taxes Property Tax Assistance

2019 ISD Summary Worksheet

108-Hidalgo

108-905/Hidalgo ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 118,842,955 0.8597 138,237,705 118,842,955
B. MULTIFAMILY RESIDENCES 9,212,281 N/A 9,212,281 9,212,281
C1. VACANT LOTS 23,866,467 N/A 23,866,467 23,866,467
D1. QUALIFIED AG LAND 4,402,284 1.0888 4,043,217 4,402,284
D2. REAL PROP:FARM & RANCH 208,845 N/A 208,845 208,845
E. REAL PROP NONQUAL ACREAGE 6,316,267 N/A 6,316,267 6,316,267
F1. COMMERCIAL REAL 291,600,355 1.0318 282,613,254 291,600,355
F2. INDUSTRIAL REAL 6,481,356 N/A 6,481,356 6,481,356
G. OIL,GAS,MINERALS 1,760,522 N/A 1,760,522 1,760,522
J. UTILITIES 15,839,118 N/A 15,839,118 15,839,118
L1. COMMERCIAL PERSONAL 250,336,345 0.9915 252,482,446 250,336,345
L2. INDUSTRIAL PERSONAL 26,977,813 N/A 26,977,813 26,977,813
M. MOBILE HOMES 839,261 N/A 839,261 839,261
O. RESIDENTIAL INVENTORY 49,524 N/A 49,524 49,524
S. SPECIAL INVENTORY 1,381,735 N/A 1,381,735 1,381,735
Subtotal 758,115,128 0 770,309,811 758,115,128
Less Total Deductions 203,817,838 0 209,143,805 203,817,838
Total Taxable Value 554,297,290 0 561,166,006 554,297,290

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
565,637,620 554,297,290 565,637,620 554,297,290


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,340,330 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
565,637,620 554,297,290 565,637,620 554,297,290

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

108-905-02/Hidalgo ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 118,842,955 0.8597 138,237,705 118,842,955
B. MULTIFAMILY RESIDENCES 9,212,281 N/A 9,212,281 9,212,281
C1. VACANT LOTS 23,866,467 N/A 23,866,467 23,866,467
D1. QUALIFIED AG LAND 4,402,284 1.0888 4,043,217 4,402,284
D2. REAL PROP:FARM & RANCH 208,845 N/A 208,845 208,845
E. REAL PROP NONQUAL ACREAGE 6,316,267 N/A 6,316,267 6,316,267
F1. COMMERCIAL REAL 291,600,355 1.0318 282,613,254 291,600,355
F2. INDUSTRIAL REAL 6,481,356 N/A 6,481,356 6,481,356
G. OIL,GAS,MINERALS 1,760,522 N/A 1,760,522 1,760,522
J. UTILITIES 15,839,118 N/A 15,839,118 15,839,118
L1. COMMERCIAL PERSONAL 250,336,345 0.9915 252,482,446 250,336,345
L2. INDUSTRIAL PERSONAL 26,977,813 N/A 26,977,813 26,977,813
M. MOBILE HOMES 839,261 N/A 839,261 839,261
O. RESIDENTIAL INVENTORY 49,524 N/A 49,524 49,524
S. SPECIAL INVENTORY 1,381,735 N/A 1,381,735 1,381,735
Subtotal 758,115,128 770,309,811 758,115,128
Less Total Deductions 203,817,838 209,143,805 203,817,838
Total Taxable Value 554,297,290 561,166,006 554,297,290

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
565,637,620 554,297,290 565,637,620 554,297,290


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
11,340,330 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
565,637,620 554,297,290 565,637,620 554,297,290

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