taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

018/Bosque

018-902/Meridian ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 56,534,135 1.0765 52,516,614 56,534,135
B. Multi-Family Residences 856,282 N/A 856,282 856,282
C1. Vacant Lots 3,300,481 N/A 3,300,481 3,300,481
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,598,525 .9884 6,676,235 6,598,525
D2. Real Prop Farm & Ranch 956,203 N/A 956,203 956,203
E. Real Prop NonQual Acres 61,609,882 .9511 64,777,502 61,609,882
F1. Commercial Real 10,531,178 .9585 10,987,144 10,531,178
F2. Industrial Real 2,882,634 N/A 2,882,634 2,882,634
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 23,590,941 1.0134 23,279,002 23,590,941
L1. Commercial Personal 4,299,327 N/A 4,299,327 4,299,327
L2. Industrial Personal 6,778,795 N/A 6,778,795 6,778,795
M. Other Personal 736,516 N/A 736,516 736,516
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 23,106 N/A 23,106 23,106
Subtotal 178,698,005 178,069,841 178,698,005
Less Total Deductions 19,462,290   17,288,633 19,462,290
Total Taxable Value 159,235,715 160,781,208 159,235,715 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
164,802,265 159,235,715 164,802,265 159,235,715 159,782,431 159,782,431


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,566,550 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
164,802,265 159,235,715 164,802,265 159,235,715 159,782,431 159,782,431

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