taxes Property Tax Assistance

2016 ISD Summary Worksheet

018/Bosque

018-902/Meridian ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 57,823,877 .9390 61,580,274 57,823,877
B. Multi-Family Residences 852,630 N/A 852,630 852,630
C1. Vacant Lots 3,343,265 N/A 3,343,265 3,343,265
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,910,004 .8854 6,675,303 5,910,004
D2. Real Prop Farm & Ranch 3,753,858 N/A 3,753,858 3,753,858
E. Real Prop NonQual Acres 65,908,291 .9762 67,515,152 65,908,291
F1. Commercial Real 10,860,605 .9785 11,099,239 10,860,605
F2. Industrial Real 2,815,366 N/A 2,815,366 2,815,366
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 24,269,907 .9903 24,507,631 24,269,907
L1. Commercial Personal 4,559,563 N/A 4,559,563 4,559,563
L2. Industrial Personal 5,543,310 N/A 5,543,310 5,543,310
M. Other Personal 719,608 N/A 719,608 719,608
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 22,659 N/A 22,659 22,659
Subtotal 186,382,943 192,987,858 186,382,943
Less Total Deductions 26,595,135   28,792,419 26,595,135
Total Taxable Value 159,787,808 164,195,439 159,787,808 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
165,432,477 159,787,808 165,432,477 159,787,808


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,644,669 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
165,432,477 159,787,808 165,432,477 159,787,808

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