taxes Property Tax Assistance

2017 ISD Summary Worksheet

108/Hidalgo

108-907/Mercedes ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 282,145,833 .9288 303,774,583 282,145,833
B. Multi-Family Residences 16,496,315 N/A 16,496,315 16,496,315
C1. Vacant Lots 31,396,764 N/A 31,396,764 31,396,764
C2. Colonia Lots 61,666 N/A 61,666 61,666
D1. Rural Real(Taxable) 7,874,919 .9237 8,525,469 7,874,919
D2. Real Prop Farm & Ranch 709,466 N/A 709,466 709,466
E. Real Prop NonQual Acres 23,683,393 N/A 23,683,393 23,683,393
F1. Commercial Real 158,265,060 .9693 163,277,685 158,265,060
F2. Industrial Real 2,995,005 N/A 2,995,005 2,995,005
G. Oil, Gas, Minerals 31,480 N/A 31,480 31,480
J. Utilities 27,248,696 N/A 27,248,696 27,248,696
L1. Commercial Personal 72,450,333 1.0128 71,534,689 72,450,333
L2. Industrial Personal 4,749,840 N/A 4,749,840 4,749,840
M. Other Personal 2,153,465 N/A 2,153,465 2,153,465
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,852,133 N/A 2,852,133 2,852,133
S. Special Inventory 198,782 N/A 198,782 198,782
Subtotal 633,313,150 659,689,431 633,313,150
Less Total Deductions 106,808,539   112,455,833 106,808,539
Total Taxable Value 526,504,611 547,233,598 526,504,611 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
554,849,655 526,504,611 554,849,655 526,504,611


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
28,345,044 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
554,849,655 526,504,611 554,849,655 526,504,611

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