taxes Property Tax Assistance

2017 ISD Summary Worksheet

108/Hidalgo

108-903/Edcouch-Elsa ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 236,413,093 .8668 272,742,378 236,413,093
B. Multi-Family Residences 12,091,928 N/A 12,091,928 12,091,928
C1. Vacant Lots 20,687,815 1.0025 20,636,224 20,687,815
C2. Colonia Lots 29,921 N/A 29,921 29,921
D1. Rural Real(Taxable) 4,797,018 .8493 5,648,079 4,797,018
D2. Real Prop Farm & Ranch 363,841 N/A 363,841 363,841
E. Real Prop NonQual Acres 17,439,214 .7619 22,889,111 17,439,214
F1. Commercial Real 68,485,652 .9560 71,637,711 68,485,652
F2. Industrial Real 692,335 N/A 692,335 692,335
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 12,020,521 N/A 12,020,521 12,020,521
L1. Commercial Personal 25,017,206 .9879 25,323,622 25,017,206
L2. Industrial Personal 971,463 N/A 971,463 971,463
M. Other Personal 1,556,673 N/A 1,556,673 1,556,673
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 120,129 N/A 120,129 120,129
S. Special Inventory 246,370 N/A 246,370 246,370
Subtotal 400,933,179 446,970,306 400,933,179
Less Total Deductions 88,302,773   97,586,569 88,302,773
Total Taxable Value 312,630,406 349,383,737 312,630,406 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
337,822,836 312,630,406 337,822,836 312,630,406


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
25,192,430 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
337,822,836 312,630,406 337,822,836 312,630,406

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 invalid, but local value was certified because your school district is in year one of the grace period.