taxes Property Tax Assistance

2016 ISD Summary Worksheet

019/Bowie

019-911/Red Lick ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 172,353,249 1.0214 168,742,167 172,353,249
B. Multi-Family Residences 253,115 N/A 253,115 253,115
C1. Vacant Lots 4,211,195 N/A 4,211,195 4,211,195
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 292,001 1.0934 267,052 292,001
D2. Real Prop Farm & Ranch 516,357 N/A 516,357 516,357
E. Real Prop NonQual Acres 21,085,554 .9983 21,121,460 21,085,554
F1. Commercial Real 6,516,276 N/A 6,516,276 6,516,276
F2. Industrial Real 1,113,299 N/A 1,113,299 1,113,299
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 10,111,500 N/A 10,111,500 10,111,500
L1. Commercial Personal 7,783,644 N/A 7,783,644 7,783,644
L2. Industrial Personal 1,803,387 N/A 1,803,387 1,803,387
M. Other Personal 1,789,529 N/A 1,789,529 1,789,529
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,999,041 N/A 2,999,041 2,999,041
S. Special Inventory 0 N/A 0 0
Subtotal 230,828,147 227,228,022 230,828,147
Less Total Deductions 33,768,467   32,853,598 33,768,467
Total Taxable Value 197,059,680 194,374,424 197,059,680 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
203,885,753 197,059,680 203,885,753 197,059,680


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,826,073 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
203,885,753 197,059,680 203,885,753 197,059,680

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