taxes Property Tax Assistance

2018 ISD Summary Worksheet

235/Victoria

235-902/Victoria ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 3,282,772,410 .9803 3,348,742,640 3,282,772,410
B. Multi-Family Residences 206,526,766 N/A 206,526,766 206,526,766
C1. Vacant Lots 48,755,970 N/A 48,755,970 48,755,970
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 34,083,049 1.0621 32,089,306 34,083,049
D2. Real Prop Farm & Ranch 9,965,806 N/A 9,965,806 9,965,806
E. Real Prop NonQual Acres 305,807,119 .9233 331,211,003 305,807,119
F1. Commercial Real 901,766,832 .9264 973,409,793 901,766,832
F2. Industrial Real 527,360,320 N/A 527,360,320 527,360,320
G. Oil, Gas, Minerals 37,949,850 N/A 37,949,850 37,949,850
J. Utilities 208,626,170 .9042 230,730,115 208,626,170
L1. Commercial Personal 479,813,550 1.0721 447,545,518 479,813,550
L2. Industrial Personal 552,980,670 N/A 552,980,670 552,980,670
M. Other Personal 23,448,068 N/A 23,448,068 23,448,068
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 10,759,850 N/A 10,759,850 10,759,850
S. Special Inventory 34,690,620 N/A 34,690,620 34,690,620
Subtotal 6,665,307,050 6,816,166,295 6,665,307,050
Less Total Deductions 1,098,590,199   1,119,378,021 1,098,590,199
Total Taxable Value 5,566,716,851 5,696,788,274 5,566,716,851 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
5,725,677,979 5,566,716,851 5,725,677,979 5,566,716,851


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
158,961,128 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
5,725,677,979 5,566,716,851 5,725,677,979 5,566,716,851

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