taxes Property Tax Assistance

2016 ISD Summary Worksheet

188/Potter

188-904/Bushland ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 429,838,624 N/A 429,838,624 429,838,624
B. Multi-Family Residences 8,317,126 N/A 8,317,126 8,317,126
C1. Vacant Lots 32,037,581 N/A 32,037,581 32,037,581
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,665,169 N/A 11,665,169 11,665,169
D2. Real Prop Farm & Ranch 875,175 N/A 875,175 875,175
E. Real Prop NonQual Acres 7,707,288 N/A 7,707,288 7,707,288
F1. Commercial Real 270,546,225 N/A 270,546,225 270,546,225
F2. Industrial Real 11,423,346 N/A 11,423,346 11,423,346
G. Oil, Gas, Minerals 30,004,980 N/A 30,004,980 30,004,980
J. Utilities 98,693,338 N/A 98,693,338 98,693,338
L1. Commercial Personal 336,452,697 N/A 336,452,697 336,452,697
L2. Industrial Personal 25,366,349 N/A 25,366,349 25,366,349
M. Other Personal 1,654,582 N/A 1,654,582 1,654,582
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 729,367 N/A 729,367 729,367
S. Special Inventory 9,887,602 N/A 9,887,602 9,887,602
Subtotal 1,275,199,449 1,275,199,449 1,275,199,449
Less Total Deductions 112,884,183   112,884,183 112,884,183
Total Taxable Value 1,162,315,266 1,162,315,266 1,162,315,266 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
1,175,452,559 1,162,315,266 1,175,452,559 1,162,315,266


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,137,293 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
1,175,452,559 1,162,315,266 1,175,452,559 1,162,315,266

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