taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

018/Bosque

018-902/Meridian ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 57,043,838 N/A 57,043,838 57,043,838
B. Multi-Family Residences 852,630 N/A 852,630 852,630
C1. Vacant Lots 3,294,488 N/A 3,294,488 3,294,488
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,632,914 N/A 6,632,914 6,632,914
D2. Real Prop Farm & Ranch 3,719,597 N/A 3,719,597 3,719,597
E. Real Prop NonQual Acres 62,894,861 N/A 62,894,861 62,894,861
F1. Commercial Real 10,721,885 N/A 10,721,885 10,721,885
F2. Industrial Real 2,873,119 N/A 2,873,119 2,873,119
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 24,200,835 N/A 24,200,835 24,200,835
L1. Commercial Personal 4,768,939 N/A 4,768,939 4,768,939
L2. Industrial Personal 5,946,480 N/A 5,946,480 5,946,480
M. Other Personal 753,927 N/A 753,927 753,927
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 35,234 N/A 35,234 35,234
Subtotal 183,738,747 183,738,747 183,738,747
Less Total Deductions 24,802,715   24,802,715 24,802,715
Total Taxable Value 158,936,032 158,936,032 158,936,032 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
164,269,961 158,936,032 164,269,961 158,936,032


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,333,929 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
164,269,961 158,936,032 164,269,961 158,936,032

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

The PVS found your local value to be valid, and local value was certified