taxes Property Tax Assistance

2021 ISD Summary Worksheet

019-Bowie /Bowie County

019-911/Red Lick ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	235,335,957	N/A	235,335,957	235,335,957
B - MULTIFAMILY	9,325,413	N/A	9,325,413	9,325,413
C1 - VACANT LOTS	3,473,442	N/A	3,473,442	3,473,442
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	399,749	N/A	399,749	399,749
D2 - FARM & RANCH IMP	533,271	N/A	533,271	533,271
E - NON-AG LAND AND IMPROVEMENTS	25,575,968	N/A	25,575,968	25,575,968
F1 - COMMERCIAL REAL	7,165,832	N/A	7,165,832	7,165,832
F2 - INDUSTRIAL REAL	2,031,195	N/A	2,031,195	2,031,195
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	10,551,823	N/A	10,551,823	10,551,823
L1 - COMMERCIAL PERSONAL	7,994,555	N/A	7,994,555	7,994,555
L2 - INDUSTRIAL PERSONAL	1,806,119	N/A	1,806,119	1,806,119
M1 - MOBILE HOMES	1,530,783	N/A	1,530,783	1,530,783
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	603,548	N/A	603,548	603,548
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	306,327,655	0	306,327,655	306,327,655
Less Total Deductions	41,861,086	0	41,861,086	41,861,086
Total Taxable Value	264,466,569	0	264,466,569	264,466,569

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
272,077,785	264,466,569	272,077,785	264,466,569

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
7,611,216	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
272,077,785	264,466,569	272,077,785	264,466,569

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	235,335,957	N/A	235,335,957	235,335,957
B - MULTIFAMILY	9,325,413	N/A	9,325,413	9,325,413
C1 - VACANT LOTS	3,473,442	N/A	3,473,442	3,473,442
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	399,749	N/A	399,749	399,749
D2 - FARM & RANCH IMP	533,271	N/A	533,271	533,271
E - NON-AG LAND AND IMPROVEMENTS	25,575,968	N/A	25,575,968	25,575,968
F1 - COMMERCIAL REAL	7,165,832	N/A	7,165,832	7,165,832
F2 - INDUSTRIAL REAL	2,031,195	N/A	2,031,195	2,031,195
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	10,551,823	N/A	10,551,823	10,551,823
L1 - COMMERCIAL PERSONAL	7,994,555	N/A	7,994,555	7,994,555
L2 - INDUSTRIAL PERSONAL	1,806,119	N/A	1,806,119	1,806,119
M1 - MOBILE HOMES	1,530,783	N/A	1,530,783	1,530,783
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	603,548	N/A	603,548	603,548
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	306,327,655		306,327,655	306,327,655
Less Total Deductions	41,861,086		41,861,086	41,861,086
Total Taxable Value	264,466,569		264,466,569	264,466,569

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
272,077,785	264,466,569	272,077,785	264,466,569

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
7,611,216	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
272,077,785	264,466,569	272,077,785	264,466,569

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