taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

019/Bowie

019-912/Pleasant Grove ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 623,035,168 .9774 637,441,342 623,035,168
B. Multi-Family Residences 51,085,590 .9624 53,081,453 51,085,590
C1. Vacant Lots 32,440,910 N/A 32,440,910 32,440,910
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,795,100 .9840 4,872,878 4,795,100
D2. Real Prop Farm & Ranch 2,066,386 N/A 2,066,386 2,066,386
E. Real Prop NonQual Acres 29,866,811 N/A 29,866,811 29,866,811
F1. Commercial Real 143,980,571 .9292 154,951,110 143,980,571
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 13,234,112 N/A 13,234,112 13,234,112
L1. Commercial Personal 26,351,595 N/A 26,351,595 26,351,595
L2. Industrial Personal 625,871 N/A 625,871 625,871
M. Other Personal 2,938,749 N/A 2,938,749 2,938,749
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,777,949 N/A 2,777,949 2,777,949
S. Special Inventory 1,090,772 N/A 1,090,772 1,090,772
Subtotal 934,289,584 961,739,938 934,289,584
Less Total Deductions 92,110,196   95,957,038 92,110,196
Total Taxable Value 842,179,388 865,782,900 842,179,388 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
868,240,391 842,179,388 868,240,391 842,179,388 847,013,277 847,013,277


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
26,061,003 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
868,240,391 842,179,388 868,240,391 842,179,388 847,013,277 847,013,277

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