taxes Property Tax Assistance

2019 ISD Summary Worksheet

019-Bowie

019-909/Simms ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	36,137,506	N/A	36,137,506	36,137,506
C1. VACANT LOTS	1,039,401	N/A	1,039,401	1,039,401
D1. QUALIFIED AG LAND	9,116,776	N/A	9,116,776	9,116,776
D2. REAL PROP:FARM & RANCH	5,315,017	N/A	5,315,017	5,315,017
E. REAL PROP NONQUAL ACREAGE	78,654,990	N/A	78,654,990	78,654,990
F1. COMMERCIAL REAL	1,873,686	N/A	1,873,686	1,873,686
F2. INDUSTRIAL REAL	6,844	N/A	6,844	6,844
G. OIL,GAS,MINERALS	407,646	N/A	407,646	407,646
J. UTILITIES	13,837,184	N/A	13,837,184	13,837,184
L1. COMMERCIAL PERSONAL	292,304	N/A	292,304	292,304
L2. INDUSTRIAL PERSONAL	236,989	N/A	236,989	236,989
M. MOBILE HOMES	4,999,343	N/A	4,999,343	4,999,343
O. RESIDENTIAL INVENTORY	0	N/A	0	0
Subtotal	151,917,686	0	151,917,686	151,917,686
Less Total Deductions	32,313,173	0	32,313,173	32,313,173
Total Taxable Value	119,604,513	0	119,604,513	119,604,513

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
126,339,005	119,604,513	126,339,005	119,604,513

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
6,734,492	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
126,339,005	119,604,513	126,339,005	119,604,513

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

019-909-02/Simms ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	36,137,506	N/A	36,137,506	36,137,506
C1. VACANT LOTS	1,039,401	N/A	1,039,401	1,039,401
D1. QUALIFIED AG LAND	9,116,776	N/A	9,116,776	9,116,776
D2. REAL PROP:FARM & RANCH	5,315,017	N/A	5,315,017	5,315,017
E. REAL PROP NONQUAL ACREAGE	78,654,990	N/A	78,654,990	78,654,990
F1. COMMERCIAL REAL	1,873,686	N/A	1,873,686	1,873,686
F2. INDUSTRIAL REAL	6,844	N/A	6,844	6,844
G. OIL,GAS,MINERALS	407,646	N/A	407,646	407,646
J. UTILITIES	13,837,184	N/A	13,837,184	13,837,184
L1. COMMERCIAL PERSONAL	292,304	N/A	292,304	292,304
L2. INDUSTRIAL PERSONAL	236,989	N/A	236,989	236,989
M. MOBILE HOMES	4,999,343	N/A	4,999,343	4,999,343
O. RESIDENTIAL INVENTORY	0	N/A	0	0
Subtotal	151,917,686		151,917,686	151,917,686
Less Total Deductions	32,313,173		32,313,173	32,313,173
Total Taxable Value	119,604,513		119,604,513	119,604,513

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
126,339,005	119,604,513	126,339,005	119,604,513

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
6,734,492	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
126,339,005	119,604,513	126,339,005	119,604,513

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