taxes Property Tax Assistance

2021 ISD Summary Worksheet

178-Nueces /Nueces County

178-912/Tuloso-Midway ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 602,959,344 0.9282 649,600,672 602,959,344
B - MULTIFAMILY 57,502,590 N/A 57,502,590 57,502,590
C1 - VACANT LOTS 112,229,818 N/A 112,229,818 112,229,818
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,442,212 0.9523 6,765,246 6,442,212
D2 - FARM & RANCH IMP 449,214 N/A 449,214 449,214
E - NON-AG LAND AND IMPROVEMENTS 12,620,217 N/A 12,620,217 12,620,217
F1 - COMMERCIAL REAL 299,323,521 0.8702 343,970,950 299,323,521
F2 - INDUSTRIAL REAL 2,252,171,050 N/A 2,252,171,050 2,252,171,050
G - ALL MINERALS 1,406,210 N/A 1,406,210 1,406,210
J - ALL UTILITIES 99,690,163 0.9645 103,359,422 99,690,163
L1 - COMMERCIAL PERSONAL 256,634,311 1.0270 249,887,352 256,634,311
L2 - INDUSTRIAL PERSONAL 304,960,519 N/A 304,960,519 304,960,519
M1 - MOBILE HOMES 10,696,709 N/A 10,696,709 10,696,709
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 4,730,705 N/A 4,730,705 4,730,705
S - SPECIAL INVENTORY 8,323,540 N/A 8,323,540 8,323,540
Subtotal 4,030,140,123 0 4,118,674,214 4,030,140,123
Less Total Deductions 695,022,886 0 705,740,302 695,022,886
Total Taxable Value 3,335,117,237 0 3,412,933,912 3,335,117,237

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
3,360,957,224 3,335,117,237 3,317,403,041 3,291,563,054


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
25,839,987 43,554,183


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
3,861,564,067 3,835,724,080 3,818,009,884 3,792,169,897

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 TWO OF THE GRACE PERIOD

178-912-02/Tuloso-Midway ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 602,959,344 0.9282 649,600,672 602,959,344
B - MULTIFAMILY 57,502,590 N/A 57,502,590 57,502,590
C1 - VACANT LOTS 112,229,818 N/A 112,229,818 112,229,818
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,442,212 0.9523 6,765,246 6,442,212
D2 - FARM & RANCH IMP 449,214 N/A 449,214 449,214
E - NON-AG LAND AND IMPROVEMENTS 12,620,217 N/A 12,620,217 12,620,217
F1 - COMMERCIAL REAL 299,323,521 0.8702 343,970,950 299,323,521
F2 - INDUSTRIAL REAL 2,252,171,050 N/A 2,252,171,050 2,252,171,050
G - ALL MINERALS 1,406,210 N/A 1,406,210 1,406,210
J - ALL UTILITIES 99,690,163 0.9645 103,359,422 99,690,163
L1 - COMMERCIAL PERSONAL 256,634,311 1.0270 249,887,352 256,634,311
L2 - INDUSTRIAL PERSONAL 304,960,519 N/A 304,960,519 304,960,519
M1 - MOBILE HOMES 10,696,709 N/A 10,696,709 10,696,709
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 4,730,705 N/A 4,730,705 4,730,705
S - SPECIAL INVENTORY 8,323,540 N/A 8,323,540 8,323,540
Subtotal 4,030,140,123 4,118,674,214 4,030,140,123
Less Total Deductions 695,022,886 705,740,302 695,022,886
Total Taxable Value 3,335,117,237 3,412,933,912 3,335,117,237

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
3,360,957,224 3,335,117,237 3,317,403,041 3,291,563,054


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
25,839,987 43,554,183


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
3,861,564,067 3,835,724,080 3,818,009,884 3,792,169,897

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