taxes Property Tax Assistance

2017 ISD Summary Worksheet

108/Hidalgo

108-905/Hidalgo ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 113,845,489 .8876 128,262,155 113,845,489
B. Multi-Family Residences 7,928,066 N/A 7,928,066 7,928,066
C1. Vacant Lots 26,810,718 N/A 26,810,718 26,810,718
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,450,931 .8727 5,100,402 4,450,931
D2. Real Prop Farm & Ranch 226,688 N/A 226,688 226,688
E. Real Prop NonQual Acres 6,360,341 N/A 6,360,341 6,360,341
F1. Commercial Real 261,661,361 1.0000 261,661,361 261,661,361
F2. Industrial Real 8,320,925 N/A 8,320,925 8,320,925
G. Oil, Gas, Minerals 3,355,669 N/A 3,355,669 3,355,669
J. Utilities 12,456,658 N/A 12,456,658 12,456,658
L1. Commercial Personal 202,555,438 1.0214 198,311,570 202,555,438
L2. Industrial Personal 22,741,172 N/A 22,741,172 22,741,172
M. Other Personal 969,716 N/A 969,716 969,716
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,214,303 N/A 1,214,303 1,214,303
Subtotal 672,897,475 683,719,744 672,897,475
Less Total Deductions 165,304,385   169,063,051 165,304,385
Total Taxable Value 507,593,090 514,656,693 507,593,090 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
518,974,625 507,593,090 518,974,625 507,593,090


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,381,535 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
518,974,625 507,593,090 518,974,625 507,593,090

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