taxes Property Tax Assistance

2016 ISD Summary Worksheet

019/Bowie

019-906/Redwater ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 179,983,122 .9686 185,817,801 179,983,122
B. Multi-Family Residences 3,016,702 N/A 3,016,702 3,016,702
C1. Vacant Lots 5,095,596 N/A 5,095,596 5,095,596
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,881,993 1.1751 2,452,615 2,881,993
D2. Real Prop Farm & Ranch 1,551,484 N/A 1,551,484 1,551,484
E. Real Prop NonQual Acres 46,384,592 .9557 48,534,678 46,384,592
F1. Commercial Real 7,161,728 N/A 7,161,728 7,161,728
F2. Industrial Real 1,865,572 N/A 1,865,572 1,865,572
G. Oil, Gas, Minerals 118,012 N/A 118,012 118,012
J. Utilities 7,633,823 N/A 7,633,823 7,633,823
L1. Commercial Personal 6,098,199 N/A 6,098,199 6,098,199
L2. Industrial Personal 732,532 N/A 732,532 732,532
M. Other Personal 5,438,630 N/A 5,438,630 5,438,630
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,561,600 N/A 1,561,600 1,561,600
S. Special Inventory 647,414 N/A 647,414 647,414
Subtotal 270,170,999 277,726,386 270,170,999
Less Total Deductions 48,964,707   50,676,740 48,964,707
Total Taxable Value 221,206,292 227,049,646 221,206,292 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
233,017,230 221,206,292 233,017,230 221,206,292


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,810,938 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
233,017,230 221,206,292 233,017,230 221,206,292

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