taxes Property Tax Assistance

2018 ISD Summary Worksheet

108/Hidalgo

108-907/Mercedes ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 286,744,719 N/A 286,744,719 286,744,719
B. Multi-Family Residences 16,075,597 N/A 16,075,597 16,075,597
C1. Vacant Lots 30,100,521 N/A 30,100,521 30,100,521
C2. Colonia Lots 11,760 N/A 11,760 11,760
D1. Rural Real(Taxable) 7,781,879 N/A 7,781,879 7,781,879
D2. Real Prop Farm & Ranch 765,533 N/A 765,533 765,533
E. Real Prop NonQual Acres 25,268,977 N/A 25,268,977 25,268,977
F1. Commercial Real 167,340,729 N/A 167,340,729 167,340,729
F2. Industrial Real 3,000,795 N/A 3,000,795 3,000,795
G. Oil, Gas, Minerals 48,470 N/A 48,470 48,470
J. Utilities 27,767,726 N/A 27,767,726 27,767,726
L1. Commercial Personal 68,590,391 N/A 68,590,391 68,590,391
L2. Industrial Personal 5,699,028 N/A 5,699,028 5,699,028
M. Other Personal 2,208,769 N/A 2,208,769 2,208,769
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,716,796 N/A 2,716,796 2,716,796
S. Special Inventory 213,844 N/A 213,844 213,844
Subtotal 644,335,534 644,335,534 644,335,534
Less Total Deductions 105,490,440   105,490,440 105,490,440
Total Taxable Value 538,845,094 538,845,094 538,845,094 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
567,832,497 538,845,094 567,832,497 538,845,094


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
28,987,403 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
567,832,497 538,845,094 567,832,497 538,845,094

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