taxes Property Tax Assistance

2016 ISD Summary Worksheet

019/Bowie

019-905/New Boston ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 172,265,532 1.0355 166,359,761 172,265,532
B. Multi-Family Residences 7,064,974 N/A 7,064,974 7,064,974
C1. Vacant Lots 7,436,030 N/A 7,436,030 7,436,030
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,416,090 1.1824 4,580,695 5,416,090
D2. Real Prop Farm & Ranch 4,133,568 N/A 4,133,568 4,133,568
E. Real Prop NonQual Acres 58,342,063 .9242 63,127,097 58,342,063
F1. Commercial Real 60,982,262 .9033 67,510,530 60,982,262
F2. Industrial Real 8,490,028 N/A 8,490,028 8,490,028
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 14,376,471 N/A 14,376,471 14,376,471
L1. Commercial Personal 20,398,741 1.0298 19,808,449 20,398,741
L2. Industrial Personal 65,396,161 N/A 65,396,161 65,396,161
M. Other Personal 5,053,908 N/A 5,053,908 5,053,908
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 537,827 N/A 537,827 537,827
S. Special Inventory 4,115,184 N/A 4,115,184 4,115,184
Subtotal 434,008,839 437,990,683 434,008,839
Less Total Deductions 75,095,760   72,517,820 75,095,760
Total Taxable Value 358,913,079 365,472,863 358,913,079 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
374,671,025 358,913,079 374,671,025 358,913,079


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
15,757,946 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
374,671,025 358,913,079 374,671,025 358,913,079

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