taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

235/Victoria

235-902/Victoria ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 2,948,241,797 .9945 2,964,546,804 2,948,241,797
B. Multi-Family Residences 164,105,741 N/A 164,105,741 164,105,741
C1. Vacant Lots 51,840,453 N/A 51,840,453 51,840,453
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 35,798,569 .9386 38,140,634 35,798,569
D2. Real Prop Farm & Ranch 7,118,828 N/A 7,118,828 7,118,828
E. Real Prop NonQual Acres 280,190,847 .9677 289,543,089 280,190,847
F1. Commercial Real 874,171,574 .9020 969,148,086 874,171,574
F2. Industrial Real 626,309,990 N/A 626,309,990 626,309,990
G. Oil, Gas, Minerals 87,629,380 N/A 87,629,380 87,629,380
J. Utilities 191,620,990 N/A 191,620,990 191,620,990
L1. Commercial Personal 534,003,400 1.0321 517,395,020 534,003,400
L2. Industrial Personal 854,551,420 N/A 854,551,420 854,551,420
M. Other Personal 20,649,350 N/A 20,649,350 20,649,350
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 8,725,460 N/A 8,725,460 8,725,460
S. Special Inventory 40,190,260 N/A 40,190,260 40,190,260
Subtotal 6,725,148,059 6,831,515,505 6,725,148,059
Less Total Deductions 916,510,123   921,484,078 916,510,123
Total Taxable Value 5,808,637,936 5,910,031,427 5,808,637,936 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
5,974,572,240 5,808,637,936 5,974,572,240 5,808,637,936 5,837,048,639 5,837,048,639


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
165,934,304 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

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
5,974,572,240 5,808,637,936 5,974,572,240 5,808,637,936 5,837,048,639 5,837,048,639

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