2008 ISD Summary Worksheet
108/Hidalgo
108-903/Edcouch-Elsa ISD
| Category | Local Tax Roll Value | 2008 WTD Mean Ratio | 2008 PTD Value Estimate | 2008 Value Assigned |
|---|---|---|---|---|
| A. Single-Family Residences | 172,378,521 | .9151 | 188,371,239 | 172,378,521 |
| B. Multi-Family Residences | 5,494,390 | N/A | 5,494,390 | 5,494,390 |
| C. Vacant Lots | 16,545,474 | 1.0336 | 16,007,618 | 16,545,474 |
| D. Rural Real(Taxable) | 15,629,946 | 1.0336 | 15,122,535 | 15,629,946 |
| F1. Commercial Real | 32,261,365 | .7692 | 41,941,452 | 32,261,365 |
| F2. Industrial Real | 1,968,669 | N/A | 1,968,669 | 1,968,669 |
| G. Oil, Gas, Minerals | 134,500 | N/A | 134,500 | 134,500 |
| J. Utilities | 10,410,092 | N/A | 10,410,092 | 10,410,092 |
| L1. Commercial Personal | 10,685,679 | N/A | 10,685,679 | 10,685,679 |
| L2. Industrial Personal | 1,213,698 | N/A | 1,213,698 | 1,213,698 |
| M. Other Personal | 847,159 | N/A | 847,159 | 847,159 |
| N. Intangible Pers/Uncert | 0 | N/A | 0 | 0 |
| O. Residential Inventory | 671,089 | N/A | 671,089 | 671,089 |
| S. Special Inventory | 235,027 | N/A | 235,027 | 235,027 |
| Subtotal | 268,475,609 | 293,103,147 | 268,475,609 | |
| Less Total Deductions | 55,654,430 | 59,087,437 | 55,654,430 | |
| Total Taxable Value | 212,821,179 | 234,015,710 | 212,821,179 T2** |
** This district is in year 2 of the grace period.
| Category D Detail | Local Tax Roll | Ratio | PTD Value |
|---|---|---|---|
| Market Value Non-Qualified Acres And Farm/Ranch Imp | 10,898,391 | 1.0554 | 10,326,313 |
| Prod Value Qualified Acres | 4,731,555 | .9865 | 4,796,222 |
| Taxable Value | 15,629,946 | 15,122,535 |
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 (T1, T3, T4, T5 and T6) in addition to the traditional measure (T2). Questions about the extent to which any of these wealth measures affect school funding should be directed to the Division Of State Funding at the Texas Education Agency, Telephone #512-463-9238.
| T1 | T2 | T3 | T4 | T5 | T6 |
|---|---|---|---|---|---|
| 239,211,654 | 212,821,179 | 239,211,654 | 212,821,179 | 214,219,669 | 214,219,669 |
| Loss To the Additional $10,000 Homestead Exemption |
50% of the loss To the Local Optional Percentage Homestead Exemption |
|---|---|
| 26,390,475 | 0 |
T1 = School district taxable value before the loss to the additional $10,000 homestead exemption
T2 = School district taxable value 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 exemptionT4 = T2 minus 50% of the loss to the local optional percentage homestead exemption
T5 = T2 Before the loss to the tax ceiling reduction
T6 = T5 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 two of the grace period.