taxes Property Tax Assistance

2017 ISD Summary Worksheet

108/Hidalgo

108-910/Progreso ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 107,735,022 .9651 111,630,942 107,735,022
B. Multi-Family Residences 3,319,616 N/A 3,319,616 3,319,616
C1. Vacant Lots 15,492,873 1.1210 13,820,583 15,492,873
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,168,560 .8729 4,775,588 4,168,560
D2. Real Prop Farm & Ranch 249,303 N/A 249,303 249,303
E. Real Prop NonQual Acres 12,773,557 .9230 13,839,173 12,773,557
F1. Commercial Real 30,672,494 1.0135 30,263,931 30,672,494
F2. Industrial Real 757,898 N/A 757,898 757,898
G. Oil, Gas, Minerals 129,920 N/A 129,920 129,920
J. Utilities 15,229,363 N/A 15,229,363 15,229,363
L1. Commercial Personal 17,174,846 .9996 17,181,719 17,174,846
L2. Industrial Personal 831,867 N/A 831,867 831,867
M. Other Personal 897,866 N/A 897,866 897,866
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 317,854 N/A 317,854 317,854
Subtotal 209,751,039 213,245,623 209,751,039
Less Total Deductions 35,892,195   36,764,605 35,892,195
Total Taxable Value 173,858,844 176,481,018 173,858,844 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
183,967,985 173,858,844 183,967,985 173,858,844


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,109,141 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
183,967,985 173,858,844 183,967,985 173,858,844

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