taxes Property Tax Assistance

2023 ISD Summary Worksheet

108-Hidalgo/Hidalgo County

108-903/Edcouch-Elsa ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 508,737,675 0.9643 527,571,995 508,737,675
B - MULTIFAMILY 24,785,954 N/A 24,785,954 24,785,954
C1 - VACANT LOTS 39,188,154 N/A 39,188,154 39,188,154
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,080,848 1.1518 4,411,116 5,080,848
D2 - FARM & RANCH IMP 525,221 N/A 525,221 525,221
E - NON-AG LAND AND IMPROVEMENTS 41,782,651 0.9136 45,734,075 41,782,651
F1 - COMMERCIAL REAL 93,623,345 0.9381 99,801,029 93,623,345
F2 - INDUSTRIAL REAL 514,183 N/A 514,183 514,183
G - ALL MINERALS 17,933 N/A 17,933 17,933
J - ALL UTILITIES 16,824,449 N/A 16,824,449 16,824,449
L1 - COMMERCIAL PERSONAL 26,048,716 N/A 26,048,716 26,048,716
L2 - INDUSTRIAL PERSONAL 2,766,306 N/A 2,766,306 2,766,306
M1 - MOBILE HOMES 4,798,430 N/A 4,798,430 4,798,430
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 315,030 N/A 315,030 315,030
Subtotal 765,008,895 0 793,302,591 765,008,895
Less Total Deductions 289,272,300 0 295,456,299 289,272,300
Total Taxable Value 475,736,595 0 497,846,292 475,736,595

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

Measure Value Description
T1 571,486,519 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 475,736,595 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 571,486,519 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 475,736,595 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 613,126,519 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 640,886,519 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 484,435,756 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 571,486,519 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 475,736,595 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 571,486,519 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 475,736,595 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 613,126,519 T13 plus the loss to the chapter 313 agreement
T16 640,886,519 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 484,435,756 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 95,749,924 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 41,640,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 27,760,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

108-903-02/Edcouch-Elsa ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 508,737,675 0.9643 527,571,995 508,737,675
B - MULTIFAMILY 24,785,954 N/A 24,785,954 24,785,954
C1 - VACANT LOTS 39,188,154 N/A 39,188,154 39,188,154
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,080,848 1.1518 4,411,116 5,080,848
D2 - FARM & RANCH IMP 525,221 N/A 525,221 525,221
E - NON-AG LAND AND IMPROVEMENTS 41,782,651 0.9136 45,734,075 41,782,651
F1 - COMMERCIAL REAL 93,623,345 0.9381 99,801,029 93,623,345
F2 - INDUSTRIAL REAL 514,183 N/A 514,183 514,183
G - ALL MINERALS 17,933 N/A 17,933 17,933
J - ALL UTILITIES 16,824,449 N/A 16,824,449 16,824,449
L1 - COMMERCIAL PERSONAL 26,048,716 N/A 26,048,716 26,048,716
L2 - INDUSTRIAL PERSONAL 2,766,306 N/A 2,766,306 2,766,306
M1 - MOBILE HOMES 4,798,430 N/A 4,798,430 4,798,430
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 315,030 N/A 315,030 315,030
Subtotal 765,008,895 793,302,591 765,008,895
Less Total Deductions 289,272,300 295,456,299 289,272,300
Total Taxable Value 475,736,595 497,846,292 475,736,595

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

Measure Value Description
T1 571,486,519 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 475,736,595 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 571,486,519 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 475,736,595 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 613,126,519 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 640,886,519 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 484,435,756 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 571,486,519 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 475,736,595 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 571,486,519 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 475,736,595 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 613,126,519 T13 plus the loss to the chapter 313 agreement
T16 640,886,519 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 484,435,756 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 95,749,924 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 41,640,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 27,760,000 Loss to Second Previous Homestead Increase