taxes Property Tax Assistance

2020 ISD Summary Worksheet

018-Bosque /Bosque County

018-902/Meridian ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 72,907,096 0.9346 78,008,877 72,907,096
B - MULTIFAMILY 766,092 N/A 766,092 766,092
C1 - VACANT LOTS 3,018,172 N/A 3,018,172 3,018,172
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,448,452 1.0912 6,825,667 7,448,452
D2 - FARM & RANCH IMP 4,776,977 N/A 4,776,977 4,776,977
E - NON-AG LAND AND IMPROVEMENTS 92,783,370 0.8238 112,628,514 92,783,370
F1 - COMMERCIAL REAL 14,335,937 0.9697 14,783,889 14,335,937
F2 - INDUSTRIAL REAL 3,583,574 N/A 3,583,574 3,583,574
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 29,879,122 0.9623 31,049,696 29,879,122
L1 - COMMERCIAL PERSONAL 4,689,670 N/A 4,689,670 4,689,670
L2 - INDUSTRIAL PERSONAL 11,256,975 N/A 11,256,975 11,256,975
M1 - MOBILE HOMES 590,954 N/A 590,954 590,954
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 53,009 N/A 53,009 53,009
Subtotal 246,089,400 0 272,032,066 246,089,400
Less Total Deductions 34,208,784 0 37,941,337 34,208,784
Total Taxable Value 211,880,616 0 234,090,729 211,880,616

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
218,226,950 211,880,616 218,226,950 211,880,616


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,346,334 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
218,226,950 211,880,616 218,226,950 211,880,616

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

018-902-02/Meridian ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 72,907,096 0.9346 78,008,877 72,907,096
B - MULTIFAMILY 766,092 N/A 766,092 766,092
C1 - VACANT LOTS 3,018,172 N/A 3,018,172 3,018,172
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,448,452 1.0912 6,825,667 7,448,452
D2 - FARM & RANCH IMP 4,776,977 N/A 4,776,977 4,776,977
E - NON-AG LAND AND IMPROVEMENTS 92,783,370 0.8238 112,628,514 92,783,370
F1 - COMMERCIAL REAL 14,335,937 0.9697 14,783,889 14,335,937
F2 - INDUSTRIAL REAL 3,583,574 N/A 3,583,574 3,583,574
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 29,879,122 0.9623 31,049,696 29,879,122
L1 - COMMERCIAL PERSONAL 4,689,670 N/A 4,689,670 4,689,670
L2 - INDUSTRIAL PERSONAL 11,256,975 N/A 11,256,975 11,256,975
M1 - MOBILE HOMES 590,954 N/A 590,954 590,954
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 53,009 N/A 53,009 53,009
Subtotal 246,089,400 272,032,066 246,089,400
Less Total Deductions 34,208,784 37,941,337 34,208,784
Total Taxable Value 211,880,616 234,090,729 211,880,616

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
218,226,950 211,880,616 218,226,950 211,880,616


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,346,334 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
218,226,950 211,880,616 218,226,950 211,880,616

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