taxes Property Tax Assistance

2022 ISD Summary Worksheet

163-Medina /Medina County

163-903/Natalia ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 300,811,232 0.9083 331,180,482 331,180,482
B - MULTIFAMILY 1,890,536 N/A 1,890,536 1,890,536
C1 - VACANT LOTS 56,422,745 0.8315 67,856,578 67,856,578
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,188,180 0.9793 3,255,511 3,255,511
D2 - FARM & RANCH IMP 4,772,910 N/A 4,772,910 4,772,910
E - NON-AG LAND AND IMPROVEMENTS 90,992,320 0.9195 98,958,477 98,958,477
F1 - COMMERCIAL REAL 14,221,023 N/A 14,221,023 14,221,023
F2 - INDUSTRIAL REAL 150,990 N/A 150,990 150,990
G - ALL MINERALS 444,920 N/A 444,920 444,920
J - ALL UTILITIES 18,704,790 N/A 18,704,790 18,704,790
L1 - COMMERCIAL PERSONAL 3,660,080 N/A 3,660,080 3,660,080
L2 - INDUSTRIAL PERSONAL 669,190 N/A 669,190 669,190
M1 - MOBILE HOMES 20,890,240 N/A 20,890,240 20,890,240
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 516,819,156 0 566,655,727 566,655,727
Less Total Deductions 146,682,095 0 159,817,663 159,817,663
Total Taxable Value 370,137,061 0 406,838,064 406,838,064

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 T13
424,037,819 406,838,064 424,037,819 406,838,064 439,497,819


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
17,199,755 0 15,460,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
424,037,819 406,838,064 424,037,819 406,838,064 439,497,819

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR TAXABLE 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)

163-903-02/Natalia ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 300,811,232 0.9083 331,180,482 331,180,482
B - MULTIFAMILY 1,890,536 N/A 1,890,536 1,890,536
C1 - VACANT LOTS 56,422,745 0.8315 67,856,578 67,856,578
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,188,180 0.9793 3,255,511 3,255,511
D2 - FARM & RANCH IMP 4,772,910 N/A 4,772,910 4,772,910
E - NON-AG LAND AND IMPROVEMENTS 90,992,320 0.9195 98,958,477 98,958,477
F1 - COMMERCIAL REAL 14,221,023 N/A 14,221,023 14,221,023
F2 - INDUSTRIAL REAL 150,990 N/A 150,990 150,990
G - ALL MINERALS 444,920 N/A 444,920 444,920
J - ALL UTILITIES 18,704,790 N/A 18,704,790 18,704,790
L1 - COMMERCIAL PERSONAL 3,660,080 N/A 3,660,080 3,660,080
L2 - INDUSTRIAL PERSONAL 669,190 N/A 669,190 669,190
M1 - MOBILE HOMES 20,890,240 N/A 20,890,240 20,890,240
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 516,819,156 566,655,727 566,655,727
Less Total Deductions 146,682,095 159,817,663 159,817,663
Total Taxable Value 370,137,061 406,838,064 406,838,064

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 T13
424,037,819 406,838,064 424,037,819 406,838,064 439,497,819


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
17,199,755 0 15,460,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
424,037,819 406,838,064 424,037,819 406,838,064 439,497,819

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement