taxes Property Tax Assistance

2020 ISD Summary Worksheet

019-Bowie

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