taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

019/Bowie

019-910/Malta ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 8,224,256 N/A 8,224,256 8,224,256
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 176,675 N/A 176,675 176,675
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 942,075 N/A 942,075 942,075
D2. Real Prop Farm & Ranch 757,859 N/A 757,859 757,859
E. Real Prop NonQual Acres 12,908,946 N/A 12,908,946 12,908,946
F1. Commercial Real 281,577 N/A 281,577 281,577
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 913,354 N/A 913,354 913,354
L1. Commercial Personal 163,212 N/A 163,212 163,212
L2. Industrial Personal 293,982 N/A 293,982 293,982
M. Other Personal 719,115 N/A 719,115 719,115
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 25,381,051 25,381,051 25,381,051
Less Total Deductions 6,989,504   6,989,504 6,989,504
Total Taxable Value 18,391,547 18,391,547 18,391,547 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
20,017,453 18,391,547 20,017,453 18,391,547


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,625,906 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
20,017,453 18,391,547 20,017,453 18,391,547

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