taxes Property Tax Assistance

2017 ISD Summary Worksheet

108/Hidalgo

108-913/Weslaco ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 1,379,436,539 .9561 1,442,774,332 1,379,436,539
B. Multi-Family Residences 91,049,581 N/A 91,049,581 91,049,581
C1. Vacant Lots 112,932,842 N/A 112,932,842 112,932,842
C2. Colonia Lots 80,852 N/A 80,852 80,852
D1. Rural Real(Taxable) 6,198,274 .8321 7,448,950 6,198,274
D2. Real Prop Farm & Ranch 356,567 N/A 356,567 356,567
E. Real Prop NonQual Acres 58,594,108 N/A 58,594,108 58,594,108
F1. Commercial Real 625,454,568 1.0387 602,151,312 625,454,568
F2. Industrial Real 12,558,683 N/A 12,558,683 12,558,683
G. Oil, Gas, Minerals 2,343,880 N/A 2,343,880 2,343,880
J. Utilities 42,201,784 N/A 42,201,784 42,201,784
L1. Commercial Personal 197,566,089 1.0047 196,641,872 197,566,089
L2. Industrial Personal 32,695,723 N/A 32,695,723 32,695,723
M. Other Personal 62,695,060 N/A 62,695,060 62,695,060
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 14,278,872 N/A 14,278,872 14,278,872
S. Special Inventory 22,743,936 N/A 22,743,936 22,743,936
Subtotal 2,661,187,358 2,701,548,354 2,661,187,358
Less Total Deductions 392,198,904   405,581,355 392,198,904
Total Taxable Value 2,268,988,454 2,295,966,999 2,268,988,454 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
2,374,812,012 2,268,988,454 2,374,812,012 2,268,988,454


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
105,823,558 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
2,374,812,012 2,268,988,454 2,374,812,012 2,268,988,454

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