taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

235/Victoria

235-904/Nursery ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 72,278,800 1.0030 72,062,612 72,278,800
B. Multi-Family Residences 40,730 N/A 40,730 40,730
C1. Vacant Lots 1,372,430 N/A 1,372,430 1,372,430
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,474,574 .8895 2,782,119 2,474,574
D2. Real Prop Farm & Ranch 339,219 N/A 339,219 339,219
E. Real Prop NonQual Acres 21,682,628 1.0863 19,960,074 21,682,628
F1. Commercial Real 6,507,670 .9217 7,060,508 6,507,670
F2. Industrial Real 88,436,460 N/A 88,436,460 88,436,460
G. Oil, Gas, Minerals 1,533,930 N/A 1,533,930 1,533,930
J. Utilities 24,084,280 .9087 26,504,105 24,084,280
L1. Commercial Personal 2,896,990 N/A 2,896,990 2,896,990
L2. Industrial Personal 24,772,040 N/A 24,772,040 24,772,040
M. Other Personal 1,107,690 N/A 1,107,690 1,107,690
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 378,690 N/A 378,690 378,690
S. Special Inventory 51,800 N/A 51,800 51,800
Subtotal 247,957,931 249,299,397 247,957,931
Less Total Deductions 18,879,305   18,810,780 18,879,305
Total Taxable Value 229,078,626 230,488,617 229,078,626 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
233,482,207 229,078,626 233,482,207 229,078,626 229,647,717 229,647,717


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,403,581 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
233,482,207 229,078,626 233,482,207 229,078,626 229,647,717 229,647,717

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