taxes Property Tax Assistance

2018 ISD Summary Worksheet

178/Nueces

178-912/Tuloso-Midway ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 489,666,374 .9931 493,068,547 489,666,374
B. Multi-Family Residences 48,701,891 N/A 48,701,891 48,701,891
C1. Vacant Lots 108,013,143 N/A 108,013,143 108,013,143
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,537,264 .9866 5,612,320 5,537,264
D2. Real Prop Farm & Ranch 391,637 N/A 391,637 391,637
E. Real Prop NonQual Acres 13,516,837 N/A 13,516,837 13,516,837
F1. Commercial Real 239,759,315 .9025 265,661,291 239,759,315
F2. Industrial Real 1,954,476,662 N/A 1,954,476,662 1,954,476,662
G. Oil, Gas, Minerals 1,459,678 N/A 1,459,678 1,459,678
J. Utilities 69,786,766 1.0141 68,816,454 69,786,766
L1. Commercial Personal 236,894,163 1.0859 218,154,676 236,894,163
L2. Industrial Personal 315,477,145 N/A 315,477,145 315,477,145
M. Other Personal 9,857,669 N/A 9,857,669 9,857,669
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,030,780 N/A 2,030,780 2,030,780
S. Special Inventory 8,414,626 N/A 8,414,626 8,414,626
Subtotal 3,503,983,950 3,513,653,356 3,503,983,950
Less Total Deductions 680,870,732   681,696,550 680,870,732
Total Taxable Value 2,823,113,218 2,831,956,806 2,823,113,218 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
2,848,039,054 2,823,113,218 2,811,227,374 2,786,301,538


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
24,925,836 36,811,680


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
3,350,233,047 3,325,307,211 3,313,421,367 3,288,495,531

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