taxes Property Tax Assistance

2020 ISD Summary Worksheet

178-Nueces

178-904/Corpus Christi ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 10,213,082,088 0.9578 10,663,063,362 10,213,082,088
B - MULTIFAMILY 1,587,564,734 0.9106 1,743,427,118 1,587,564,734
C1 - VACANT LOTS 318,557,757 0.9290 342,903,936 318,557,757
C2 - COLONIA LOTS 8,680 N/A 8,680 8,680
D1 ACRES - QUALIFIED OPEN-SPACE LAND 784,606 0.9648 813,262 784,606
D2 - FARM & RANCH IMP 378,558 N/A 378,558 378,558
E - NON-AG LAND AND IMPROVEMENTS 18,407,659 N/A 18,407,659 18,407,659
F1 - COMMERCIAL REAL 3,097,711,180 0.7857 3,942,613,186 3,097,711,180
F2 - INDUSTRIAL REAL 2,866,252,141 N/A 2,866,252,141 2,866,252,141
G - ALL MINERALS 16,750,482 N/A 16,750,482 16,750,482
J - ALL UTILITIES 314,300,166 0.8610 365,040,843 314,300,166
L1 - COMMERCIAL PERSONAL 1,408,982,073 1.0865 1,296,808,167 1,408,982,073
L2 - INDUSTRIAL PERSONAL 602,936,087 N/A 602,936,087 602,936,087
M1 - MOBILE HOMES 21,500,154 N/A 21,500,154 21,500,154
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 28,058,463 N/A 28,058,463 28,058,463
S - SPECIAL INVENTORY 80,858,591 N/A 80,858,591 80,858,591
Subtotal 20,576,133,419 0 21,989,820,689 20,576,133,419
Less Total Deductions 3,121,949,394 0 3,254,034,316 3,121,949,394
Total Taxable Value 17,454,184,025 0 18,735,786,373 17,454,184,025

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
17,893,354,004 17,454,184,025 17,893,354,004 17,454,184,025


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
439,169,979 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
17,893,354,004 17,454,184,025 17,893,354,004 17,454,184,025

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

178-904-02/Corpus Christi ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 10,213,082,088 0.9578 10,663,063,362 10,213,082,088
B - MULTIFAMILY 1,587,564,734 0.9106 1,743,427,118 1,587,564,734
C1 - VACANT LOTS 318,557,757 0.9290 342,903,936 318,557,757
C2 - COLONIA LOTS 8,680 N/A 8,680 8,680
D1 ACRES - QUALIFIED OPEN-SPACE LAND 784,606 0.9648 813,262 784,606
D2 - FARM & RANCH IMP 378,558 N/A 378,558 378,558
E - NON-AG LAND AND IMPROVEMENTS 18,407,659 N/A 18,407,659 18,407,659
F1 - COMMERCIAL REAL 3,097,711,180 0.7857 3,942,613,186 3,097,711,180
F2 - INDUSTRIAL REAL 2,866,252,141 N/A 2,866,252,141 2,866,252,141
G - ALL MINERALS 16,750,482 N/A 16,750,482 16,750,482
J - ALL UTILITIES 314,300,166 0.8610 365,040,843 314,300,166
L1 - COMMERCIAL PERSONAL 1,408,982,073 1.0865 1,296,808,167 1,408,982,073
L2 - INDUSTRIAL PERSONAL 602,936,087 N/A 602,936,087 602,936,087
M1 - MOBILE HOMES 21,500,154 N/A 21,500,154 21,500,154
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 28,058,463 N/A 28,058,463 28,058,463
S - SPECIAL INVENTORY 80,858,591 N/A 80,858,591 80,858,591
Subtotal 20,576,133,419 21,989,820,689 20,576,133,419
Less Total Deductions 3,121,949,394 3,254,034,316 3,121,949,394
Total Taxable Value 17,454,184,025 18,735,786,373 17,454,184,025

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
17,893,354,004 17,454,184,025 17,893,354,004 17,454,184,025


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
439,169,979 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
17,893,354,004 17,454,184,025 17,893,354,004 17,454,184,025

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