taxes Property Tax Assistance

2020 ISD Summary Worksheet

108-Hidalgo

108-907/Mercedes ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 337,468,652 N/A 337,468,652 337,468,652
B - MULTIFAMILY 22,361,682 N/A 22,361,682 22,361,682
C1 - VACANT LOTS 29,006,251 N/A 29,006,251 29,006,251
C2 - COLONIA LOTS 11,760 N/A 11,760 11,760
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,129,976 N/A 7,129,976 7,129,976
D2 - FARM & RANCH IMP 856,001 N/A 856,001 856,001
E - NON-AG LAND AND IMPROVEMENTS 29,408,281 N/A 29,408,281 29,408,281
F1 - COMMERCIAL REAL 208,540,659 N/A 208,540,659 208,540,659
F2 - INDUSTRIAL REAL 2,845,362 N/A 2,845,362 2,845,362
G - ALL MINERALS 38,430 N/A 38,430 38,430
J - ALL UTILITIES 28,172,094 N/A 28,172,094 28,172,094
L1 - COMMERCIAL PERSONAL 71,256,537 N/A 71,256,537 71,256,537
L2 - INDUSTRIAL PERSONAL 5,460,099 N/A 5,460,099 5,460,099
M1 - MOBILE HOMES 2,041,152 N/A 2,041,152 2,041,152
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,840,674 N/A 2,840,674 2,840,674
S - SPECIAL INVENTORY 1,785,644 N/A 1,785,644 1,785,644
Subtotal 749,223,254 0 749,223,254 749,223,254
Less Total Deductions 123,524,451 0 123,524,451 123,524,451
Total Taxable Value 625,698,803 0 625,698,803 625,698,803

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
656,117,973 625,698,803 656,117,973 625,698,803


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,419,170 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
656,117,973 625,698,803 656,117,973 625,698,803

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

108-907-02/Mercedes ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 337,468,652 N/A 337,468,652 337,468,652
B - MULTIFAMILY 22,361,682 N/A 22,361,682 22,361,682
C1 - VACANT LOTS 29,006,251 N/A 29,006,251 29,006,251
C2 - COLONIA LOTS 11,760 N/A 11,760 11,760
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,129,976 N/A 7,129,976 7,129,976
D2 - FARM & RANCH IMP 856,001 N/A 856,001 856,001
E - NON-AG LAND AND IMPROVEMENTS 29,408,281 N/A 29,408,281 29,408,281
F1 - COMMERCIAL REAL 208,540,659 N/A 208,540,659 208,540,659
F2 - INDUSTRIAL REAL 2,845,362 N/A 2,845,362 2,845,362
G - ALL MINERALS 38,430 N/A 38,430 38,430
J - ALL UTILITIES 28,172,094 N/A 28,172,094 28,172,094
L1 - COMMERCIAL PERSONAL 71,256,537 N/A 71,256,537 71,256,537
L2 - INDUSTRIAL PERSONAL 5,460,099 N/A 5,460,099 5,460,099
M1 - MOBILE HOMES 2,041,152 N/A 2,041,152 2,041,152
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,840,674 N/A 2,840,674 2,840,674
S - SPECIAL INVENTORY 1,785,644 N/A 1,785,644 1,785,644
Subtotal 749,223,254 749,223,254 749,223,254
Less Total Deductions 123,524,451 123,524,451 123,524,451
Total Taxable Value 625,698,803 625,698,803 625,698,803

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
656,117,973 625,698,803 656,117,973 625,698,803


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
30,419,170 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
656,117,973 625,698,803 656,117,973 625,698,803

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