taxes Property Tax Assistance

2017 ISD Summary Worksheet

108/Hidalgo

108-916/Valley View ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 323,784,422 .9544 339,254,424 323,784,422
B. Multi-Family Residences 3,458,023 N/A 3,458,023 3,458,023
C1. Vacant Lots 39,288,683 1.0753 36,537,416 39,288,683
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,080,839 .8710 1,240,862 1,080,839
D2. Real Prop Farm & Ranch 245,388 N/A 245,388 245,388
E. Real Prop NonQual Acres 4,042,910 N/A 4,042,910 4,042,910
F1. Commercial Real 187,247,611 1.0047 186,371,664 187,247,611
F2. Industrial Real 2,767,449 N/A 2,767,449 2,767,449
G. Oil, Gas, Minerals 58,304 N/A 58,304 58,304
J. Utilities 6,685,020 N/A 6,685,020 6,685,020
L1. Commercial Personal 72,794,933 1.0120 71,931,752 72,794,933
L2. Industrial Personal 1,921,040 N/A 1,921,040 1,921,040
M. Other Personal 55,596 N/A 55,596 55,596
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 764,220 N/A 764,220 764,220
S. Special Inventory 1,983,949 N/A 1,983,949 1,983,949
Subtotal 646,178,387 657,318,017 646,178,387
Less Total Deductions 71,971,482   73,969,993 71,971,482
Total Taxable Value 574,206,905 583,348,024 574,206,905 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
597,210,446 574,206,905 597,210,446 574,206,905


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,003,541 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
597,210,446 574,206,905 597,210,446 574,206,905

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