taxes Property Tax Assistance

2018 ISD Summary Worksheet

019-Bowie

019-913/Hubbard ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 7,258,198 0.9236 7,858,595 7,258,198
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 272,135 N/A 272,135 272,135
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 1,293,126 1.3118 985,798 1,293,126
D2. REAL PROP:FARM & RANCH 2,006,990 1.0310 1,946,644 2,006,990
E. REAL PROP NONQUAL ACREAGE 15,571,126 0.9387 16,587,968 15,571,126
F1. COMMERCIAL REAL 3,843 N/A 3,843 3,843
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 955,963 N/A 955,963 955,963
L1. COMMERCIAL PERSONAL 5,084 N/A 5,084 5,084
L2. INDUSTRIAL PERSONAL 0 N/A 0 0
M. MOBILE HOMES 366,432 N/A 366,432 366,432
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 27,732,897 0 28,982,462 27,732,897
Less Total Deductions 7,241,006 0 7,811,437 7,241,006
Total Taxable Value 20,491,891 0 21,171,025 20,491,891

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
22,004,210 20,491,891 22,004,210 20,491,891


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,512,319 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
22,004,210 20,491,891 22,004,210 20,491,891

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

019-913-02/Hubbard ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 7,258,198 0.9236 7,858,595 7,258,198
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 272,135 N/A 272,135 272,135
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 1,293,126 1.3118 985,798 1,293,126
D2. REAL PROP:FARM & RANCH 2,006,990 1.0310 1,946,644 2,006,990
E. REAL PROP NONQUAL ACREAGE 15,571,126 0.9387 16,587,968 15,571,126
F1. COMMERCIAL REAL 3,843 N/A 3,843 3,843
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 955,963 N/A 955,963 955,963
L1. COMMERCIAL PERSONAL 5,084 N/A 5,084 5,084
L2. INDUSTRIAL PERSONAL 0 N/A 0 0
M. MOBILE HOMES 366,432 N/A 366,432 366,432
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 27,732,897 28,982,462 27,732,897
Less Total Deductions 7,241,006 7,811,437 7,241,006
Total Taxable Value 20,491,891 21,171,025 20,491,891

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
22,004,210 20,491,891 22,004,210 20,491,891


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,512,319 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
22,004,210 20,491,891 22,004,210 20,491,891

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