taxes Property Tax Assistance

2018 ISD Summary Worksheet

108/Hidalgo

108-913/Weslaco ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,384,537,887 N/A 1,384,537,887 1,384,537,887
B. Multi-Family Residences 86,935,095 N/A 86,935,095 86,935,095
C1. Vacant Lots 111,041,051 N/A 111,041,051 111,041,051
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,142,768 N/A 6,142,768 6,142,768
D2. Real Prop Farm & Ranch 462,085 N/A 462,085 462,085
E. Real Prop NonQual Acres 60,938,162 N/A 60,938,162 60,938,162
F1. Commercial Real 639,500,448 N/A 639,500,448 639,500,448
F2. Industrial Real 14,285,385 N/A 14,285,385 14,285,385
G. Oil, Gas, Minerals 2,061,370 N/A 2,061,370 2,061,370
J. Utilities 44,626,844 N/A 44,626,844 44,626,844
L1. Commercial Personal 186,287,147 N/A 186,287,147 186,287,147
L2. Industrial Personal 24,351,373 N/A 24,351,373 24,351,373
M. Other Personal 61,478,897 N/A 61,478,897 61,478,897
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 13,399,168 N/A 13,399,168 13,399,168
S. Special Inventory 19,673,560 N/A 19,673,560 19,673,560
Subtotal 2,655,721,240 2,655,721,240 2,655,721,240
Less Total Deductions 387,719,111   387,719,111 387,719,111
Total Taxable Value 2,268,002,129 2,268,002,129 2,268,002,129 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
2,375,400,726 2,268,002,129 2,375,400,726 2,268,002,129


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
107,398,597 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
2,375,400,726 2,268,002,129 2,375,400,726 2,268,002,129

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