taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

019/Bowie

019-910/Malta ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 8,090,928 .9368 8,636,772 8,090,928
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 160,875 N/A 160,875 160,875
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 977,283 1.0266 951,917 977,283
D2. Real Prop Farm & Ranch 712,401 N/A 712,401 712,401
E. Real Prop NonQual Acres 12,355,154 1.0368 11,916,622 12,355,154
F1. Commercial Real 278,698 N/A 278,698 278,698
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 1,051,204 N/A 1,051,204 1,051,204
L1. Commercial Personal 173,621 N/A 173,621 173,621
L2. Industrial Personal 362,537 N/A 362,537 362,537
M. Other Personal 728,736 N/A 728,736 728,736
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 24,891,437 24,973,383 24,891,437
Less Total Deductions 6,022,979   6,525,878 6,022,979
Total Taxable Value 18,868,458 18,447,505 18,868,458 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
20,617,300 18,868,458 20,617,300 18,868,458 19,200,294 19,200,294


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,748,842 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
20,617,300 18,868,458 20,617,300 18,868,458 19,200,294 19,200,294

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