taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

178/Nueces

178-905/Driscoll ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 24,540,537 .9679 25,354,414 24,540,537
B. Multi-Family Residences 373,498 N/A 373,498 373,498
C1. Vacant Lots 2,047,567 N/A 2,047,567 2,047,567
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,008,954 .9145 10,944,585 10,008,954
D2. Real Prop Farm & Ranch 167,424 N/A 167,424 167,424
E. Real Prop NonQual Acres 2,307,879 N/A 2,307,879 2,307,879
F1. Commercial Real 2,332,213 N/A 2,332,213 2,332,213
F2. Industrial Real 24,084,634 N/A 24,084,634 24,084,634
G. Oil, Gas, Minerals 29,088,106 1.0027 29,009,780 29,088,106
J. Utilities 15,579,467 .9718 16,031,557 15,579,467
L1. Commercial Personal 9,850,842 1.0264 9,597,469 9,850,842
L2. Industrial Personal 2,386,528 N/A 2,386,528 2,386,528
M. Other Personal 1,126,693 N/A 1,126,693 1,126,693
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 30,035 N/A 30,035 30,035
S. Special Inventory 0 N/A 0 0
Subtotal 123,924,377 125,794,276 123,924,377
Less Total Deductions 10,859,274   11,172,017 10,859,274
Total Taxable Value 113,065,103 114,622,259 113,065,103 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
115,405,338 113,065,103 115,405,338 113,065,103 113,155,585 113,155,585


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,340,235 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
115,405,338 113,065,103 115,405,338 113,065,103 113,155,585 113,155,585

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