taxes Property Tax Assistance

2016 ISD Summary Worksheet

108/Hidalgo

108-916/Valley View ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 320,565,218 N/A 320,565,218 320,565,218
B. Multi-Family Residences 3,018,715 N/A 3,018,715 3,018,715
C1. Vacant Lots 40,559,970 N/A 40,559,970 40,559,970
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,127,467 N/A 1,127,467 1,127,467
D2. Real Prop Farm & Ranch 5,038 N/A 5,038 5,038
E. Real Prop NonQual Acres 3,713,006 N/A 3,713,006 3,713,006
F1. Commercial Real 180,650,987 N/A 180,650,987 180,650,987
F2. Industrial Real 2,728,420 N/A 2,728,420 2,728,420
G. Oil, Gas, Minerals 44,824 N/A 44,824 44,824
J. Utilities 5,883,680 N/A 5,883,680 5,883,680
L1. Commercial Personal 63,141,370 N/A 63,141,370 63,141,370
L2. Industrial Personal 1,731,919 N/A 1,731,919 1,731,919
M. Other Personal 45,720 N/A 45,720 45,720
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 797,133 N/A 797,133 797,133
S. Special Inventory 2,386,764 N/A 2,386,764 2,386,764
Subtotal 626,400,231 626,400,231 626,400,231
Less Total Deductions 71,247,732   71,247,732 71,247,732
Total Taxable Value 555,152,499 555,152,499 555,152,499 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
577,398,788 555,152,499 577,398,788 555,152,499


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,246,289 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
577,398,788 555,152,499 577,398,788 555,152,499

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