taxes Property Tax Assistance

2021 ISD Summary Worksheet

108-Hidalgo /Hidalgo County

108-903/Edcouch-Elsa ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 344,578,322 0.9454 364,478,868 344,578,322
B - MULTIFAMILY 14,213,081 N/A 14,213,081 14,213,081
C1 - VACANT LOTS 24,274,474 N/A 24,274,474 24,274,474
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,511,771 1.1957 3,773,207 4,511,771
D2 - FARM & RANCH IMP 214,920 N/A 214,920 214,920
E - NON-AG LAND AND IMPROVEMENTS 29,254,827 0.8292 35,280,785 29,254,827
F1 - COMMERCIAL REAL 82,059,996 0.9105 90,126,300 82,059,996
F2 - INDUSTRIAL REAL 583,245 N/A 583,245 583,245
G - ALL MINERALS 14,173 N/A 14,173 14,173
J - ALL UTILITIES 14,866,657 N/A 14,866,657 14,866,657
L1 - COMMERCIAL PERSONAL 26,113,686 N/A 26,113,686 26,113,686
L2 - INDUSTRIAL PERSONAL 2,796,103 N/A 2,796,103 2,796,103
M1 - MOBILE HOMES 3,048,134 N/A 3,048,134 3,048,134
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 278,247 N/A 278,247 278,247
Subtotal 546,807,636 0 580,061,880 546,807,636
Less Total Deductions 117,001,641 0 122,584,184 117,001,641
Total Taxable Value 429,805,995 0 457,477,696 429,805,995

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
456,158,629 429,805,995 456,158,629 429,805,995


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
26,352,634 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
456,158,629 429,805,995 456,158,629 429,805,995

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

108-903-02/Edcouch-Elsa ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 344,578,322 0.9454 364,478,868 344,578,322
B - MULTIFAMILY 14,213,081 N/A 14,213,081 14,213,081
C1 - VACANT LOTS 24,274,474 N/A 24,274,474 24,274,474
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,511,771 1.1957 3,773,207 4,511,771
D2 - FARM & RANCH IMP 214,920 N/A 214,920 214,920
E - NON-AG LAND AND IMPROVEMENTS 29,254,827 0.8292 35,280,785 29,254,827
F1 - COMMERCIAL REAL 82,059,996 0.9105 90,126,300 82,059,996
F2 - INDUSTRIAL REAL 583,245 N/A 583,245 583,245
G - ALL MINERALS 14,173 N/A 14,173 14,173
J - ALL UTILITIES 14,866,657 N/A 14,866,657 14,866,657
L1 - COMMERCIAL PERSONAL 26,113,686 N/A 26,113,686 26,113,686
L2 - INDUSTRIAL PERSONAL 2,796,103 N/A 2,796,103 2,796,103
M1 - MOBILE HOMES 3,048,134 N/A 3,048,134 3,048,134
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 278,247 N/A 278,247 278,247
Subtotal 546,807,636 580,061,880 546,807,636
Less Total Deductions 117,001,641 122,584,184 117,001,641
Total Taxable Value 429,805,995 457,477,696 429,805,995

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
456,158,629 429,805,995 456,158,629 429,805,995


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
26,352,634 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
456,158,629 429,805,995 456,158,629 429,805,995

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