taxes Property Tax Assistance

2022 ISD Summary Worksheet

235-Victoria /Victoria County

235-901/Bloomington ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 107,802,503 1.0405 103,606,442 107,802,503
B - MULTIFAMILY 1,000,230 N/A 1,000,230 1,000,230
C1 - VACANT LOTS 2,515,881 N/A 2,515,881 2,515,881
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,713,151 1.0005 13,706,232 13,713,151
D2 - FARM & RANCH IMP 2,163,698 N/A 2,163,698 2,163,698
E - NON-AG LAND AND IMPROVEMENTS 32,036,651 0.9419 34,012,794 32,036,651
F1 - COMMERCIAL REAL 16,055,384 N/A 16,055,384 16,055,384
F2 - INDUSTRIAL REAL 25,766,080 N/A 25,766,080 25,766,080
G - ALL MINERALS 57,776,780 1.0075 57,346,680 57,776,780
J - ALL UTILITIES 64,528,710 0.9137 70,623,520 64,528,710
L1 - COMMERCIAL PERSONAL 3,935,930 N/A 3,935,930 3,935,930
L2 - INDUSTRIAL PERSONAL 1,913,220 N/A 1,913,220 1,913,220
M1 - MOBILE HOMES 3,514,299 N/A 3,514,299 3,514,299
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 332,722,517 0 336,160,390 332,722,517
Less Total Deductions 40,940,419 0 40,514,615 40,940,419
Total Taxable Value 291,782,098 0 295,645,775 291,782,098

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
299,213,182 291,782,098 299,213,182 291,782,098 306,413,182


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
7,431,084 0 7,200,000


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
299,213,182 291,782,098 299,213,182 291,782,098 306,413,182

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

235-901-02/Bloomington ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 107,802,503 1.0405 103,606,442 107,802,503
B - MULTIFAMILY 1,000,230 N/A 1,000,230 1,000,230
C1 - VACANT LOTS 2,515,881 N/A 2,515,881 2,515,881
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,713,151 1.0005 13,706,232 13,713,151
D2 - FARM & RANCH IMP 2,163,698 N/A 2,163,698 2,163,698
E - NON-AG LAND AND IMPROVEMENTS 32,036,651 0.9419 34,012,794 32,036,651
F1 - COMMERCIAL REAL 16,055,384 N/A 16,055,384 16,055,384
F2 - INDUSTRIAL REAL 25,766,080 N/A 25,766,080 25,766,080
G - ALL MINERALS 57,776,780 1.0075 57,346,680 57,776,780
J - ALL UTILITIES 64,528,710 0.9137 70,623,520 64,528,710
L1 - COMMERCIAL PERSONAL 3,935,930 N/A 3,935,930 3,935,930
L2 - INDUSTRIAL PERSONAL 1,913,220 N/A 1,913,220 1,913,220
M1 - MOBILE HOMES 3,514,299 N/A 3,514,299 3,514,299
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 332,722,517 336,160,390 332,722,517
Less Total Deductions 40,940,419 40,514,615 40,940,419
Total Taxable Value 291,782,098 295,645,775 291,782,098

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
299,213,182 291,782,098 299,213,182 291,782,098 306,413,182


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
7,431,084 0 7,200,000


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
299,213,182 291,782,098 299,213,182 291,782,098 306,413,182

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