taxes Property Tax Assistance

2018 ISD Summary Worksheet

108/Hidalgo

108-905/Hidalgo ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 114,547,205 N/A 114,547,205 114,547,205
B. Multi-Family Residences 8,462,983 N/A 8,462,983 8,462,983
C1. Vacant Lots 25,290,317 N/A 25,290,317 25,290,317
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,403,005 N/A 4,403,005 4,403,005
D2. Real Prop Farm & Ranch 210,667 N/A 210,667 210,667
E. Real Prop NonQual Acres 6,865,982 N/A 6,865,982 6,865,982
F1. Commercial Real 276,390,020 N/A 276,390,020 276,390,020
F2. Industrial Real 6,482,643 N/A 6,482,643 6,482,643
G. Oil, Gas, Minerals 3,443,598 N/A 3,443,598 3,443,598
J. Utilities 13,273,788 N/A 13,273,788 13,273,788
L1. Commercial Personal 212,216,326 N/A 212,216,326 212,216,326
L2. Industrial Personal 25,893,202 N/A 25,893,202 25,893,202
M. Other Personal 871,264 N/A 871,264 871,264
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,191,209 N/A 1,191,209 1,191,209
Subtotal 699,542,209 699,542,209 699,542,209
Less Total Deductions 181,173,244   181,173,244 181,173,244
Total Taxable Value 518,368,965 518,368,965 518,368,965 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
529,800,998 518,368,965 529,800,998 518,368,965


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,432,033 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
529,800,998 518,368,965 529,800,998 518,368,965

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