,663,252
G. Oil, Gas, Minerals 80,003,909 N/A 80,003,909 80,003,909
J. Utilities 67,142,706 N/A 67,142,706 67,142,706
L1. Commercial Personal 80,158,681 N/A 80,158,681 80,158,681
L2. Industrial Personal 33,044,847 N/A 33,044,847 33,044,847
M. Other Personal 15,716,972 N/A 15,716,972 15,716,972
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 10,992,135 N/A 10,992,135 10,992,135
S. Special Inventory 1,614,684 N/A 1,614,684 1,614,684
Subtotal 2,657,130,981 2,738,647,436 2,657,130,981
Less Total Deductions 487,135,833   498,422,971 487,135,833
Total Taxable Value 2,169,995,148 2,240,224,465 2,169,995,148 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
2,302,781,745 2,169,995,148 2,302,781,745 2,169,995,148


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
132,786,597 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
2,302,781,745 2,169,995,148 2,302,781,745 2,169,995,148

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