taxes Property Tax Assistance

2016 ISD Summary Worksheet

019/Bowie

019-909/Simms ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 32,673,856 .9510 34,357,367 32,673,856
B. Multi-Family Residences 212,598 N/A 212,598 212,598
C1. Vacant Lots 1,194,318 N/A 1,194,318 1,194,318
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,104,887 1.2329 6,573,584 8,104,887
D2. Real Prop Farm & Ranch 3,917,822 N/A 3,917,822 3,917,822
E. Real Prop NonQual Acres 68,016,559 .9927 68,516,731 68,016,559
F1. Commercial Real 2,589,139 N/A 2,589,139 2,589,139
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 483,804 N/A 483,804 483,804
J. Utilities 12,004,382 1.1471 10,464,983 12,004,382
L1. Commercial Personal 347,767 N/A 347,767 347,767
L2. Industrial Personal 379,937 N/A 379,937 379,937
M. Other Personal 4,061,959 N/A 4,061,959 4,061,959
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 133,987,028 133,100,009 133,987,028
Less Total Deductions 31,174,074   32,733,612 31,174,074
Total Taxable Value 102,812,954 100,366,397 102,812,954 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
109,252,836 102,812,954 109,252,836 102,812,954


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,439,882 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
109,252,836 102,812,954 109,252,836 102,812,954

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