taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

019/Bowie

019-905/New Boston ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 168,446,566 1.0022 168,076,797 168,446,566
B. Multi-Family Residences 6,282,280 N/A 6,282,280 6,282,280
C1. Vacant Lots 7,558,729 N/A 7,558,729 7,558,729
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,235,950 1.1698 4,475,854 5,235,950
D2. Real Prop Farm & Ranch 3,359,188 N/A 3,359,188 3,359,188
E. Real Prop NonQual Acres 54,099,169 1.0430 51,868,810 54,099,169
F1. Commercial Real 64,399,599 .9494 67,831,893 64,399,599
F2. Industrial Real 7,817,100 N/A 7,817,100 7,817,100
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 13,603,253 N/A 13,603,253 13,603,253
L1. Commercial Personal 57,353,749 1.0141 56,556,305 57,353,749
L2. Industrial Personal 61,447,850 N/A 61,447,850 61,447,850
M. Other Personal 4,860,527 N/A 4,860,527 4,860,527
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 632,813 N/A 632,813 632,813
S. Special Inventory 3,459,285 N/A 3,459,285 3,459,285
Subtotal 458,556,058 457,830,684 458,556,058
Less Total Deductions 64,401,669   64,207,362 64,401,669
Total Taxable Value 394,154,389 393,623,322 394,154,389 T2

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
412,182,856 394,154,389 412,182,856 394,154,389 396,035,011 396,035,011


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
18,028,467 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
412,182,856 394,154,389 412,182,856 394,154,389 396,035,011 396,035,011

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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