taxes Property Tax Assistance

2016 ISD Summary Worksheet

235/Victoria

235-901/Bloomington ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 63,774,150 1.0153 62,813,109 63,774,150
B. Multi-Family Residences 1,044,760 N/A 1,044,760 1,044,760
C1. Vacant Lots 1,627,919 N/A 1,627,919 1,627,919
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,456,475 1.0607 11,743,360 12,456,475
D2. Real Prop Farm & Ranch 1,821,934 N/A 1,821,934 1,821,934
E. Real Prop NonQual Acres 19,729,768 1.0518 18,758,098 19,729,768
F1. Commercial Real 8,675,206 N/A 8,675,206 8,675,206
F2. Industrial Real 23,976,850 N/A 23,976,850 23,976,850
G. Oil, Gas, Minerals 9,173,110 1.0214 8,980,918 9,173,110
J. Utilities 42,057,130 .8361 50,301,555 42,057,130
L1. Commercial Personal 2,870,860 N/A 2,870,860 2,870,860
L2. Industrial Personal 2,875,790 N/A 2,875,790 2,875,790
M. Other Personal 1,819,410 N/A 1,819,410 1,819,410
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 191,903,362 197,309,769 191,903,362
Less Total Deductions 28,587,169   28,245,952 28,587,169
Total Taxable Value 163,316,193 169,063,817 163,316,193 T2

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
168,685,017 163,316,193 168,685,017 163,316,193


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,368,824 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
168,685,017 163,316,193 168,685,017 163,316,193

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 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

The PVS found your local value to be valid, and local value was certified