taxes Property Tax Assistance

2019 ISD Summary Worksheet

235-Victoria

235-901/Bloomington ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 73,705,701 N/A 73,705,701 73,705,701
B. MULTIFAMILY RESIDENCES 1,007,320 N/A 1,007,320 1,007,320
C1. VACANT LOTS 1,694,958 N/A 1,694,958 1,694,958
D1. QUALIFIED AG LAND 12,593,765 N/A 12,593,765 12,593,765
D2. REAL PROP:FARM & RANCH 2,024,121 N/A 2,024,121 2,024,121
E. REAL PROP NONQUAL ACREAGE 24,490,633 N/A 24,490,633 24,490,633
F1. COMMERCIAL REAL 10,627,552 N/A 10,627,552 10,627,552
F2. INDUSTRIAL REAL 24,981,100 N/A 24,981,100 24,981,100
G. OIL,GAS,MINERALS 57,397,560 N/A 57,397,560 57,397,560
J. UTILITIES 44,030,100 N/A 44,030,100 44,030,100
L1. COMMERCIAL PERSONAL 3,771,850 N/A 3,771,850 3,771,850
L2. INDUSTRIAL PERSONAL 2,864,470 N/A 2,864,470 2,864,470
M. MOBILE HOMES 1,781,610 N/A 1,781,610 1,781,610
Subtotal 260,970,740 0 260,970,740 260,970,740
Less Total Deductions 31,103,017 0 31,103,017 31,103,017
Total Taxable Value 229,867,723 0 229,867,723 229,867,723

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
235,209,998 229,867,723 235,209,998 229,867,723


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,342,275 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
235,209,998 229,867,723 235,209,998 229,867,723

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

235-901-02/Bloomington ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 73,705,701 N/A 73,705,701 73,705,701
B. MULTIFAMILY RESIDENCES 1,007,320 N/A 1,007,320 1,007,320
C1. VACANT LOTS 1,694,958 N/A 1,694,958 1,694,958
D1. QUALIFIED AG LAND 12,593,765 N/A 12,593,765 12,593,765
D2. REAL PROP:FARM & RANCH 2,024,121 N/A 2,024,121 2,024,121
E. REAL PROP NONQUAL ACREAGE 24,490,633 N/A 24,490,633 24,490,633
F1. COMMERCIAL REAL 10,627,552 N/A 10,627,552 10,627,552
F2. INDUSTRIAL REAL 24,981,100 N/A 24,981,100 24,981,100
G. OIL,GAS,MINERALS 57,397,560 N/A 57,397,560 57,397,560
J. UTILITIES 44,030,100 N/A 44,030,100 44,030,100
L1. COMMERCIAL PERSONAL 3,771,850 N/A 3,771,850 3,771,850
L2. INDUSTRIAL PERSONAL 2,864,470 N/A 2,864,470 2,864,470
M. MOBILE HOMES 1,781,610 N/A 1,781,610 1,781,610
Subtotal 260,970,740 260,970,740 260,970,740
Less Total Deductions 31,103,017 31,103,017 31,103,017
Total Taxable Value 229,867,723 229,867,723 229,867,723

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
235,209,998 229,867,723 235,209,998 229,867,723


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,342,275 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
235,209,998 229,867,723 235,209,998 229,867,723

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