taxes Property Tax Assistance

2018 ISD Summary Worksheet

108/Hidalgo

108-915/Monte Alto ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 57,787,380 .9932 58,183,025 57,787,380
B. Multi-Family Residences 929,918 N/A 929,918 929,918
C1. Vacant Lots 7,611,882 .9621 7,911,737 7,611,882
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,089,226 1.0115 8,985,679 9,089,226
D2. Real Prop Farm & Ranch 2,076,908 N/A 2,076,908 2,076,908
E. Real Prop NonQual Acres 26,616,567 .9679 27,499,294 26,616,567
F1. Commercial Real 10,268,594 1.1191 9,175,761 10,268,594
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 590 N/A 590 590
J. Utilities 4,038,477 N/A 4,038,477 4,038,477
L1. Commercial Personal 21,000,988 1.0237 20,514,788 21,000,988
L2. Industrial Personal 237,110 N/A 237,110 237,110
M. Other Personal 1,557,767 N/A 1,557,767 1,557,767
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 3,619 N/A 3,619 3,619
Subtotal 141,219,026 141,114,673 141,219,026
Less Total Deductions 23,394,030   23,499,600 23,394,030
Total Taxable Value 117,824,996 117,615,073 117,824,996 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
123,385,589 117,824,996 123,385,589 117,824,996


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,560,593 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
123,385,589 117,824,996 123,385,589 117,824,996

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