taxes Property Tax Assistance

2018 ISD Summary Worksheet

018/Bosque

018-902/Meridian ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 65,968,335 .9713 67,917,569 65,968,335
B. Multi-Family Residences 738,583 N/A 738,583 738,583
C1. Vacant Lots 3,124,131 N/A 3,124,131 3,124,131
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,149,743 1.0073 7,097,831 7,149,743
D2. Real Prop Farm & Ranch 5,030,156 N/A 5,030,156 5,030,156
E. Real Prop NonQual Acres 79,159,727 1.1358 69,695,129 79,159,727
F1. Commercial Real 11,628,061 .9180 12,666,733 11,628,061
F2. Industrial Real 2,768,029 N/A 2,768,029 2,768,029
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 25,499,595 .9406 27,109,925 25,499,595
L1. Commercial Personal 5,076,429 N/A 5,076,429 5,076,429
L2. Industrial Personal 5,319,564 N/A 5,319,564 5,319,564
M. Other Personal 707,944 N/A 707,944 707,944
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,614 N/A 1,614 1,614
Subtotal 212,171,911 207,253,637 212,171,911
Less Total Deductions 31,381,350   32,675,290 31,381,350
Total Taxable Value 180,790,561 174,578,347 180,790,561 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
186,650,200 180,790,561 186,650,200 180,790,561


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,859,639 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
186,650,200 180,790,561 186,650,200 180,790,561

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