taxes Property Tax Assistance

2016 ISD Summary Worksheet

019/Bowie

019-913/Hubbard ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 6,481,873 .9308 6,963,766 6,481,873
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 134,503 N/A 134,503 134,503
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,042,763 .9106 1,145,084 1,042,763
D2. Real Prop Farm & Ranch 1,657,220 1.0075 1,644,883 1,657,220
E. Real Prop NonQual Acres 15,012,910 .9600 15,638,448 15,012,910
F1. Commercial Real 35,549 N/A 35,549 35,549
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 755,583 N/A 755,583 755,583
L1. Commercial Personal 11,885 N/A 11,885 11,885
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 407,143 N/A 407,143 407,143
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 25,539,429 26,736,844 25,539,429
Less Total Deductions 7,133,670   7,641,608 7,133,670
Total Taxable Value 18,405,759 19,095,236 18,405,759 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
19,891,399 18,405,759 19,891,399 18,405,759


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,485,640 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
19,891,399 18,405,759 19,891,399 18,405,759

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