taxes Property Tax Assistance

2019 ISD Summary Worksheet

019-Bowie

019-910/Malta ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 9,399,007 N/A 9,399,007 9,399,007
C1. VACANT LOTS 188,054 N/A 188,054 188,054
D1. QUALIFIED AG LAND 1,451,713 N/A 1,451,713 1,451,713
D2. REAL PROP:FARM & RANCH 983,113 N/A 983,113 983,113
E. REAL PROP NONQUAL ACREAGE 14,661,063 N/A 14,661,063 14,661,063
F1. COMMERCIAL REAL 294,687 N/A 294,687 294,687
J. UTILITIES 1,158,698 N/A 1,158,698 1,158,698
L1. COMMERCIAL PERSONAL 87,462 N/A 87,462 87,462
L2. INDUSTRIAL PERSONAL 290,792 N/A 290,792 290,792
M. MOBILE HOMES 849,667 N/A 849,667 849,667
Subtotal 29,364,256 0 29,364,256 29,364,256
Less Total Deductions 7,325,882 0 7,325,882 7,325,882
Total Taxable Value 22,038,374 0 22,038,374 22,038,374

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
23,618,608 22,038,374 23,618,608 22,038,374


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,580,234 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
23,618,608 22,038,374 23,618,608 22,038,374

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

019-910-02/Malta ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 9,399,007 N/A 9,399,007 9,399,007
C1. VACANT LOTS 188,054 N/A 188,054 188,054
D1. QUALIFIED AG LAND 1,451,713 N/A 1,451,713 1,451,713
D2. REAL PROP:FARM & RANCH 983,113 N/A 983,113 983,113
E. REAL PROP NONQUAL ACREAGE 14,661,063 N/A 14,661,063 14,661,063
F1. COMMERCIAL REAL 294,687 N/A 294,687 294,687
J. UTILITIES 1,158,698 N/A 1,158,698 1,158,698
L1. COMMERCIAL PERSONAL 87,462 N/A 87,462 87,462
L2. INDUSTRIAL PERSONAL 290,792 N/A 290,792 290,792
M. MOBILE HOMES 849,667 N/A 849,667 849,667
Subtotal 29,364,256 29,364,256 29,364,256
Less Total Deductions 7,325,882 7,325,882 7,325,882
Total Taxable Value 22,038,374 22,038,374 22,038,374

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
23,618,608 22,038,374 23,618,608 22,038,374


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,580,234 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
23,618,608 22,038,374 23,618,608 22,038,374

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