taxes Property Tax Assistance

2022 ISD Summary Worksheet

Red Lick ISD (all splits)   Bowie County  

019-Bowie/Bowie County

019-911/Red Lick ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 281,269,375 0.9791 287,273,389 281,269,375
B - MULTIFAMILY 10,434,959 N/A 10,434,959 10,434,959
C1 - VACANT LOTS 3,787,049 N/A 3,787,049 3,787,049
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 387,375 2.0351 190,348 387,375
D2 - FARM & RANCH IMP 568,370 N/A 568,370 568,370
E - NON-AG LAND AND IMPROVEMENTS 28,300,888 0.8972 31,543,567 28,300,888
F1 - COMMERCIAL REAL 7,925,793 N/A 7,925,793 7,925,793
F2 - INDUSTRIAL REAL 2,372,150 N/A 2,372,150 2,372,150
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 12,092,534 N/A 12,092,534 12,092,534
L1 - COMMERCIAL PERSONAL 15,547,053 N/A 15,547,053 15,547,053
L2 - INDUSTRIAL PERSONAL 2,191,967 N/A 2,191,967 2,191,967
M1 - MOBILE HOMES 1,907,000 N/A 1,907,000 1,907,000
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,619,967 N/A 1,619,967 1,619,967
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 368,404,480 0 377,454,146 368,404,480
Less Total Deductions 68,905,826 0 70,802,543 68,905,826
Total Taxable Value 299,498,654 0 306,651,603 299,498,654

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's office 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 school 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

Measure Value Description
T1 310,938,158 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 299,498,654 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 310,938,158 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 299,498,654 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 319,218,158 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 310,938,158 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 299,498,654 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 310,938,158 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 299,498,654 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 319,218,158 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 11,439,504 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 8,280,000 Loss to the second most recent increase in the state-mandated homestead exemption

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


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019-911-02/Red Lick ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 281,269,375 0.9791 287,273,389 281,269,375
B - MULTIFAMILY 10,434,959 N/A 10,434,959 10,434,959
C1 - VACANT LOTS 3,787,049 N/A 3,787,049 3,787,049
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 387,375 2.0351 190,348 387,375
D2 - FARM & RANCH IMP 568,370 N/A 568,370 568,370
E - NON-AG LAND AND IMPROVEMENTS 28,300,888 0.8972 31,543,567 28,300,888
F1 - COMMERCIAL REAL 7,925,793 N/A 7,925,793 7,925,793
F2 - INDUSTRIAL REAL 2,372,150 N/A 2,372,150 2,372,150
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 12,092,534 N/A 12,092,534 12,092,534
L1 - COMMERCIAL PERSONAL 15,547,053 N/A 15,547,053 15,547,053
L2 - INDUSTRIAL PERSONAL 2,191,967 N/A 2,191,967 2,191,967
M1 - MOBILE HOMES 1,907,000 N/A 1,907,000 1,907,000
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,619,967 N/A 1,619,967 1,619,967
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 368,404,480 377,454,146 368,404,480
Less Total Deductions 68,905,826 70,802,543 68,905,826
Total Taxable Value 299,498,654 306,651,603 299,498,654

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's office 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 school 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

Measure Value Description
T1 310,938,158 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 299,498,654 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 310,938,158 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 299,498,654 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 319,218,158 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 310,938,158 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 299,498,654 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 310,938,158 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 299,498,654 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 319,218,158 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 11,439,504 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 8,280,000 Loss to the second most recent increase in the state-mandated homestead exemption

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