taxes Property Tax Assistance

2022 ISD Summary Worksheet

019-Bowie /Bowie County

019-911/Red Lick ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	281,269,375	0.9791	287,273,389	281,269,375
B - MULTIFAMILY	10,434,959	N/A	10,434,959	10,434,959
C1 - VACANT LOTS	3,787,049	N/A	3,787,049	3,787,049
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	387,375	2.0446	189,458	387,375
D2 - FARM & RANCH IMP	568,370	N/A	568,370	568,370
E - NON-AG LAND AND IMPROVEMENTS	28,300,888	0.8972	31,543,567	28,300,888
F1 - COMMERCIAL REAL	7,925,793	N/A	7,925,793	7,925,793
F2 - INDUSTRIAL REAL	2,372,150	N/A	2,372,150	2,372,150
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	12,092,534	N/A	12,092,534	12,092,534
L1 - COMMERCIAL PERSONAL	15,547,053	N/A	15,547,053	15,547,053
L2 - INDUSTRIAL PERSONAL	2,191,967	N/A	2,191,967	2,191,967
M1 - MOBILE HOMES	1,907,000	N/A	1,907,000	1,907,000
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,619,967	N/A	1,619,967	1,619,967
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	368,404,480	0	377,453,256	368,404,480
Less Total Deductions	68,905,826	0	70,802,543	68,905,826
Total Taxable Value	299,498,654	0	306,650,713	299,498,654

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	T13
310,938,158	299,498,654	310,938,158	299,498,654	319,218,158

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
11,439,504	0	8,280,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
310,938,158	299,498,654	310,938,158	299,498,654	319,218,158

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

019-911-02/Red Lick ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	281,269,375	0.9791	287,273,389	281,269,375
B - MULTIFAMILY	10,434,959	N/A	10,434,959	10,434,959
C1 - VACANT LOTS	3,787,049	N/A	3,787,049	3,787,049
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	387,375	2.0446	189,458	387,375
D2 - FARM & RANCH IMP	568,370	N/A	568,370	568,370
E - NON-AG LAND AND IMPROVEMENTS	28,300,888	0.8972	31,543,567	28,300,888
F1 - COMMERCIAL REAL	7,925,793	N/A	7,925,793	7,925,793
F2 - INDUSTRIAL REAL	2,372,150	N/A	2,372,150	2,372,150
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	12,092,534	N/A	12,092,534	12,092,534
L1 - COMMERCIAL PERSONAL	15,547,053	N/A	15,547,053	15,547,053
L2 - INDUSTRIAL PERSONAL	2,191,967	N/A	2,191,967	2,191,967
M1 - MOBILE HOMES	1,907,000	N/A	1,907,000	1,907,000
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,619,967	N/A	1,619,967	1,619,967
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	368,404,480		377,453,256	368,404,480
Less Total Deductions	68,905,826		70,802,543	68,905,826
Total Taxable Value	299,498,654		306,650,713	299,498,654

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	T13
310,938,158	299,498,654	310,938,158	299,498,654	319,218,158

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
11,439,504	0	8,280,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
310,938,158	299,498,654	310,938,158	299,498,654	319,218,158

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement