taxes Property Tax Assistance

2017 ISD Summary Worksheet

108/Hidalgo

108-906/McAllen ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 3,718,353,032 .9223 4,031,609,056 3,718,353,032
B. Multi-Family Residences 405,093,697 1.0464 387,130,827 405,093,697
C1. Vacant Lots 208,444,506 N/A 208,444,506 208,444,506
C2. Colonia Lots 1,543,220 N/A 1,543,220 1,543,220
D1. Rural Real(Taxable) 1,029,886 .8182 1,258,708 1,029,886
D2. Real Prop Farm & Ranch 696,762 N/A 696,762 696,762
E. Real Prop NonQual Acres 36,603,742 N/A 36,603,742 36,603,742
F1. Commercial Real 2,453,124,996 1.0267 2,389,329,888 2,453,124,996
F2. Industrial Real 34,146,717 N/A 34,146,717 34,146,717
G. Oil, Gas, Minerals 5,532,015 N/A 5,532,015 5,532,015
J. Utilities 74,794,222 N/A 74,794,222 74,794,222
L1. Commercial Personal 776,985,768 1.0046 773,427,999 776,985,768
L2. Industrial Personal 81,872,736 N/A 81,872,736 81,872,736
M. Other Personal 17,906,582 N/A 17,906,582 17,906,582
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 12,887,023 N/A 12,887,023 12,887,023
S. Special Inventory 47,556,259 N/A 47,556,259 47,556,259
Subtotal 7,876,571,163 8,104,740,262 7,876,571,163
Less Total Deductions 870,366,770   939,540,337 870,366,770
Total Taxable Value 7,006,204,393 7,165,199,925 7,006,204,393 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
7,201,035,215 7,006,204,393 7,201,035,215 7,006,204,393


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
194,830,822 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
7,201,035,215 7,006,204,393 7,201,035,215 7,006,204,393

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