taxes Property Tax Assistance

2022 ISD Summary Worksheet

185-Parmer /Parmer County

185-901/Bovina ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	40,504,384	0.9383	43,167,840	40,504,384
B - MULTIFAMILY	246,430	N/A	246,430	246,430
C1 - VACANT LOTS	470,257	N/A	470,257	470,257
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	19,540,381	1.0224	19,111,928	19,540,381
D2 - FARM & RANCH IMP	3,816,548	N/A	3,816,548	3,816,548
E - NON-AG LAND AND IMPROVEMENTS	18,659,736	1.0393	17,954,138	18,659,736
F1 - COMMERCIAL REAL	5,613,420	N/A	5,613,420	5,613,420
F2 - INDUSTRIAL REAL	16,785,710	N/A	16,785,710	16,785,710
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	34,234,098	0.9054	37,811,021	34,234,098
L1 - COMMERCIAL PERSONAL	3,647,172	0.9842	3,705,722	3,647,172
L2 - INDUSTRIAL PERSONAL	30,003,394	N/A	30,003,394	30,003,394
M1 - MOBILE HOMES	168,132	N/A	168,132	168,132
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	146,503	N/A	146,503	146,503
Subtotal	173,836,165	0	179,001,043	173,836,165
Less Total Deductions	44,922,579	0	46,083,803	44,922,579
Total Taxable Value	128,913,586	0	132,917,240	128,913,586

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
132,672,331	128,913,586	132,672,331	128,913,586	136,572,331

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
3,758,745	0	3,900,000

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
153,877,468	150,118,723	153,877,468	150,118,723	157,777,468

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

185-901-02/Bovina ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	40,504,384	0.9383	43,167,840	40,504,384
B - MULTIFAMILY	246,430	N/A	246,430	246,430
C1 - VACANT LOTS	470,257	N/A	470,257	470,257
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	19,540,381	1.0224	19,111,928	19,540,381
D2 - FARM & RANCH IMP	3,816,548	N/A	3,816,548	3,816,548
E - NON-AG LAND AND IMPROVEMENTS	18,659,736	1.0393	17,954,138	18,659,736
F1 - COMMERCIAL REAL	5,613,420	N/A	5,613,420	5,613,420
F2 - INDUSTRIAL REAL	16,785,710	N/A	16,785,710	16,785,710
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	34,234,098	0.9054	37,811,021	34,234,098
L1 - COMMERCIAL PERSONAL	3,647,172	0.9842	3,705,722	3,647,172
L2 - INDUSTRIAL PERSONAL	30,003,394	N/A	30,003,394	30,003,394
M1 - MOBILE HOMES	168,132	N/A	168,132	168,132
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	146,503	N/A	146,503	146,503
Subtotal	173,836,165		179,001,043	173,836,165
Less Total Deductions	44,922,579		46,083,803	44,922,579
Total Taxable Value	128,913,586		132,917,240	128,913,586

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
132,672,331	128,913,586	132,672,331	128,913,586	136,572,331

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
3,758,745	0	3,900,000

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
153,877,468	150,118,723	153,877,468	150,118,723	157,777,468

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