taxes Property Tax Assistance

2018 ISD Summary Worksheet

235/Victoria

235-901/Bloomington ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 67,367,194 .9643 69,861,240 67,367,194
B. Multi-Family Residences 1,023,250 N/A 1,023,250 1,023,250
C1. Vacant Lots 1,574,148 N/A 1,574,148 1,574,148
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,813,016 1.0430 12,284,490 12,813,016
D2. Real Prop Farm & Ranch 1,646,250 N/A 1,646,250 1,646,250
E. Real Prop NonQual Acres 19,437,919 1.0249 18,965,674 19,437,919
F1. Commercial Real 9,847,762 .7026 14,016,171 9,847,762
F2. Industrial Real 23,640,890 N/A 23,640,890 23,640,890
G. Oil, Gas, Minerals 20,070,340 N/A 20,070,340 20,070,340
J. Utilities 43,110,480 .9137 47,182,314 43,110,480
L1. Commercial Personal 2,316,530 N/A 2,316,530 2,316,530
L2. Industrial Personal 3,633,210 N/A 3,633,210 3,633,210
M. Other Personal 1,687,330 N/A 1,687,330 1,687,330
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 208,168,319 217,901,837 208,168,319
Less Total Deductions 28,961,695   29,901,088 28,961,695
Total Taxable Value 179,206,624 188,000,749 179,206,624 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
184,493,454 179,206,624 184,493,454 179,206,624


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,286,830 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
184,493,454 179,206,624 184,493,454 179,206,624

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