taxes Property Tax Assistance

2016 ISD Summary Worksheet

108/Hidalgo

108-916/Valley View ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 320,174,086 N/A 320,174,086 320,174,086
B. Multi-Family Residences 3,018,715 N/A 3,018,715 3,018,715
C1. Vacant Lots 39,696,089 N/A 39,696,089 39,696,089
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,133,627 N/A 1,133,627 1,133,627
D2. Real Prop Farm & Ranch 245,388 N/A 245,388 245,388
E. Real Prop NonQual Acres 3,872,362 N/A 3,872,362 3,872,362
F1. Commercial Real 178,009,330 N/A 178,009,330 178,009,330
F2. Industrial Real 2,728,420 N/A 2,728,420 2,728,420
G. Oil, Gas, Minerals 44,824 N/A 44,824 44,824
J. Utilities 5,883,680 N/A 5,883,680 5,883,680
L1. Commercial Personal 57,392,945 N/A 57,392,945 57,392,945
L2. Industrial Personal 1,731,919 N/A 1,731,919 1,731,919
M. Other Personal 56,019 N/A 56,019 56,019
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 797,133 N/A 797,133 797,133
S. Special Inventory 2,208,664 N/A 2,208,664 2,208,664
Subtotal 616,993,201 616,993,201 616,993,201
Less Total Deductions 72,387,120   72,387,120 72,387,120
Total Taxable Value 544,606,081 544,606,081 544,606,081 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
567,172,370 544,606,081 567,172,370 544,606,081


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,566,289 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
567,172,370 544,606,081 567,172,370 544,606,081

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