taxes Property Tax Assistance

2023 ISD Summary Worksheet

034-Cass/Cass County

034-909/Bloomburg ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 15,003,470 0.9233 16,249,832 15,003,470
B - MULTIFAMILY 162,269 N/A 162,269 162,269
C1 - VACANT LOTS 492,640 N/A 492,640 492,640
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,246,223 1.0778 3,011,797 3,246,223
D2 - FARM & RANCH IMP 885,920 N/A 885,920 885,920
E - NON-AG LAND AND IMPROVEMENTS 55,449,970 0.9613 57,682,274 55,449,970
F1 - COMMERCIAL REAL 2,322,457 N/A 2,322,457 2,322,457
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 10,125,550 0.9532 10,622,692 10,125,550
L1 - COMMERCIAL PERSONAL 1,642,183 N/A 1,642,183 1,642,183
L2 - INDUSTRIAL PERSONAL 496,100 N/A 496,100 496,100
M1 - MOBILE HOMES 4,959,640 N/A 4,959,640 4,959,640
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 94,786,422 0 98,527,804 94,786,422
Less Total Deductions 35,139,827 0 36,848,796 35,139,827
Total Taxable Value 59,646,595 0 61,679,008 59,646,595

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

Measure Value Description
T1 72,392,295 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 59,646,595 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 72,392,295 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 59,646,595 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 77,312,295 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 80,592,295 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 61,680,025 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 72,392,295 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 59,646,595 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 72,392,295 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 59,646,595 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 77,312,295 T13 plus the loss to the chapter 313 agreement
T16 80,592,295 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 61,680,025 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 12,745,700 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 4,920,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,280,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

034-909-02/Bloomburg ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 15,003,470 0.9233 16,249,832 15,003,470
B - MULTIFAMILY 162,269 N/A 162,269 162,269
C1 - VACANT LOTS 492,640 N/A 492,640 492,640
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,246,223 1.0778 3,011,797 3,246,223
D2 - FARM & RANCH IMP 885,920 N/A 885,920 885,920
E - NON-AG LAND AND IMPROVEMENTS 55,449,970 0.9613 57,682,274 55,449,970
F1 - COMMERCIAL REAL 2,322,457 N/A 2,322,457 2,322,457
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 10,125,550 0.9532 10,622,692 10,125,550
L1 - COMMERCIAL PERSONAL 1,642,183 N/A 1,642,183 1,642,183
L2 - INDUSTRIAL PERSONAL 496,100 N/A 496,100 496,100
M1 - MOBILE HOMES 4,959,640 N/A 4,959,640 4,959,640
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 94,786,422 98,527,804 94,786,422
Less Total Deductions 35,139,827 36,848,796 35,139,827
Total Taxable Value 59,646,595 61,679,008 59,646,595

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

Measure Value Description
T1 72,392,295 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 59,646,595 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 72,392,295 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 59,646,595 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 77,312,295 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 80,592,295 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 61,680,025 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 72,392,295 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 59,646,595 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 72,392,295 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 59,646,595 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 77,312,295 T13 plus the loss to the chapter 313 agreement
T16 80,592,295 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 61,680,025 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 12,745,700 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 4,920,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,280,000 Loss to Second Previous Homestead Increase