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2007 ISD Summary Worksheet

108/Hidalgo
108-905/Hidalgo ISD

Category Local Tax Roll Value 2007 WTD Mean Ratio 2007 PTD Value Estimate 2007 Value Assigned
A. Single-Family Residences 105,200,826 1.0807 97,345,078 105,200,826
B. Multi-Family Residences 3,758,317 N/A 3,758,317 3,758,317
C. Vacant Lots 22,558,902 1.0209 22,097,073 22,558,902
D. Rural Real(Taxable) 18,663,407 .9977 18,705,836 18,663,407
F1. Commercial Real 137,460,862 .8115 169,391,081 137,460,862
F2. Industrial Real 24,798,801 N/A 24,798,801 24,798,801
G. Oil, Gas, Minerals 6,844,280 N/A 6,844,280 6,844,280
J. Utilities 8,288,299 N/A 8,288,299 8,288,299
L1. Commercial Personal 79,410,206 1.0208 77,792,130 79,410,206
L2. Industrial Personal 28,629,982 N/A 28,629,982 28,629,982
M. Other Personal 702,785 N/A 702,785 702,785
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 84,464 N/A 84,464 84,464
S. Special Inventory 265,394 N/A 265,394 265,394
Subtotal 436,666,525 458,703,520 436,666,525
Less Total Deductions 64,519,431   62,833,466 64,519,431
Total Taxable Value 372,147,094 395,870,054 372,147,094 T2*

* This district is in year 1 of the grace period.

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 14,242,541 N/A 14,242,541
Prod Value Qualified Acres 4,420,866 .9905 4,463,295
Taxable Value 18,663,407   18,705,836

*The taxable values shown here will not match the values reported by your appraisal district

NOTE: See the ISD Deduction Report for a breakdown of deduction values

SB4, Passed by the 1999 legislature, (Section 403.302(J) and (K), Government Code), requires the Comptroller to certify alternative measures of school district wealth (T1, T3, and T4) 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 Loss To The Additional $10,000 Homestead Exemption T2 50% Of The Loss To The Local Optional Percentage Homestead Exemption T3 T4
383,838,784 11,691,690 372,147,094 0 383,838,784 372,147,094

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

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

The PVS found your local value invalid, but local value was certified because your school district is in year one of the grace period.

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