taxes Property Tax Assistance

2021 ISD Summary Worksheet

108-Hidalgo /Hidalgo County

108-915/Monte Alto ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	84,079,439	0.9155	91,839,912	84,079,439
B - MULTIFAMILY	1,040,324	N/A	1,040,324	1,040,324
C1 - VACANT LOTS	13,449,321	1.1080	12,138,376	13,449,321
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,673,059	1.0786	8,040,945	8,673,059
D2 - FARM & RANCH IMP	2,000,723	N/A	2,000,723	2,000,723
E - NON-AG LAND AND IMPROVEMENTS	41,430,959	0.9957	41,609,881	41,430,959
F1 - COMMERCIAL REAL	11,728,849	0.7646	15,339,850	11,728,849
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	98,389	N/A	98,389	98,389
J - ALL UTILITIES	5,144,045	N/A	5,144,045	5,144,045
L1 - COMMERCIAL PERSONAL	31,426,857	1.0115	31,069,557	31,426,857
L2 - INDUSTRIAL PERSONAL	409,880	N/A	409,880	409,880
M1 - MOBILE HOMES	2,896,440	N/A	2,896,440	2,896,440
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	450,487	N/A	450,487	450,487
S - SPECIAL INVENTORY	6,063	N/A	6,063	6,063
Subtotal	202,834,835	0	212,084,872	202,834,835
Less Total Deductions	30,399,720	0	32,515,554	30,399,720
Total Taxable Value	172,435,115	0	179,569,318	172,435,115

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
178,432,348	172,435,115	178,432,348	172,435,115

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,997,233	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
178,432,348	172,435,115	178,432,348	172,435,115

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

108-915-02/Monte Alto ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	84,079,439	0.9155	91,839,912	84,079,439
B - MULTIFAMILY	1,040,324	N/A	1,040,324	1,040,324
C1 - VACANT LOTS	13,449,321	1.1080	12,138,376	13,449,321
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,673,059	1.0786	8,040,945	8,673,059
D2 - FARM & RANCH IMP	2,000,723	N/A	2,000,723	2,000,723
E - NON-AG LAND AND IMPROVEMENTS	41,430,959	0.9957	41,609,881	41,430,959
F1 - COMMERCIAL REAL	11,728,849	0.7646	15,339,850	11,728,849
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	98,389	N/A	98,389	98,389
J - ALL UTILITIES	5,144,045	N/A	5,144,045	5,144,045
L1 - COMMERCIAL PERSONAL	31,426,857	1.0115	31,069,557	31,426,857
L2 - INDUSTRIAL PERSONAL	409,880	N/A	409,880	409,880
M1 - MOBILE HOMES	2,896,440	N/A	2,896,440	2,896,440
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	450,487	N/A	450,487	450,487
S - SPECIAL INVENTORY	6,063	N/A	6,063	6,063
Subtotal	202,834,835		212,084,872	202,834,835
Less Total Deductions	30,399,720		32,515,554	30,399,720
Total Taxable Value	172,435,115		179,569,318	172,435,115

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
178,432,348	172,435,115	178,432,348	172,435,115

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
5,997,233	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
178,432,348	172,435,115	178,432,348	172,435,115

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