taxes Property Tax Assistance

2016 ISD Summary Worksheet

019/Bowie

019-907/Texarkana ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 817,092,857 .9957 820,621,530 817,092,857
B. Multi-Family Residences 95,733,780 N/A 95,733,780 95,733,780
C1. Vacant Lots 62,879,115 N/A 62,879,115 62,879,115
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,017,808 1.0096 1,008,145 1,017,808
D2. Real Prop Farm & Ranch 578,935 N/A 578,935 578,935
E. Real Prop NonQual Acres 43,593,753 N/A 43,593,753 43,593,753
F1. Commercial Real 664,942,144 .9497 700,160,202 664,942,144
F2. Industrial Real 27,115,689 N/A 27,115,689 27,115,689
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 62,211,181 N/A 62,211,181 62,211,181
L1. Commercial Personal 240,548,334 .9755 246,589,784 240,548,334
L2. Industrial Personal 90,754,094 N/A 90,754,094 90,754,094
M. Other Personal 5,918,540 N/A 5,918,540 5,918,540
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,660,806 N/A 2,660,806 2,660,806
S. Special Inventory 31,555,633 N/A 31,555,633 31,555,633
Subtotal 2,146,602,669 2,191,381,187 2,146,602,669
Less Total Deductions 225,889,023   226,996,806 225,889,023
Total Taxable Value 1,920,713,646 1,964,384,381 1,920,713,646 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
1,965,936,440 1,920,713,646 1,965,936,440 1,920,713,646


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
45,222,794 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
1,965,936,440 1,920,713,646 1,965,936,440 1,920,713,646

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