taxes Property Tax Assistance

2023 ISD Summary Worksheet

185-Parmer/Parmer County

185-901/Bovina ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 48,110,659 N/A 48,110,659 48,110,659
B - MULTIFAMILY 582,255 N/A 582,255 582,255
C1 - VACANT LOTS 310,806 N/A 310,806 310,806
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 24,733,424 N/A 24,733,424 24,733,424
D2 - FARM & RANCH IMP 3,742,113 N/A 3,742,113 3,742,113
E - NON-AG LAND AND IMPROVEMENTS 22,267,465 N/A 22,267,465 22,267,465
F1 - COMMERCIAL REAL 5,656,130 N/A 5,656,130 5,656,130
F2 - INDUSTRIAL REAL 22,213,682 N/A 22,213,682 22,213,682
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 53,095,481 N/A 53,095,481 53,095,481
L1 - COMMERCIAL PERSONAL 3,772,027 N/A 3,772,027 3,772,027
L2 - INDUSTRIAL PERSONAL 48,065,645 N/A 48,065,645 48,065,645
M1 - MOBILE HOMES 102,978 N/A 102,978 102,978
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 179,433 N/A 179,433 179,433
Subtotal 232,832,098 0 232,832,098 232,832,098
Less Total Deductions 59,421,669 0 59,421,669 59,421,669
Total Taxable Value 173,410,429 0 173,410,429 173,410,429

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 182,894,271 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 173,410,429 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 182,894,271 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 173,410,429 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 188,969,271 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 193,019,271 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 174,758,008 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 203,212,383 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 193,728,541 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 203,212,383 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 193,728,541 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 209,287,383 T13 plus the loss to the chapter 313 agreement
T16 213,337,383 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 195,076,120 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 9,483,842 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 6,075,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 4,050,000 Loss to Second Previous Homestead Increase

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

185-901-02/Bovina ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 48,110,659 N/A 48,110,659 48,110,659
B - MULTIFAMILY 582,255 N/A 582,255 582,255
C1 - VACANT LOTS 310,806 N/A 310,806 310,806
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 24,733,424 N/A 24,733,424 24,733,424
D2 - FARM & RANCH IMP 3,742,113 N/A 3,742,113 3,742,113
E - NON-AG LAND AND IMPROVEMENTS 22,267,465 N/A 22,267,465 22,267,465
F1 - COMMERCIAL REAL 5,656,130 N/A 5,656,130 5,656,130
F2 - INDUSTRIAL REAL 22,213,682 N/A 22,213,682 22,213,682
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 53,095,481 N/A 53,095,481 53,095,481
L1 - COMMERCIAL PERSONAL 3,772,027 N/A 3,772,027 3,772,027
L2 - INDUSTRIAL PERSONAL 48,065,645 N/A 48,065,645 48,065,645
M1 - MOBILE HOMES 102,978 N/A 102,978 102,978
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 179,433 N/A 179,433 179,433
Subtotal 232,832,098 232,832,098 232,832,098
Less Total Deductions 59,421,669 59,421,669 59,421,669
Total Taxable Value 173,410,429 173,410,429 173,410,429

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 182,894,271 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 173,410,429 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 182,894,271 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 173,410,429 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 188,969,271 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 193,019,271 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 174,758,008 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 203,212,383 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 193,728,541 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 203,212,383 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 193,728,541 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 209,287,383 T13 plus the loss to the chapter 313 agreement
T16 213,337,383 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 195,076,120 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 9,483,842 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 6,075,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 4,050,000 Loss to Second Previous Homestead Increase