taxes Property Tax Assistance

2017 ISD Summary Worksheet

108/Hidalgo

108-915/Monte Alto 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 43,277,425 .8064 53,667,442 43,277,425
B. Multi-Family Residences 755,359 N/A 755,359 755,359
C1. Vacant Lots 7,016,905 .9497 7,388,549 7,016,905
C2. Colonia Lots 21,300 N/A 21,300 21,300
D1. Rural Real(Taxable) 9,106,077 .8369 10,880,774 9,106,077
D2. Real Prop Farm & Ranch 1,490,177 N/A 1,490,177 1,490,177
E. Real Prop NonQual Acres 20,957,935 .9451 22,175,362 20,957,935
F1. Commercial Real 7,169,113 .9666 7,416,835 7,169,113
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 3,871,472 N/A 3,871,472 3,871,472
L1. Commercial Personal 16,669,026 1.0005 16,660,696 16,669,026
L2. Industrial Personal 330,800 N/A 330,800 330,800
M. Other Personal 1,077,906 N/A 1,077,906 1,077,906
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 19,011 N/A 19,011 19,011
Subtotal 111,762,506 125,755,683 111,762,506
Less Total Deductions 18,192,770   20,722,166 18,192,770
Total Taxable Value 93,569,736 105,033,517 93,569,736 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
98,786,212 93,569,736 98,786,212 93,569,736


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,216,476 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
98,786,212 93,569,736 98,786,212 93,569,736

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.