taxes Property Tax Assistance

2018 ISD Summary Worksheet

108/Hidalgo

108-906/McAllen ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 3,771,256,098 N/A 3,771,256,098 3,771,256,098
B. Multi-Family Residences 444,800,793 N/A 444,800,793 444,800,793
C1. Vacant Lots 217,689,474 N/A 217,689,474 217,689,474
C2. Colonia Lots 432,095 N/A 432,095 432,095
D1. Rural Real(Taxable) 1,012,279 N/A 1,012,279 1,012,279
D2. Real Prop Farm & Ranch 210,927 N/A 210,927 210,927
E. Real Prop NonQual Acres 41,165,754 N/A 41,165,754 41,165,754
F1. Commercial Real 2,575,540,589 N/A 2,575,540,589 2,575,540,589
F2. Industrial Real 31,629,115 N/A 31,629,115 31,629,115
G. Oil, Gas, Minerals 6,338,935 N/A 6,338,935 6,338,935
J. Utilities 80,206,592 N/A 80,206,592 80,206,592
L1. Commercial Personal 777,052,572 N/A 777,052,572 777,052,572
L2. Industrial Personal 66,359,046 N/A 66,359,046 66,359,046
M. Other Personal 17,353,207 N/A 17,353,207 17,353,207
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 10,594,113 N/A 10,594,113 10,594,113
S. Special Inventory 45,583,602 N/A 45,583,602 45,583,602
Subtotal 8,087,225,191 8,087,225,191 8,087,225,191
Less Total Deductions 882,673,265   882,673,265 882,673,265
Total Taxable Value 7,204,551,926 7,204,551,926 7,204,551,926 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
7,396,750,422 7,204,551,926 7,396,750,422 7,204,551,926


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
192,198,496 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
7,396,750,422 7,204,551,926 7,396,750,422 7,204,551,926

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