taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

188/Potter

188-904/Bushland ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 409,894,224 .9621 426,041,185 409,894,224
B. Multi-Family Residences 7,794,527 N/A 7,794,527 7,794,527
C1. Vacant Lots 35,195,330 N/A 35,195,330 35,195,330
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,293,342 1.1432 9,878,495 11,293,342
D2. Real Prop Farm & Ranch 867,425 N/A 867,425 867,425
E. Real Prop NonQual Acres 7,563,727 N/A 7,563,727 7,563,727
F1. Commercial Real 253,645,402 .8674 292,420,339 253,645,402
F2. Industrial Real 1,423,346 N/A 1,423,346 1,423,346
G. Oil, Gas, Minerals 42,434,300 N/A 42,434,300 42,434,300
J. Utilities 116,837,752 1.0594 110,286,721 116,837,752
L1. Commercial Personal 329,316,436 .9989 329,679,083 329,316,436
L2. Industrial Personal 30,093,007 N/A 30,093,007 30,093,007
M. Other Personal 1,760,687 N/A 1,760,687 1,760,687
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 927,917 N/A 927,917 927,917
S. Special Inventory 10,128,458 N/A 10,128,458 10,128,458
Subtotal 1,259,175,880 1,306,494,547 1,259,175,880
Less Total Deductions 154,716,334   158,129,083 154,716,334
Total Taxable Value 1,104,459,546 1,148,365,464 1,104,459,546 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
1,117,478,143 1,104,459,546 1,117,478,143 1,104,459,546


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,018,597 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
1,117,478,143 1,104,459,546 1,117,478,143 1,104,459,546

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