taxes Property Tax Assistance

2017 ISD Summary Worksheet

019/Bowie

019-909/Simms ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 33,489,822 N/A 33,489,822 33,489,822
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,009,422 N/A 1,009,422 1,009,422
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,895,143 N/A 7,895,143 7,895,143
D2. Real Prop Farm & Ranch 5,217,308 N/A 5,217,308 5,217,308
E. Real Prop NonQual Acres 73,088,626 N/A 73,088,626 73,088,626
F1. Commercial Real 2,060,814 N/A 2,060,814 2,060,814
F2. Industrial Real 6,675 N/A 6,675 6,675
G. Oil, Gas, Minerals 303,453 N/A 303,453 303,453
J. Utilities 12,825,506 N/A 12,825,506 12,825,506
L1. Commercial Personal 215,878 N/A 215,878 215,878
L2. Industrial Personal 311,587 N/A 311,587 311,587
M. Other Personal 4,134,930 N/A 4,134,930 4,134,930
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 140,559,164 140,559,164 140,559,164
Less Total Deductions 32,251,803   32,251,803 32,251,803
Total Taxable Value 108,307,361 108,307,361 108,307,361 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
114,924,003 108,307,361 114,924,003 108,307,361


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,616,642 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
114,924,003 108,307,361 114,924,003 108,307,361

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