taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

235/Victoria

235-904/Nursery ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 77,230,450 N/A 77,230,450 77,230,450
B. Multi-Family Residences 40,730 N/A 40,730 40,730
C1. Vacant Lots 1,083,520 N/A 1,083,520 1,083,520
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,451,489 N/A 2,451,489 2,451,489
D2. Real Prop Farm & Ranch 363,224 N/A 363,224 363,224
E. Real Prop NonQual Acres 21,818,181 N/A 21,818,181 21,818,181
F1. Commercial Real 7,282,370 N/A 7,282,370 7,282,370
F2. Industrial Real 80,573,060 N/A 80,573,060 80,573,060
G. Oil, Gas, Minerals 844,690 N/A 844,690 844,690
J. Utilities 26,077,030 N/A 26,077,030 26,077,030
L1. Commercial Personal 4,152,200 N/A 4,152,200 4,152,200
L2. Industrial Personal 20,687,430 N/A 20,687,430 20,687,430
M. Other Personal 1,044,320 N/A 1,044,320 1,044,320
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 324,930 N/A 324,930 324,930
S. Special Inventory 45,600 N/A 45,600 45,600
Subtotal 244,019,224 244,019,224 244,019,224
Less Total Deductions 21,629,624   21,629,624 21,629,624
Total Taxable Value 222,389,600 222,389,600 222,389,600 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
226,525,652 222,389,600 226,525,652 222,389,600


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,136,052 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
226,525,652 222,389,600 226,525,652 222,389,600

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

The PVS found your local value to be valid, and local value was certified