taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

019/Bowie

019-907/Texarkana ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 790,860,171 1.0169 777,716,758 790,860,171
B. Multi-Family Residences 88,876,110 N/A 88,876,110 88,876,110
C1. Vacant Lots 57,823,154 N/A 57,823,154 57,823,154
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 889,230 1.0130 877,777 889,230
D2. Real Prop Farm & Ranch 296,104 N/A 296,104 296,104
E. Real Prop NonQual Acres 38,747,437 N/A 38,747,437 38,747,437
F1. Commercial Real 663,170,815 .9225 718,884,352 663,170,815
F2. Industrial Real 28,758,225 N/A 28,758,225 28,758,225
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 56,338,392 N/A 56,338,392 56,338,392
L1. Commercial Personal 225,148,875 1.0139 222,062,210 225,148,875
L2. Industrial Personal 64,277,927 N/A 64,277,927 64,277,927
M. Other Personal 5,478,067 N/A 5,478,067 5,478,067
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,766,412 N/A 2,766,412 2,766,412
S. Special Inventory 27,126,774 N/A 27,126,774 27,126,774
Subtotal 2,050,557,693 2,090,029,699 2,050,557,693
Less Total Deductions 194,558,563   189,646,011 194,558,563
Total Taxable Value 1,855,999,130 1,900,383,688 1,855,999,130 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
1,907,742,743 1,855,999,130 1,907,742,743 1,855,999,130 1,866,120,340 1,866,120,340


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
51,743,613 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
1,907,742,743 1,855,999,130 1,907,742,743 1,855,999,130 1,866,120,340 1,866,120,340

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