taxes Property Tax Assistance

2018 ISD Summary Worksheet

108/Hidalgo

108-903/Edcouch-Elsa ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 272,891,231 N/A 272,891,231 272,891,231
B. Multi-Family Residences 12,062,327 N/A 12,062,327 12,062,327
C1. Vacant Lots 21,951,010 N/A 21,951,010 21,951,010
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,739,068 N/A 4,739,068 4,739,068
D2. Real Prop Farm & Ranch 341,866 N/A 341,866 341,866
E. Real Prop NonQual Acres 19,957,081 N/A 19,957,081 19,957,081
F1. Commercial Real 80,955,110 N/A 80,955,110 80,955,110
F2. Industrial Real 601,899 N/A 601,899 601,899
G. Oil, Gas, Minerals 9,497 N/A 9,497 9,497
J. Utilities 12,629,429 N/A 12,629,429 12,629,429
L1. Commercial Personal 23,049,472 N/A 23,049,472 23,049,472
L2. Industrial Personal 1,009,833 N/A 1,009,833 1,009,833
M. Other Personal 1,782,166 N/A 1,782,166 1,782,166
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 245,951 N/A 245,951 245,951
S. Special Inventory 210,130 N/A 210,130 210,130
Subtotal 452,436,070 452,436,070 452,436,070
Less Total Deductions 101,032,527   101,032,527 101,032,527
Total Taxable Value 351,403,543 351,403,543 351,403,543 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
377,082,297 351,403,543 377,082,297 351,403,543


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
25,678,754 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
377,082,297 351,403,543 377,082,297 351,403,543

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