taxes Property Tax Assistance

2022 ISD Summary Worksheet

178-Nueces/Nueces County

178-912/Tuloso-Midway ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 712,610,493 0.9049 787,501,926 787,501,926
B - MULTIFAMILY 65,325,964 N/A 65,325,964 65,325,964
C1 - VACANT LOTS 111,751,840 0.9024 123,838,475 123,838,475
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,097,546 1.0007 7,092,587 7,092,587
D2 - FARM & RANCH IMP 473,527 N/A 473,527 473,527
E - NON-AG LAND AND IMPROVEMENTS 18,799,045 N/A 18,799,045 18,799,045
F1 - COMMERCIAL REAL 332,339,701 0.9643 344,643,473 344,643,473
F2 - INDUSTRIAL REAL 2,292,008,352 N/A 2,292,008,352 2,292,008,352
G - ALL MINERALS 1,732,020 N/A 1,732,020 1,732,020
J - ALL UTILITIES 105,391,215 1.0290 102,421,006 102,421,006
L1 - COMMERCIAL PERSONAL 244,002,564 1.0066 242,402,706 242,402,706
L2 - INDUSTRIAL PERSONAL 341,302,603 N/A 341,302,603 341,302,603
M1 - MOBILE HOMES 11,269,920 N/A 11,269,920 11,269,920
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,243,911 N/A 2,243,911 2,243,911
S - SPECIAL INVENTORY 8,808,061 N/A 8,808,061 8,808,061
Subtotal 4,255,156,762 0 4,349,863,576 4,349,863,576
Less Total Deductions 767,644,185 0 787,001,438 787,001,438
Total Taxable Value 3,487,512,577 0 3,562,862,138 3,562,862,138

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

Measure Value Description
T1 3,602,014,231 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,562,862,138 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 3,552,774,005 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,513,621,912 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,630,654,231 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 4,102,621,074 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,063,468,981 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 4,053,380,848 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,014,228,755 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 4,131,261,074 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 39,152,093 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 49,240,226 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 28,640,000 Loss to the previous increase in the state-mandated homestead

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

178-912-02/Tuloso-Midway ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 712,610,493 0.9049 787,501,926 787,501,926
B - MULTIFAMILY 65,325,964 N/A 65,325,964 65,325,964
C1 - VACANT LOTS 111,751,840 0.9024 123,838,475 123,838,475
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,097,546 1.0007 7,092,587 7,092,587
D2 - FARM & RANCH IMP 473,527 N/A 473,527 473,527
E - NON-AG LAND AND IMPROVEMENTS 18,799,045 N/A 18,799,045 18,799,045
F1 - COMMERCIAL REAL 332,339,701 0.9643 344,643,473 344,643,473
F2 - INDUSTRIAL REAL 2,292,008,352 N/A 2,292,008,352 2,292,008,352
G - ALL MINERALS 1,732,020 N/A 1,732,020 1,732,020
J - ALL UTILITIES 105,391,215 1.0290 102,421,006 102,421,006
L1 - COMMERCIAL PERSONAL 244,002,564 1.0066 242,402,706 242,402,706
L2 - INDUSTRIAL PERSONAL 341,302,603 N/A 341,302,603 341,302,603
M1 - MOBILE HOMES 11,269,920 N/A 11,269,920 11,269,920
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 2,243,911 N/A 2,243,911 2,243,911
S - SPECIAL INVENTORY 8,808,061 N/A 8,808,061 8,808,061
Subtotal 4,255,156,762 4,349,863,576 4,349,863,576
Less Total Deductions 767,644,185 787,001,438 787,001,438
Total Taxable Value 3,487,512,577 3,562,862,138 3,562,862,138

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

Measure Value Description
T1 3,602,014,231 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,562,862,138 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 3,552,774,005 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,513,621,912 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 3,630,654,231 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 4,102,621,074 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,063,468,981 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 4,053,380,848 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,014,228,755 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 4,131,261,074 T13 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 39,152,093 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 49,240,226 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 28,640,000 Loss to the previous increase in the state-mandated homestead