taxes Property Tax Assistance

2017 ISD Summary Worksheet

178/Nueces

178-912/Tuloso-Midway ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 466,065,278 N/A 466,065,278 466,065,278
B. Multi-Family Residences 29,248,216 N/A 29,248,216 29,248,216
C1. Vacant Lots 107,818,055 N/A 107,818,055 107,818,055
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,602,834 N/A 5,602,834 5,602,834
D2. Real Prop Farm & Ranch 251,399 N/A 251,399 251,399
E. Real Prop NonQual Acres 13,383,075 N/A 13,383,075 13,383,075
F1. Commercial Real 234,604,687 N/A 234,604,687 234,604,687
F2. Industrial Real 1,792,010,586 N/A 1,792,010,586 1,792,010,586
G. Oil, Gas, Minerals 1,412,128 N/A 1,412,128 1,412,128
J. Utilities 67,884,352 N/A 67,884,352 67,884,352
L1. Commercial Personal 250,714,215 N/A 250,714,215 250,714,215
L2. Industrial Personal 358,007,934 N/A 358,007,934 358,007,934
M. Other Personal 7,661,819 N/A 7,661,819 7,661,819
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,857,448 N/A 2,857,448 2,857,448
S. Special Inventory 6,158,019 N/A 6,158,019 6,158,019
Subtotal 3,343,680,045 3,343,680,045 3,343,680,045
Less Total Deductions 639,881,889   639,881,889 639,881,889
Total Taxable Value 2,703,798,156 2,703,798,156 2,703,798,156 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
2,728,430,217 2,703,798,156 2,692,728,221 2,668,096,160


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
24,632,061 35,701,996


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
3,195,068,410 3,170,436,349 3,159,366,414 3,134,734,353

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