taxes Property Tax Assistance

2022 ISD Summary Worksheet

019-Bowie /Bowie County

019-906/Redwater ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	311,057,175	0.9532	326,329,390	311,057,175
B - MULTIFAMILY	3,755,450	N/A	3,755,450	3,755,450
C1 - VACANT LOTS	4,963,375	N/A	4,963,375	4,963,375
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,408,906	1.9635	1,736,132	3,408,906
D2 - FARM & RANCH IMP	3,482,167	N/A	3,482,167	3,482,167
E - NON-AG LAND AND IMPROVEMENTS	88,840,616	0.9454	93,971,458	88,840,616
F1 - COMMERCIAL REAL	9,817,472	N/A	9,817,472	9,817,472
F2 - INDUSTRIAL REAL	2,357,645	N/A	2,357,645	2,357,645
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	10,130,247	N/A	10,130,247	10,130,247
L1 - COMMERCIAL PERSONAL	5,941,205	N/A	5,941,205	5,941,205
L2 - INDUSTRIAL PERSONAL	683,813	N/A	683,813	683,813
M1 - MOBILE HOMES	8,879,766	N/A	8,879,766	8,879,766
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	317,247	N/A	317,247	317,247
S - SPECIAL INVENTORY	569,365	N/A	569,365	569,365
Subtotal	454,204,449	0	472,934,732	454,204,449
Less Total Deductions	111,419,233	0	117,111,822	111,419,233
Total Taxable Value	342,785,216	0	355,822,910	342,785,216

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
361,685,325	342,785,216	361,685,325	342,785,216	376,395,325

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
18,900,109	0	14,710,000

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
361,685,325	342,785,216	361,685,325	342,785,216	376,395,325

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

019-906-02/Redwater ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	311,057,175	0.9532	326,329,390	311,057,175
B - MULTIFAMILY	3,755,450	N/A	3,755,450	3,755,450
C1 - VACANT LOTS	4,963,375	N/A	4,963,375	4,963,375
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,408,906	1.9635	1,736,132	3,408,906
D2 - FARM & RANCH IMP	3,482,167	N/A	3,482,167	3,482,167
E - NON-AG LAND AND IMPROVEMENTS	88,840,616	0.9454	93,971,458	88,840,616
F1 - COMMERCIAL REAL	9,817,472	N/A	9,817,472	9,817,472
F2 - INDUSTRIAL REAL	2,357,645	N/A	2,357,645	2,357,645
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	10,130,247	N/A	10,130,247	10,130,247
L1 - COMMERCIAL PERSONAL	5,941,205	N/A	5,941,205	5,941,205
L2 - INDUSTRIAL PERSONAL	683,813	N/A	683,813	683,813
M1 - MOBILE HOMES	8,879,766	N/A	8,879,766	8,879,766
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	317,247	N/A	317,247	317,247
S - SPECIAL INVENTORY	569,365	N/A	569,365	569,365
Subtotal	454,204,449		472,934,732	454,204,449
Less Total Deductions	111,419,233		117,111,822	111,419,233
Total Taxable Value	342,785,216		355,822,910	342,785,216

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
361,685,325	342,785,216	361,685,325	342,785,216	376,395,325

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
18,900,109	0	14,710,000

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
361,685,325	342,785,216	361,685,325	342,785,216	376,395,325

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