taxes Property Tax Assistance

2017 ISD Summary Worksheet

188/Potter

188-904/Bushland ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 472,167,381 .9450 499,648,022 472,167,381
B. Multi-Family Residences 8,317,126 N/A 8,317,126 8,317,126
C1. Vacant Lots 33,619,863 N/A 33,619,863 33,619,863
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,798,527 1.1853 9,953,731 11,798,527
D2. Real Prop Farm & Ranch 877,082 N/A 877,082 877,082
E. Real Prop NonQual Acres 7,825,225 N/A 7,825,225 7,825,225
F1. Commercial Real 286,419,217 .8589 333,472,135 286,419,217
F2. Industrial Real 7,136,457 N/A 7,136,457 7,136,457
G. Oil, Gas, Minerals 37,243,740 N/A 37,243,740 37,243,740
J. Utilities 113,360,815 .9552 118,677,570 113,360,815
L1. Commercial Personal 421,670,058 .9956 423,533,606 421,670,058
L2. Industrial Personal 19,121,420 N/A 19,121,420 19,121,420
M. Other Personal 1,736,581 N/A 1,736,581 1,736,581
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,107,325 N/A 1,107,325 1,107,325
S. Special Inventory 10,718,473 N/A 10,718,473 10,718,473
Subtotal 1,433,119,290 1,512,988,356 1,433,119,290
Less Total Deductions 165,840,323   172,163,438 165,840,323
Total Taxable Value 1,267,278,967 1,340,824,918 1,267,278,967 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
1,281,316,528 1,267,278,967 1,281,316,528 1,267,278,967


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,037,561 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
1,281,316,528 1,267,278,967 1,281,316,528 1,267,278,967

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 invalid, but local value was certified because your school district is in year one of the grace period.