taxes Property Tax Assistance

2018 ISD Summary Worksheet

019/Bowie

019-906/Redwater ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 206,752,528 .9623 214,852,466 206,752,528
B. Multi-Family Residences 2,943,410 N/A 2,943,410 2,943,410
C1. Vacant Lots 5,851,518 N/A 5,851,518 5,851,518
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,199,301 1.4796 2,162,301 3,199,301
D2. Real Prop Farm & Ranch 1,702,201 N/A 1,702,201 1,702,201
E. Real Prop NonQual Acres 48,417,619 .9883 48,990,811 48,417,619
F1. Commercial Real 8,079,882 N/A 8,079,882 8,079,882
F2. Industrial Real 2,050,065 N/A 2,050,065 2,050,065
G. Oil, Gas, Minerals 28,096 N/A 28,096 28,096
J. Utilities 8,563,988 N/A 8,563,988 8,563,988
L1. Commercial Personal 5,205,069 N/A 5,205,069 5,205,069
L2. Industrial Personal 594,305 N/A 594,305 594,305
M. Other Personal 5,288,435 N/A 5,288,435 5,288,435
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,447,193 N/A 1,447,193 1,447,193
S. Special Inventory 666,451 N/A 666,451 666,451
Subtotal 300,790,061 308,426,191 300,790,061
Less Total Deductions 55,455,941   57,905,873 55,455,941
Total Taxable Value 245,334,120 250,520,318 245,334,120 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
257,686,530 245,334,120 257,686,530 245,334,120


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,352,410 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
257,686,530 245,334,120 257,686,530 245,334,120

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