taxes Property Tax Assistance

2018 ISD Summary Worksheet

108/Hidalgo

108-910/Progreso ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 108,104,591 N/A 108,104,591 108,104,591
B. Multi-Family Residences 3,257,976 N/A 3,257,976 3,257,976
C1. Vacant Lots 14,508,702 N/A 14,508,702 14,508,702
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,280,211 N/A 4,280,211 4,280,211
D2. Real Prop Farm & Ranch 303,004 N/A 303,004 303,004
E. Real Prop NonQual Acres 14,962,217 N/A 14,962,217 14,962,217
F1. Commercial Real 30,929,979 N/A 30,929,979 30,929,979
F2. Industrial Real 755,266 N/A 755,266 755,266
G. Oil, Gas, Minerals 152,480 N/A 152,480 152,480
J. Utilities 14,831,113 N/A 14,831,113 14,831,113
L1. Commercial Personal 13,750,917 N/A 13,750,917 13,750,917
L2. Industrial Personal 760,887 N/A 760,887 760,887
M. Other Personal 1,004,689 N/A 1,004,689 1,004,689
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 107,884 N/A 107,884 107,884
Subtotal 207,709,916 207,709,916 207,709,916
Less Total Deductions 36,458,590   36,458,590 36,458,590
Total Taxable Value 171,251,326 171,251,326 171,251,326 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
181,621,977 171,251,326 181,621,977 171,251,326


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,370,651 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
181,621,977 171,251,326 181,621,977 171,251,326

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