taxes Property Tax Assistance

2017 ISD Summary Worksheet

018/Bosque

018-902/Meridian ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 62,103,102 N/A 62,103,102 62,103,102
B. Multi-Family Residences 952,089 N/A 952,089 952,089
C1. Vacant Lots 3,271,251 N/A 3,271,251 3,271,251
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,824,081 N/A 6,824,081 6,824,081
D2. Real Prop Farm & Ranch 3,858,385 N/A 3,858,385 3,858,385
E. Real Prop NonQual Acres 71,918,214 N/A 71,918,214 71,918,214
F1. Commercial Real 10,955,265 N/A 10,955,265 10,955,265
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 24,989,477 N/A 24,989,477 24,989,477
L1. Commercial Personal 5,149,284 N/A 5,149,284 5,149,284
L2. Industrial Personal 5,617,550 N/A 5,617,550 5,617,550
M. Other Personal 762,103 N/A 762,103 762,103
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 16,789 N/A 16,789 16,789
Subtotal 199,232,956 199,232,956 199,232,956
Less Total Deductions 28,081,087   28,081,087 28,081,087
Total Taxable Value 171,151,869 171,151,869 171,151,869 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
176,821,229 171,151,869 176,821,229 171,151,869


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,669,360 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
176,821,229 171,151,869 176,821,229 171,151,869

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