taxes Property Tax Assistance

2018 ISD Summary Worksheet

019/Bowie

019-907/Texarkana ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 849,656,823 .9801 866,908,298 849,656,823
B. Multi-Family Residences 102,940,607 N/A 102,940,607 102,940,607
C1. Vacant Lots 64,385,513 N/A 64,385,513 64,385,513
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,174,210 1.2415 945,806 1,174,210
D2. Real Prop Farm & Ranch 605,245 N/A 605,245 605,245
E. Real Prop NonQual Acres 49,229,277 N/A 49,229,277 49,229,277
F1. Commercial Real 698,460,720 .9218 757,713,951 698,460,720
F2. Industrial Real 30,319,525 N/A 30,319,525 30,319,525
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 59,104,594 N/A 59,104,594 59,104,594
L1. Commercial Personal 234,575,821 .9499 246,947,911 234,575,821
L2. Industrial Personal 99,553,338 N/A 99,553,338 99,553,338
M. Other Personal 6,399,413 N/A 6,399,413 6,399,413
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,692,114 N/A 2,692,114 2,692,114
S. Special Inventory 33,529,547 N/A 33,529,547 33,529,547
Subtotal 2,232,626,747 2,321,275,139 2,232,626,747
Less Total Deductions 224,714,454   230,105,006 224,714,454
Total Taxable Value 2,007,912,293 2,091,170,133 2,007,912,293 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
2,052,383,217 2,007,912,293 2,052,383,217 2,007,912,293


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
44,470,924 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
2,052,383,217 2,007,912,293 2,052,383,217 2,007,912,293

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