taxes Property Tax Assistance

2020 ISD Summary Worksheet

019-Bowie /Bowie County

019-909/Simms ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	37,540,398	0.9292	40,400,773	37,540,398
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,010,652	N/A	1,010,652	1,010,652
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,616,894	1.9138	5,024,924	9,616,894
D2 - FARM & RANCH IMP	6,449,735	N/A	6,449,735	6,449,735
E - NON-AG LAND AND IMPROVEMENTS	83,340,460	0.9482	87,893,335	83,340,460
F1 - COMMERCIAL REAL	2,147,691	N/A	2,147,691	2,147,691
F2 - INDUSTRIAL REAL	7,018	N/A	7,018	7,018
G - ALL MINERALS	266,288	N/A	266,288	266,288
J - ALL UTILITIES	14,531,011	0.8997	16,150,951	14,531,011
L1 - COMMERCIAL PERSONAL	530,087	N/A	530,087	530,087
L2 - INDUSTRIAL PERSONAL	455,304	N/A	455,304	455,304
M1 - MOBILE HOMES	5,366,263	N/A	5,366,263	5,366,263
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	161,261,801	0	165,703,021	161,261,801
Less Total Deductions	32,626,823	0	35,282,171	32,626,823
Total Taxable Value	128,634,978	0	130,420,850	128,634,978

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
135,445,643	128,634,978	135,445,643	128,634,978

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
6,810,665	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
135,445,643	128,634,978	135,445,643	128,634,978

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	37,540,398	0.9292	40,400,773	37,540,398
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,010,652	N/A	1,010,652	1,010,652
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,616,894	1.9138	5,024,924	9,616,894
D2 - FARM & RANCH IMP	6,449,735	N/A	6,449,735	6,449,735
E - NON-AG LAND AND IMPROVEMENTS	83,340,460	0.9482	87,893,335	83,340,460
F1 - COMMERCIAL REAL	2,147,691	N/A	2,147,691	2,147,691
F2 - INDUSTRIAL REAL	7,018	N/A	7,018	7,018
G - ALL MINERALS	266,288	N/A	266,288	266,288
J - ALL UTILITIES	14,531,011	0.8997	16,150,951	14,531,011
L1 - COMMERCIAL PERSONAL	530,087	N/A	530,087	530,087
L2 - INDUSTRIAL PERSONAL	455,304	N/A	455,304	455,304
M1 - MOBILE HOMES	5,366,263	N/A	5,366,263	5,366,263
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	161,261,801		165,703,021	161,261,801
Less Total Deductions	32,626,823		35,282,171	32,626,823
Total Taxable Value	128,634,978		130,420,850	128,634,978

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
135,445,643	128,634,978	135,445,643	128,634,978

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
6,810,665	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
135,445,643	128,634,978	135,445,643	128,634,978

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