taxes Property Tax Assistance

2022 ISD Summary Worksheet

019-Bowie/Bowie County

019-909/Simms ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	48,352,673	0.9388	51,504,765	48,352,673
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,028,670	N/A	1,028,670	1,028,670
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,910,557	2.0241	4,896,299	9,910,557
D2 - FARM & RANCH IMP	7,977,955	N/A	7,977,955	7,977,955
E - NON-AG LAND AND IMPROVEMENTS	108,067,212	0.9067	119,187,396	108,067,212
F1 - COMMERCIAL REAL	2,978,105	N/A	2,978,105	2,978,105
F2 - INDUSTRIAL REAL	10,563	N/A	10,563	10,563
G - ALL MINERALS	54,539	N/A	54,539	54,539
J - ALL UTILITIES	17,203,527	0.8607	19,987,832	17,203,527
L1 - COMMERCIAL PERSONAL	323,186	N/A	323,186	323,186
L2 - INDUSTRIAL PERSONAL	3,846,794	N/A	3,846,794	3,846,794
M1 - MOBILE HOMES	7,713,416	N/A	7,713,416	7,713,416
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	207,467,197	0	219,509,520	207,467,197
Less Total Deductions	51,907,737	0	55,068,698	51,907,737
Total Taxable Value	155,559,460	0	164,440,822	155,559,460

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	T13
165,143,302	155,559,460	165,143,302	155,559,460	173,983,302

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
9,583,842	0	8,840,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
165,143,302	155,559,460	165,143,302	155,559,460	173,983,302

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

019-909-02/Simms ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	48,352,673	0.9388	51,504,765	48,352,673
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	1,028,670	N/A	1,028,670	1,028,670
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	9,910,557	2.0241	4,896,299	9,910,557
D2 - FARM & RANCH IMP	7,977,955	N/A	7,977,955	7,977,955
E - NON-AG LAND AND IMPROVEMENTS	108,067,212	0.9067	119,187,396	108,067,212
F1 - COMMERCIAL REAL	2,978,105	N/A	2,978,105	2,978,105
F2 - INDUSTRIAL REAL	10,563	N/A	10,563	10,563
G - ALL MINERALS	54,539	N/A	54,539	54,539
J - ALL UTILITIES	17,203,527	0.8607	19,987,832	17,203,527
L1 - COMMERCIAL PERSONAL	323,186	N/A	323,186	323,186
L2 - INDUSTRIAL PERSONAL	3,846,794	N/A	3,846,794	3,846,794
M1 - MOBILE HOMES	7,713,416	N/A	7,713,416	7,713,416
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	207,467,197		219,509,520	207,467,197
Less Total Deductions	51,907,737		55,068,698	51,907,737
Total Taxable Value	155,559,460		164,440,822	155,559,460

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	T13
165,143,302	155,559,460	165,143,302	155,559,460	173,983,302

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
9,583,842	0	8,840,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
165,143,302	155,559,460	165,143,302	155,559,460	173,983,302

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement