taxes Property Tax Assistance

2018 ISD Summary Worksheet

123/Jefferson

123-905/Nederland ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,254,500,264 .9670 1,297,311,545 1,254,500,264
B. Multi-Family Residences 101,929,590 .9711 104,963,021 101,929,590
C1. Vacant Lots 20,557,021 N/A 20,557,021 20,557,021
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 93,030 1.3725 67,781 93,030
D2. Real Prop Farm & Ranch 100,460 N/A 100,460 100,460
E. Real Prop NonQual Acres 10,045,470 N/A 10,045,470 10,045,470
F1. Commercial Real 254,866,657 .8749 291,309,472 254,866,657
F2. Industrial Real 721,555,340 N/A 721,555,340 721,555,340
G. Oil, Gas, Minerals 349,601 N/A 349,601 349,601
J. Utilities 93,900,680 N/A 93,900,680 93,900,680
L1. Commercial Personal 171,226,846 .9794 174,828,309 171,226,846
L2. Industrial Personal 233,911,500 N/A 233,911,500 233,911,500
M. Other Personal 6,186,340 N/A 6,186,340 6,186,340
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 6,859,150 N/A 6,859,150 6,859,150
S. Special Inventory 23,253,050 N/A 23,253,050 23,253,050
Subtotal 2,899,334,999 2,985,198,740 2,899,334,999
Less Total Deductions 513,544,673   525,538,463 513,544,673
Total Taxable Value 2,385,790,326 2,459,660,277 2,385,790,326 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
2,450,323,441 2,385,790,326 2,450,323,441 2,385,790,326


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
64,533,115 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
2,629,825,441 2,565,292,326 2,629,825,441 2,565,292,326

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