taxes Property Tax Assistance

2016 ISD Summary Worksheet

175/Navarro

175-902/Blooming Grove ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 40,998,564 N/A 40,998,564 40,998,564
B. Multi-Family Residences 105,400 N/A 105,400 105,400
C1. Vacant Lots 2,322,620 N/A 2,322,620 2,322,620
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,417,103 N/A 12,417,103 12,417,103
D2. Real Prop Farm & Ranch 505,240 N/A 505,240 505,240
E. Real Prop NonQual Acres 100,602,010 N/A 100,602,010 100,602,010
F1. Commercial Real 2,116,010 N/A 2,116,010 2,116,010
F2. Industrial Real 210,330 N/A 210,330 210,330
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 29,221,020 N/A 29,221,020 29,221,020
L1. Commercial Personal 1,199,780 N/A 1,199,780 1,199,780
L2. Industrial Personal 9,711,170 N/A 9,711,170 9,711,170
M. Other Personal 5,713,260 N/A 5,713,260 5,713,260
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 205,122,507 205,122,507 205,122,507
Less Total Deductions 39,117,506   39,117,506 39,117,506
Total Taxable Value 166,005,001 166,005,001 166,005,001 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
175,434,937 166,005,001 175,434,937 166,005,001


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,429,936 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
175,434,937 166,005,001 175,434,937 166,005,001

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