taxes Property Tax Assistance

2020 ISD Summary Worksheet

019-Bowie /Bowie County

019-911/Red Lick ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	221,247,374	1.0293	214,949,358	221,247,374
B - MULTIFAMILY	8,365,109	N/A	8,365,109	8,365,109
C1 - VACANT LOTS	3,597,231	N/A	3,597,231	3,597,231
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	383,749	1.8807	204,043	383,749
D2 - FARM & RANCH IMP	520,630	N/A	520,630	520,630
E - NON-AG LAND AND IMPROVEMENTS	24,577,186	1.0712	22,943,602	24,577,186
F1 - COMMERCIAL REAL	7,065,968	N/A	7,065,968	7,065,968
F2 - INDUSTRIAL REAL	1,947,630	N/A	1,947,630	1,947,630
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	9,596,367	N/A	9,596,367	9,596,367
L1 - COMMERCIAL PERSONAL	6,936,110	N/A	6,936,110	6,936,110
L2 - INDUSTRIAL PERSONAL	1,793,689	N/A	1,793,689	1,793,689
M1 - MOBILE HOMES	1,472,745	N/A	1,472,745	1,472,745
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,941,247	N/A	1,941,247	1,941,247
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	289,445,035	0	281,333,729	289,445,035
Less Total Deductions	38,608,118	0	36,771,563	38,608,118
Total Taxable Value	250,836,917	0	244,562,166	250,836,917

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
258,328,512	250,836,917	258,328,512	250,836,917

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
7,491,595	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
258,328,512	250,836,917	258,328,512	250,836,917

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

019-911-02/Red Lick ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	221,247,374	1.0293	214,949,358	221,247,374
B - MULTIFAMILY	8,365,109	N/A	8,365,109	8,365,109
C1 - VACANT LOTS	3,597,231	N/A	3,597,231	3,597,231
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	383,749	1.8807	204,043	383,749
D2 - FARM & RANCH IMP	520,630	N/A	520,630	520,630
E - NON-AG LAND AND IMPROVEMENTS	24,577,186	1.0712	22,943,602	24,577,186
F1 - COMMERCIAL REAL	7,065,968	N/A	7,065,968	7,065,968
F2 - INDUSTRIAL REAL	1,947,630	N/A	1,947,630	1,947,630
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	9,596,367	N/A	9,596,367	9,596,367
L1 - COMMERCIAL PERSONAL	6,936,110	N/A	6,936,110	6,936,110
L2 - INDUSTRIAL PERSONAL	1,793,689	N/A	1,793,689	1,793,689
M1 - MOBILE HOMES	1,472,745	N/A	1,472,745	1,472,745
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	1,941,247	N/A	1,941,247	1,941,247
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	289,445,035		281,333,729	289,445,035
Less Total Deductions	38,608,118		36,771,563	38,608,118
Total Taxable Value	250,836,917		244,562,166	250,836,917

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
258,328,512	250,836,917	258,328,512	250,836,917

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
7,491,595	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
258,328,512	250,836,917	258,328,512	250,836,917

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