taxes Property Tax Assistance

2017 ISD Summary Worksheet

185/Parmer

185-901/Bovina ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 25,858,354 N/A 25,858,354 25,858,354
B. Multi-Family Residences 142,019 N/A 142,019 142,019
C1. Vacant Lots 437,747 N/A 437,747 437,747
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,731,070 N/A 14,731,070 14,731,070
D2. Real Prop Farm & Ranch 2,377,543 N/A 2,377,543 2,377,543
E. Real Prop NonQual Acres 12,571,203 N/A 12,571,203 12,571,203
F1. Commercial Real 4,147,303 N/A 4,147,303 4,147,303
F2. Industrial Real 14,351,826 N/A 14,351,826 14,351,826
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 23,251,758 N/A 23,251,758 23,251,758
L1. Commercial Personal 8,819,153 N/A 8,819,153 8,819,153
L2. Industrial Personal 27,710,326 N/A 27,710,326 27,710,326
M. Other Personal 132,268 N/A 132,268 132,268
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 146,013 N/A 146,013 146,013
Subtotal 134,676,583 134,676,583 134,676,583
Less Total Deductions 33,261,770   33,261,770 33,261,770
Total Taxable Value 101,414,813 101,414,813 101,414,813 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
104,510,850 101,414,813 104,510,850 101,414,813


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,096,037 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
122,562,445 119,466,408 122,562,445 119,466,408

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