taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

178/Nueces

178-912/Tuloso-Midway ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 352,656,419 N/A 352,656,419 352,656,419
B. Multi-Family Residences 18,837,969 N/A 18,837,969 18,837,969
C1. Vacant Lots 98,402,451 N/A 98,402,451 98,402,451
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,457,704 N/A 5,457,704 5,457,704
D2. Real Prop Farm & Ranch 102,283 N/A 102,283 102,283
E. Real Prop NonQual Acres 14,484,745 N/A 14,484,745 14,484,745
F1. Commercial Real 175,089,088 N/A 175,089,088 175,089,088
F2. Industrial Real 995,218,284 N/A 995,218,284 995,218,284
G. Oil, Gas, Minerals 10,580,348 N/A 10,580,348 10,580,348
J. Utilities 51,113,527 N/A 51,113,527 51,113,527
L1. Commercial Personal 252,512,757 N/A 252,512,757 252,512,757
L2. Industrial Personal 342,217,064 N/A 342,217,064 342,217,064
M. Other Personal 5,111,641 N/A 5,111,641 5,111,641
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 1,151,769 N/A 1,151,769 1,151,769
S. Special Inventory 6,445,712 N/A 6,445,712 6,445,712
Subtotal 2,329,381,761 2,329,381,761 2,329,381,761
Less Total Deductions 107,099,644   107,099,644 107,099,644
Total Taxable Value 2,222,282,117 2,222,282,117 2,222,282,117 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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
2,246,401,643 2,222,282,117 2,218,905,416 2,194,785,890 2,222,282,117 2,194,785,890


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
24,119,526 27,496,227


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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
2,246,401,643 2,222,282,117 2,218,905,416 2,194,785,890 2,222,282,117 2,194,785,890

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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