taxes Property Tax Assistance

2016 ISD Summary Worksheet

185/Parmer

185-901/Bovina ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 25,015,349 .9532 26,243,547 25,015,349
B. Multi-Family Residences 134,969 N/A 134,969 134,969
C1. Vacant Lots 443,627 N/A 443,627 443,627
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,419,680 .9585 17,131,233 16,419,680
D2. Real Prop Farm & Ranch 2,447,933 N/A 2,447,933 2,447,933
E. Real Prop NonQual Acres 12,131,527 .9593 12,646,228 12,131,527
F1. Commercial Real 4,088,862 N/A 4,088,862 4,088,862
F2. Industrial Real 15,029,308 N/A 15,029,308 15,029,308
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 22,304,489 1.0428 21,389,038 22,304,489
L1. Commercial Personal 17,859,990 1.0113 17,660,427 17,859,990
L2. Industrial Personal 27,901,941 N/A 27,901,941 27,901,941
M. Other Personal 123,004 N/A 123,004 123,004
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 56,633 N/A 56,633 56,633
Subtotal 143,957,312 145,296,750 143,957,312
Less Total Deductions 36,199,074   36,710,463 36,199,074
Total Taxable Value 107,758,238 108,586,287 107,758,238 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
110,725,722 107,758,238 110,725,722 107,758,238


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,967,484 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
131,708,493 128,741,009 131,708,493 128,741,009

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