taxes Property Tax Assistance

2023 ISD Summary Worksheet

019-Bowie/Bowie County

019-911/Red Lick ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 316,820,786 N/A 316,820,786 316,820,786
B - MULTIFAMILY 11,194,630 N/A 11,194,630 11,194,630
C1 - VACANT LOTS 3,334,952 N/A 3,334,952 3,334,952
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 398,594 N/A 398,594 398,594
D2 - FARM & RANCH IMP 695,894 N/A 695,894 695,894
E - NON-AG LAND AND IMPROVEMENTS 30,077,347 N/A 30,077,347 30,077,347
F1 - COMMERCIAL REAL 8,558,807 N/A 8,558,807 8,558,807
F2 - INDUSTRIAL REAL 2,770,323 N/A 2,770,323 2,770,323
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 16,614,658 N/A 16,614,658 16,614,658
L1 - COMMERCIAL PERSONAL 9,422,464 N/A 9,422,464 9,422,464
L2 - INDUSTRIAL PERSONAL 2,579,612 N/A 2,579,612 2,579,612
M1 - MOBILE HOMES 2,235,095 N/A 2,235,095 2,235,095
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,614,820 N/A 1,614,820 1,614,820
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 406,317,982 0 406,317,982 406,317,982
Less Total Deductions 140,095,084 0 140,095,084 140,095,084
Total Taxable Value 266,222,898 0 266,222,898 266,222,898

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

Measure Value Description
T1 312,122,401 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 266,222,898 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 312,122,401 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 266,222,898 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 324,737,401 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 333,147,401 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 295,771,146 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 312,122,401 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 266,222,898 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 312,122,401 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 266,222,898 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 324,737,401 T13 plus the loss to the chapter 313 agreement
T16 333,147,401 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 295,771,146 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 45,899,503 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 12,615,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 8,410,000 Loss to Second Previous Homestead Increase

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

019-911-02/Red Lick ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 316,820,786 N/A 316,820,786 316,820,786
B - MULTIFAMILY 11,194,630 N/A 11,194,630 11,194,630
C1 - VACANT LOTS 3,334,952 N/A 3,334,952 3,334,952
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 398,594 N/A 398,594 398,594
D2 - FARM & RANCH IMP 695,894 N/A 695,894 695,894
E - NON-AG LAND AND IMPROVEMENTS 30,077,347 N/A 30,077,347 30,077,347
F1 - COMMERCIAL REAL 8,558,807 N/A 8,558,807 8,558,807
F2 - INDUSTRIAL REAL 2,770,323 N/A 2,770,323 2,770,323
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 16,614,658 N/A 16,614,658 16,614,658
L1 - COMMERCIAL PERSONAL 9,422,464 N/A 9,422,464 9,422,464
L2 - INDUSTRIAL PERSONAL 2,579,612 N/A 2,579,612 2,579,612
M1 - MOBILE HOMES 2,235,095 N/A 2,235,095 2,235,095
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,614,820 N/A 1,614,820 1,614,820
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 406,317,982 406,317,982 406,317,982
Less Total Deductions 140,095,084 140,095,084 140,095,084
Total Taxable Value 266,222,898 266,222,898 266,222,898

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

Measure Value Description
T1 312,122,401 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 266,222,898 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 312,122,401 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 266,222,898 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 324,737,401 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 333,147,401 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 295,771,146 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 312,122,401 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 266,222,898 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 312,122,401 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 266,222,898 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 324,737,401 T13 plus the loss to the chapter 313 agreement
T16 333,147,401 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 295,771,146 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 45,899,503 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 12,615,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 8,410,000 Loss to Second Previous Homestead Increase