taxes Property Tax Assistance

2018 ISD Summary Worksheet

019/Bowie

019-909/Simms ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 34,742,277 .9169 37,891,021 34,742,277
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,004,938 N/A 1,004,938 1,004,938
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,730,403 1.4930 5,847,399 8,730,403
D2. Real Prop Farm & Ranch 5,476,652 N/A 5,476,652 5,476,652
E. Real Prop NonQual Acres 74,210,045 .9453 78,504,226 74,210,045
F1. Commercial Real 2,019,918 N/A 2,019,918 2,019,918
F2. Industrial Real 6,844 N/A 6,844 6,844
G. Oil, Gas, Minerals 283,362 N/A 283,362 283,362
J. Utilities 13,696,337 .9664 14,172,534 13,696,337
L1. Commercial Personal 250,231 N/A 250,231 250,231
L2. Industrial Personal 286,702 N/A 286,702 286,702
M. Other Personal 4,545,210 N/A 4,545,210 4,545,210
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 145,252,919 150,289,037 145,252,919
Less Total Deductions 32,828,169   35,749,071 32,828,169
Total Taxable Value 112,424,750 114,539,966 112,424,750 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
119,120,084 112,424,750 119,120,084 112,424,750


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,695,334 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
119,120,084 112,424,750 119,120,084 112,424,750

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