taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

108/Hidalgo

108-915/Monte Alto ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 40,319,736 .8905 45,277,637 40,319,736
B. Multi-Family Residences 652,357 N/A 652,357 652,357
C1. Vacant Lots 9,549,040 1.0652 8,964,551 9,549,040
C2. Colonia Lots 21,300 N/A 21,300 21,300
D1. Rural Real(Taxable) 9,208,483 .9276 9,927,298 9,208,483
D2. Real Prop Farm & Ranch 1,129,807 N/A 1,129,807 1,129,807
E. Real Prop NonQual Acres 18,243,103 .9800 18,615,411 18,243,103
F1. Commercial Real 6,650,776 .9634 6,903,442 6,650,776
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 58,976 N/A 58,976 58,976
J. Utilities 3,212,122 N/A 3,212,122 3,212,122
L1. Commercial Personal 17,907,399 1.0620 16,861,958 17,907,399
L2. Industrial Personal 406,270 N/A 406,270 406,270
M. Other Personal 980,398 N/A 980,398 980,398
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 108,339,767 113,011,527 108,339,767
Less Total Deductions 17,081,220   18,328,160 17,081,220
Total Taxable Value 91,258,547 94,683,367 91,258,547 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
96,134,360 91,258,547 96,134,360 91,258,547


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,875,813 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
96,134,360 91,258,547 96,134,360 91,258,547

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