taxes Property Tax Assistance

2022 ISD Summary Worksheet

019-Bowie/Bowie County

019-906/Redwater ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 311,057,175 0.9532 326,329,390 311,057,175
B - MULTIFAMILY 3,755,450 N/A 3,755,450 3,755,450
C1 - VACANT LOTS 4,963,375 N/A 4,963,375 4,963,375
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,408,906 1.9605 1,738,821 3,408,906
D2 - FARM & RANCH IMP 3,482,167 N/A 3,482,167 3,482,167
E - NON-AG LAND AND IMPROVEMENTS 88,840,616 0.9454 93,971,458 88,840,616
F1 - COMMERCIAL REAL 9,817,472 N/A 9,817,472 9,817,472
F2 - INDUSTRIAL REAL 2,357,645 N/A 2,357,645 2,357,645
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 10,130,247 N/A 10,130,247 10,130,247
L1 - COMMERCIAL PERSONAL 5,941,205 N/A 5,941,205 5,941,205
L2 - INDUSTRIAL PERSONAL 683,813 N/A 683,813 683,813
M1 - MOBILE HOMES 8,879,766 N/A 8,879,766 8,879,766
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 317,247 N/A 317,247 317,247
S - SPECIAL INVENTORY 569,365 N/A 569,365 569,365
Subtotal 454,204,449 0 472,937,421 454,204,449
Less Total Deductions 111,419,233 0 117,111,822 111,419,233
Total Taxable Value 342,785,216 0 355,825,599 342,785,216

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 T13
361,685,325 342,785,216 361,685,325 342,785,216 376,395,325


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
18,900,109 0 14,710,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
361,685,325 342,785,216 361,685,325 342,785,216 376,395,325

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

019-906-02/Redwater ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 311,057,175 0.9532 326,329,390 311,057,175
B - MULTIFAMILY 3,755,450 N/A 3,755,450 3,755,450
C1 - VACANT LOTS 4,963,375 N/A 4,963,375 4,963,375
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,408,906 1.9605 1,738,821 3,408,906
D2 - FARM & RANCH IMP 3,482,167 N/A 3,482,167 3,482,167
E - NON-AG LAND AND IMPROVEMENTS 88,840,616 0.9454 93,971,458 88,840,616
F1 - COMMERCIAL REAL 9,817,472 N/A 9,817,472 9,817,472
F2 - INDUSTRIAL REAL 2,357,645 N/A 2,357,645 2,357,645
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 10,130,247 N/A 10,130,247 10,130,247
L1 - COMMERCIAL PERSONAL 5,941,205 N/A 5,941,205 5,941,205
L2 - INDUSTRIAL PERSONAL 683,813 N/A 683,813 683,813
M1 - MOBILE HOMES 8,879,766 N/A 8,879,766 8,879,766
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 317,247 N/A 317,247 317,247
S - SPECIAL INVENTORY 569,365 N/A 569,365 569,365
Subtotal 454,204,449 472,937,421 454,204,449
Less Total Deductions 111,419,233 117,111,822 111,419,233
Total Taxable Value 342,785,216 355,825,599 342,785,216

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 T13
361,685,325 342,785,216 361,685,325 342,785,216 376,395,325


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
18,900,109 0 14,710,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
361,685,325 342,785,216 361,685,325 342,785,216 376,395,325

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement