taxes Property Tax Assistance

2016 ISD Summary Worksheet

108/Hidalgo

108-911/Sharyland ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 2,337,117,960 N/A 2,337,117,960 2,337,117,960
B. Multi-Family Residences 113,444,472 N/A 113,444,472 113,444,472
C1. Vacant Lots 117,917,057 N/A 117,917,057 117,917,057
C2. Colonia Lots 323,571 N/A 323,571 323,571
D1. Rural Real(Taxable) 2,060,482 N/A 2,060,482 2,060,482
D2. Real Prop Farm & Ranch 1,656,481 N/A 1,656,481 1,656,481
E. Real Prop NonQual Acres 82,448,901 N/A 82,448,901 82,448,901
F1. Commercial Real 500,902,662 N/A 500,902,662 500,902,662
F2. Industrial Real 4,090,488 N/A 4,090,488 4,090,488
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 31,444,730 N/A 31,444,730 31,444,730
L1. Commercial Personal 302,282,996 N/A 302,282,996 302,282,996
L2. Industrial Personal 5,354,418 N/A 5,354,418 5,354,418
M. Other Personal 14,317,317 N/A 14,317,317 14,317,317
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 12,253,851 N/A 12,253,851 12,253,851
S. Special Inventory 7,905,395 N/A 7,905,395 7,905,395
Subtotal 3,533,520,781 3,533,520,781 3,533,520,781
Less Total Deductions 497,878,134   497,878,134 497,878,134
Total Taxable Value 3,035,642,647 3,035,642,647 3,035,642,647 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
3,112,749,762 3,035,642,647 3,112,749,762 3,035,642,647


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
77,107,115 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
3,112,749,762 3,035,642,647 3,112,749,762 3,035,642,647

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