taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

019/Bowie

019-909/Simms ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 31,629,915 N/A 31,629,915 31,629,915
B. Multi-Family Residences 219,801 N/A 219,801 219,801
C1. Vacant Lots 1,211,103 N/A 1,211,103 1,211,103
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,463,284 N/A 7,463,284 7,463,284
D2. Real Prop Farm & Ranch 3,249,859 N/A 3,249,859 3,249,859
E. Real Prop NonQual Acres 67,495,498 N/A 67,495,498 67,495,498
F1. Commercial Real 2,631,034 N/A 2,631,034 2,631,034
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,061,334 N/A 1,061,334 1,061,334
J. Utilities 11,998,577 N/A 11,998,577 11,998,577
L1. Commercial Personal 348,230 N/A 348,230 348,230
L2. Industrial Personal 515,902 N/A 515,902 515,902
M. Other Personal 4,253,823 N/A 4,253,823 4,253,823
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 132,078,360 132,078,360 132,078,360
Less Total Deductions 30,349,447   30,349,447 30,349,447
Total Taxable Value 101,728,913 101,728,913 101,728,913 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
108,200,309 101,728,913 108,200,309 101,728,913


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,471,396 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
108,200,309 101,728,913 108,200,309 101,728,913

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