taxes Property Tax Assistance

2016 ISD Summary Worksheet

108/Hidalgo

108-913/Weslaco ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,285,193,760 N/A 1,285,193,760 1,285,193,760
B. Multi-Family Residences 74,582,902 N/A 74,582,902 74,582,902
C1. Vacant Lots 116,238,773 N/A 116,238,773 116,238,773
C2. Colonia Lots 74,929 N/A 74,929 74,929
D1. Rural Real(Taxable) 6,489,591 N/A 6,489,591 6,489,591
D2. Real Prop Farm & Ranch 357,604 N/A 357,604 357,604
E. Real Prop NonQual Acres 53,064,231 N/A 53,064,231 53,064,231
F1. Commercial Real 586,054,328 N/A 586,054,328 586,054,328
F2. Industrial Real 11,839,316 N/A 11,839,316 11,839,316
G. Oil, Gas, Minerals 1,574,630 N/A 1,574,630 1,574,630
J. Utilities 38,648,504 N/A 38,648,504 38,648,504
L1. Commercial Personal 190,466,748 N/A 190,466,748 190,466,748
L2. Industrial Personal 37,054,731 N/A 37,054,731 37,054,731
M. Other Personal 63,558,137 N/A 63,558,137 63,558,137
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 12,646,458 N/A 12,646,458 12,646,458
S. Special Inventory 22,570,979 N/A 22,570,979 22,570,979
Subtotal 2,500,415,621 2,500,415,621 2,500,415,621
Less Total Deductions 367,465,360   367,465,360 367,465,360
Total Taxable Value 2,132,950,261 2,132,950,261 2,132,950,261 T2

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
2,236,333,149 2,132,950,261 2,236,333,149 2,132,950,261


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
103,382,888 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
2,236,333,149 2,132,950,261 2,236,333,149 2,132,950,261

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