taxes Property Tax Assistance

2016 ISD Summary Worksheet

108/Hidalgo

108-910/Progreso ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 98,653,800 N/A 98,653,800 98,653,800
B. Multi-Family Residences 2,880,786 N/A 2,880,786 2,880,786
C1. Vacant Lots 15,383,446 N/A 15,383,446 15,383,446
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,737,058 N/A 4,737,058 4,737,058
D2. Real Prop Farm & Ranch 220,538 N/A 220,538 220,538
E. Real Prop NonQual Acres 12,425,131 N/A 12,425,131 12,425,131
F1. Commercial Real 26,343,118 N/A 26,343,118 26,343,118
F2. Industrial Real 788,605 N/A 788,605 788,605
G. Oil, Gas, Minerals 134,340 N/A 134,340 134,340
J. Utilities 7,729,633 N/A 7,729,633 7,729,633
L1. Commercial Personal 10,279,079 N/A 10,279,079 10,279,079
L2. Industrial Personal 1,022,329 N/A 1,022,329 1,022,329
M. Other Personal 862,119 N/A 862,119 862,119
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 284,019 N/A 284,019 284,019
S. Special Inventory 90,134 N/A 90,134 90,134
Subtotal 181,834,135 181,834,135 181,834,135
Less Total Deductions 33,757,784   33,757,784 33,757,784
Total Taxable Value 148,076,351 148,076,351 148,076,351 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
157,770,971 148,076,351 157,770,971 148,076,351


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,694,620 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
157,770,971 148,076,351 157,770,971 148,076,351

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