taxes Property Tax Assistance

2017 ISD Summary Worksheet

108/Hidalgo

108-911/Sharyland ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 2,373,825,760 .9950 2,385,754,533 2,373,825,760
B. Multi-Family Residences 143,807,290 N/A 143,807,290 143,807,290
C1. Vacant Lots 118,967,758 N/A 118,967,758 118,967,758
C2. Colonia Lots 303,440 N/A 303,440 303,440
D1. Rural Real(Taxable) 2,102,986 .7552 2,784,586 2,102,986
D2. Real Prop Farm & Ranch 1,570,436 N/A 1,570,436 1,570,436
E. Real Prop NonQual Acres 82,316,774 N/A 82,316,774 82,316,774
F1. Commercial Real 516,848,423 1.0005 516,590,128 516,848,423
F2. Industrial Real 4,090,488 N/A 4,090,488 4,090,488
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 33,753,160 N/A 33,753,160 33,753,160
L1. Commercial Personal 300,151,014 1.0163 295,337,021 300,151,014
L2. Industrial Personal 5,677,871 N/A 5,677,871 5,677,871
M. Other Personal 14,041,446 N/A 14,041,446 14,041,446
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 14,558,724 N/A 14,558,724 14,558,724
S. Special Inventory 6,140,485 N/A 6,140,485 6,140,485
Subtotal 3,618,156,055 3,625,694,140 3,618,156,055
Less Total Deductions 495,375,883   496,891,826 495,375,883
Total Taxable Value 3,122,780,172 3,128,802,314 3,122,780,172 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
3,202,452,424 3,122,780,172 3,202,452,424 3,122,780,172


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
79,672,252 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
3,202,452,424 3,122,780,172 3,202,452,424 3,122,780,172

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