taxes Property Tax Assistance

2020 ISD Summary Worksheet

178-Nueces /Nueces County

178-912/Tuloso-Midway ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 536,865,359 0.9313 576,468,763 536,865,359
B - MULTIFAMILY 52,998,672 N/A 52,998,672 52,998,672
C1 - VACANT LOTS 110,915,260 N/A 110,915,260 110,915,260
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,016,934 0.9462 6,358,799 6,016,934
D2 - FARM & RANCH IMP 438,784 N/A 438,784 438,784
E - NON-AG LAND AND IMPROVEMENTS 12,518,360 N/A 12,518,360 12,518,360
F1 - COMMERCIAL REAL 264,127,903 0.8610 306,768,761 264,127,903
F2 - INDUSTRIAL REAL 2,347,048,136 N/A 2,347,048,136 2,347,048,136
G - ALL MINERALS 1,519,880 N/A 1,519,880 1,519,880
J - ALL UTILITIES 93,903,449 0.9175 102,347,083 93,903,449
L1 - COMMERCIAL PERSONAL 283,677,753 1.0678 265,665,624 283,677,753
L2 - INDUSTRIAL PERSONAL 378,613,298 N/A 378,613,298 378,613,298
M1 - MOBILE HOMES 10,958,628 N/A 10,958,628 10,958,628
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,604,816 N/A 5,604,816 5,604,816
S - SPECIAL INVENTORY 10,478,869 N/A 10,478,869 10,478,869
Subtotal 4,115,686,101 0 4,188,703,733 4,115,686,101
Less Total Deductions 677,247,346 0 686,320,666 677,247,346
Total Taxable Value 3,438,438,755 0 3,502,383,067 3,438,438,755

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
3,463,504,495 3,438,438,755 3,424,238,264 3,399,172,524


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
25,065,740 39,266,231


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
3,965,698,488 3,940,632,748 3,926,432,257 3,901,366,517

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 ONE OF THE GRACE PERIOD

178-912-02/Tuloso-Midway ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 536,865,359 0.9313 576,468,763 536,865,359
B - MULTIFAMILY 52,998,672 N/A 52,998,672 52,998,672
C1 - VACANT LOTS 110,915,260 N/A 110,915,260 110,915,260
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,016,934 0.9462 6,358,799 6,016,934
D2 - FARM & RANCH IMP 438,784 N/A 438,784 438,784
E - NON-AG LAND AND IMPROVEMENTS 12,518,360 N/A 12,518,360 12,518,360
F1 - COMMERCIAL REAL 264,127,903 0.8610 306,768,761 264,127,903
F2 - INDUSTRIAL REAL 2,347,048,136 N/A 2,347,048,136 2,347,048,136
G - ALL MINERALS 1,519,880 N/A 1,519,880 1,519,880
J - ALL UTILITIES 93,903,449 0.9175 102,347,083 93,903,449
L1 - COMMERCIAL PERSONAL 283,677,753 1.0678 265,665,624 283,677,753
L2 - INDUSTRIAL PERSONAL 378,613,298 N/A 378,613,298 378,613,298
M1 - MOBILE HOMES 10,958,628 N/A 10,958,628 10,958,628
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,604,816 N/A 5,604,816 5,604,816
S - SPECIAL INVENTORY 10,478,869 N/A 10,478,869 10,478,869
Subtotal 4,115,686,101 4,188,703,733 4,115,686,101
Less Total Deductions 677,247,346 686,320,666 677,247,346
Total Taxable Value 3,438,438,755 3,502,383,067 3,438,438,755

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
3,463,504,495 3,438,438,755 3,424,238,264 3,399,172,524


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
25,065,740 39,266,231


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
3,965,698,488 3,940,632,748 3,926,432,257 3,901,366,517

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