taxes Property Tax Assistance

2016 ISD Summary Worksheet

235/Victoria

235-902/Victoria ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 3,165,781,403 .9766 3,241,635,678 3,165,781,403
B. Multi-Family Residences 228,118,210 N/A 228,118,210 228,118,210
C1. Vacant Lots 49,937,843 N/A 49,937,843 49,937,843
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 37,434,416 1.1412 32,803,674 37,434,416
D2. Real Prop Farm & Ranch 8,280,178 N/A 8,280,178 8,280,178
E. Real Prop NonQual Acres 291,692,698 .9409 310,014,558 291,692,698
F1. Commercial Real 904,111,754 .9372 964,694,573 904,111,754
F2. Industrial Real 513,962,150 N/A 513,962,150 513,962,150
G. Oil, Gas, Minerals 35,478,000 N/A 35,478,000 35,478,000
J. Utilities 224,495,170 N/A 224,495,170 224,495,170
L1. Commercial Personal 529,212,840 1.0133 522,266,693 529,212,840
L2. Industrial Personal 717,358,640 N/A 717,358,640 717,358,640
M. Other Personal 23,446,300 N/A 23,446,300 23,446,300
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 15,295,500 N/A 15,295,500 15,295,500
S. Special Inventory 42,294,740 N/A 42,294,740 42,294,740
Subtotal 6,786,899,842 6,930,081,907 6,786,899,842
Less Total Deductions 1,050,160,092   1,073,513,378 1,050,160,092
Total Taxable Value 5,736,739,750 5,856,568,529 5,736,739,750 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
5,895,115,184 5,736,739,750 5,895,115,184 5,736,739,750


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
158,375,434 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
5,895,115,184 5,736,739,750 5,895,115,184 5,736,739,750

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