taxes Property Tax Assistance

2023 ISD Summary Worksheet

185-Parmer/Parmer County

185-901/Bovina ISD

Category	Local Tax Roll Value	2023 WTD Mean Ratio	2023 PTAD Value Estimate	2023 Value Assigned
A - SINGLE-FAMILY	48,110,659	N/A	48,110,659	48,110,659
B - MULTIFAMILY	582,255	N/A	582,255	582,255
C1 - VACANT LOTS	310,806	N/A	310,806	310,806
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	24,733,424	N/A	24,733,424	24,733,424
D2 - FARM & RANCH IMP	3,742,113	N/A	3,742,113	3,742,113
E - NON-AG LAND AND IMPROVEMENTS	22,267,465	N/A	22,267,465	22,267,465
F1 - COMMERCIAL REAL	5,656,130	N/A	5,656,130	5,656,130
F2 - INDUSTRIAL REAL	22,213,682	N/A	22,213,682	22,213,682
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	53,095,481	N/A	53,095,481	53,095,481
L1 - COMMERCIAL PERSONAL	3,772,027	N/A	3,772,027	3,772,027
L2 - INDUSTRIAL PERSONAL	48,065,645	N/A	48,065,645	48,065,645
M1 - MOBILE HOMES	102,978	N/A	102,978	102,978
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	179,433	N/A	179,433	179,433
Subtotal	232,832,098	0	232,832,098	232,832,098
Less Total Deductions	59,421,669	0	59,421,669	59,421,669
Total Taxable Value	173,410,429	0	173,410,429	173,410,429

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	182,894,271	School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2	173,410,429	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	182,894,271	T1 minus 50% of the loss to the local optional percentage homestead exemption
T4	173,410,429	T2 minus 50% of the loss to the local optional percentage homestead exemption
T13	188,969,271	T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15	193,019,271	T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17	174,758,008	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	203,212,383	School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8	193,728,541	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	203,212,383	T7 minus 50% of the loss to the local optional percentage homestead exemption
T10	193,728,541	T8 minus 50% of the loss to the local optional percentage homestead exemption
T14	209,287,383	T13 plus the loss to the chapter 313 agreement
T16	213,337,383	T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18	195,076,120	T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure	Value	Description
LOSS_INCR_HMSTD	9,483,842	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	6,075,000	Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD	4,050,000	Loss to Second Previous Homestead Increase

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

185-901-02/Bovina ISD

Category	Local Tax Roll Value	2023 WTD Mean Ratio	2023 PTAD Value Estimate	2023 Value Assigned
A - SINGLE-FAMILY	48,110,659	N/A	48,110,659	48,110,659
B - MULTIFAMILY	582,255	N/A	582,255	582,255
C1 - VACANT LOTS	310,806	N/A	310,806	310,806
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	24,733,424	N/A	24,733,424	24,733,424
D2 - FARM & RANCH IMP	3,742,113	N/A	3,742,113	3,742,113
E - NON-AG LAND AND IMPROVEMENTS	22,267,465	N/A	22,267,465	22,267,465
F1 - COMMERCIAL REAL	5,656,130	N/A	5,656,130	5,656,130
F2 - INDUSTRIAL REAL	22,213,682	N/A	22,213,682	22,213,682
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	53,095,481	N/A	53,095,481	53,095,481
L1 - COMMERCIAL PERSONAL	3,772,027	N/A	3,772,027	3,772,027
L2 - INDUSTRIAL PERSONAL	48,065,645	N/A	48,065,645	48,065,645
M1 - MOBILE HOMES	102,978	N/A	102,978	102,978
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	179,433	N/A	179,433	179,433
Subtotal	232,832,098		232,832,098	232,832,098
Less Total Deductions	59,421,669		59,421,669	59,421,669
Total Taxable Value	173,410,429		173,410,429	173,410,429

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	182,894,271	School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2	173,410,429	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	182,894,271	T1 minus 50% of the loss to the local optional percentage homestead exemption
T4	173,410,429	T2 minus 50% of the loss to the local optional percentage homestead exemption
T13	188,969,271	T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15	193,019,271	T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17	174,758,008	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	203,212,383	School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8	193,728,541	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	203,212,383	T7 minus 50% of the loss to the local optional percentage homestead exemption
T10	193,728,541	T8 minus 50% of the loss to the local optional percentage homestead exemption
T14	209,287,383	T13 plus the loss to the chapter 313 agreement
T16	213,337,383	T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18	195,076,120	T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure	Value	Description
LOSS_INCR_HMSTD	9,483,842	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	6,075,000	Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD	4,050,000	Loss to Second Previous Homestead Increase