taxes Property Tax Assistance

2016 ISD Summary Worksheet

108/Hidalgo

108-912/La Joya ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,688,795,225 N/A 1,688,795,225 1,688,795,225
B. Multi-Family Residences 65,051,697 N/A 65,051,697 65,051,697
C1. Vacant Lots 138,172,571 N/A 138,172,571 138,172,571
C2. Colonia Lots 302,671 N/A 302,671 302,671
D1. Rural Real(Taxable) 21,178,685 N/A 21,178,685 21,178,685
D2. Real Prop Farm & Ranch 4,110,862 N/A 4,110,862 4,110,862
E. Real Prop NonQual Acres 108,879,880 N/A 108,879,880 108,879,880
F1. Commercial Real 308,203,434 N/A 308,203,434 308,203,434
F2. Industrial Real 79,935,166 N/A 79,935,166 79,935,166
G. Oil, Gas, Minerals 46,130,586 N/A 46,130,586 46,130,586
J. Utilities 71,772,186 N/A 71,772,186 71,772,186
L1. Commercial Personal 94,912,105 N/A 94,912,105 94,912,105
L2. Industrial Personal 29,602,081 N/A 29,602,081 29,602,081
M. Other Personal 16,528,954 N/A 16,528,954 16,528,954
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 11,985,924 N/A 11,985,924 11,985,924
S. Special Inventory 1,599,117 N/A 1,599,117 1,599,117
Subtotal 2,687,161,144 2,687,161,144 2,687,161,144
Less Total Deductions 481,807,342   481,807,342 481,807,342
Total Taxable Value 2,205,353,802 2,205,353,802 2,205,353,802 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
2,339,757,554 2,205,353,802 2,339,757,554 2,205,353,802


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
134,403,752 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
2,339,757,554 2,205,353,802 2,339,757,554 2,205,353,802

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