taxes Property Tax Assistance

2016 ISD Summary Worksheet

123/Jefferson

123-905/Nederland ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,200,839,302 .9728 1,234,415,401 1,200,839,302
B. Multi-Family Residences 103,764,320 .9538 108,790,438 103,764,320
C1. Vacant Lots 21,488,191 N/A 21,488,191 21,488,191
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 79,800 1.3910 57,368 79,800
D2. Real Prop Farm & Ranch 100,460 N/A 100,460 100,460
E. Real Prop NonQual Acres 9,330,415 N/A 9,330,415 9,330,415
F1. Commercial Real 242,645,701 1.0072 240,911,141 242,645,701
F2. Industrial Real 608,250,680 N/A 608,250,680 608,250,680
G. Oil, Gas, Minerals 330,941 N/A 330,941 330,941
J. Utilities 69,320,420 .9494 73,014,978 69,320,420
L1. Commercial Personal 175,909,116 .9864 178,334,465 175,909,116
L2. Industrial Personal 195,393,640 N/A 195,393,640 195,393,640
M. Other Personal 6,053,390 N/A 6,053,390 6,053,390
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 5,697,370 N/A 5,697,370 5,697,370
S. Special Inventory 19,681,290 N/A 19,681,290 19,681,290
Subtotal 2,658,885,036 2,701,850,168 2,658,885,036
Less Total Deductions 495,078,496   504,408,763 495,078,496
Total Taxable Value 2,163,806,540 2,197,441,405 2,163,806,540 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
2,229,058,102 2,163,806,540 2,229,058,102 2,163,806,540


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
65,251,562 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
2,400,111,402 2,334,859,840 2,400,111,402 2,334,859,840

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