taxes Property Tax Assistance

2020 ISD Summary Worksheet

185-Parmer /Parmer County

185-901/Bovina ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 29,331,241 0.9423 31,127,285 29,331,241
B - MULTIFAMILY 149,488 N/A 149,488 149,488
C1 - VACANT LOTS 417,992 N/A 417,992 417,992
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 19,350,110 1.1271 17,167,774 19,350,110
D2 - FARM & RANCH IMP 2,422,686 N/A 2,422,686 2,422,686
E - NON-AG LAND AND IMPROVEMENTS 15,746,589 0.9942 15,838,452 15,746,589
F1 - COMMERCIAL REAL 4,307,401 N/A 4,307,401 4,307,401
F2 - INDUSTRIAL REAL 14,615,739 N/A 14,615,739 14,615,739
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 29,815,951 0.9490 31,418,283 29,815,951
L1 - COMMERCIAL PERSONAL 17,607,660 0.9970 17,660,642 17,607,660
L2 - INDUSTRIAL PERSONAL 15,046,985 N/A 15,046,985 15,046,985
M1 - MOBILE HOMES 154,511 N/A 154,511 154,511
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 129,314 N/A 129,314 129,314
Subtotal 149,095,667 0 150,456,552 149,095,667
Less Total Deductions 34,317,728 0 34,990,565 34,317,728
Total Taxable Value 114,777,939 0 115,465,987 114,777,939

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
117,867,211 114,777,939 117,867,211 114,777,939


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,089,272 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
138,181,937 135,092,665 138,181,937 135,092,665

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

185-901-02/Bovina ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 29,331,241 0.9423 31,127,285 29,331,241
B - MULTIFAMILY 149,488 N/A 149,488 149,488
C1 - VACANT LOTS 417,992 N/A 417,992 417,992
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 19,350,110 1.1271 17,167,774 19,350,110
D2 - FARM & RANCH IMP 2,422,686 N/A 2,422,686 2,422,686
E - NON-AG LAND AND IMPROVEMENTS 15,746,589 0.9942 15,838,452 15,746,589
F1 - COMMERCIAL REAL 4,307,401 N/A 4,307,401 4,307,401
F2 - INDUSTRIAL REAL 14,615,739 N/A 14,615,739 14,615,739
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 29,815,951 0.9490 31,418,283 29,815,951
L1 - COMMERCIAL PERSONAL 17,607,660 0.9970 17,660,642 17,607,660
L2 - INDUSTRIAL PERSONAL 15,046,985 N/A 15,046,985 15,046,985
M1 - MOBILE HOMES 154,511 N/A 154,511 154,511
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 129,314 N/A 129,314 129,314
Subtotal 149,095,667 150,456,552 149,095,667
Less Total Deductions 34,317,728 34,990,565 34,317,728
Total Taxable Value 114,777,939 115,465,987 114,777,939

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
117,867,211 114,777,939 117,867,211 114,777,939


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,089,272 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
138,181,937 135,092,665 138,181,937 135,092,665

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