taxes Property Tax Assistance

2017 ISD Summary Worksheet

108/Hidalgo

108-914/La Villa 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 29,610,288 .9075 32,628,417 29,610,288
B. Multi-Family Residences 612,427 N/A 612,427 612,427
C1. Vacant Lots 1,900,105 N/A 1,900,105 1,900,105
C2. Colonia Lots 4,710 N/A 4,710 4,710
D1. Rural Real(Taxable) 8,028,094 .8759 9,165,083 8,028,094
D2. Real Prop Farm & Ranch 533,993 N/A 533,993 533,993
E. Real Prop NonQual Acres 3,283,633 N/A 3,283,633 3,283,633
F1. Commercial Real 43,414,351 .9577 45,331,890 43,414,351
F2. Industrial Real 15,810,980 N/A 15,810,980 15,810,980
G. Oil, Gas, Minerals 4,503,720 N/A 4,503,720 4,503,720
J. Utilities 4,294,600 N/A 4,294,600 4,294,600
L1. Commercial Personal 3,293,522 N/A 3,293,522 3,293,522
L2. Industrial Personal 6,643,635 N/A 6,643,635 6,643,635
M. Other Personal 160,982 N/A 160,982 160,982
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 122,095,040 128,167,697 122,095,040
Less Total Deductions 16,520,259   17,543,009 16,520,259
Total Taxable Value 105,574,781 110,624,688 105,574,781 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
109,455,619 105,574,781 109,455,619 105,574,781


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,880,838 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
109,455,619 105,574,781 109,455,619 105,574,781

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.