taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

108/Hidalgo

108-914/La Villa ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 29,204,279 .9009 32,416,782 29,204,279
B. Multi-Family Residences 412,876 N/A 412,876 412,876
C1. Vacant Lots 1,715,602 N/A 1,715,602 1,715,602
C2. Colonia Lots 4,044 N/A 4,044 4,044
D1. Rural Real(Taxable) 7,695,012 .9516 8,086,044 7,695,012
D2. Real Prop Farm & Ranch 249,344 N/A 249,344 249,344
E. Real Prop NonQual Acres 2,906,441 N/A 2,906,441 2,906,441
F1. Commercial Real 39,103,507 .9927 39,391,062 39,103,507
F2. Industrial Real 21,107,350 N/A 21,107,350 21,107,350
G. Oil, Gas, Minerals 6,851,672 1.0198 6,718,643 6,851,672
J. Utilities 4,514,760 N/A 4,514,760 4,514,760
L1. Commercial Personal 4,259,870 1.0192 4,179,621 4,259,870
L2. Industrial Personal 6,106,096 N/A 6,106,096 6,106,096
M. Other Personal 181,422 N/A 181,422 181,422
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 124,312,275 127,990,087 124,312,275
Less Total Deductions 16,760,921   17,838,077 16,760,921
Total Taxable Value 107,551,354 110,152,010 107,551,354 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
111,227,368 107,551,354 111,227,368 107,551,354


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,676,014 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
111,227,368 107,551,354 111,227,368 107,551,354

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