taxes Property Tax Assistance

2018 ISD Summary Worksheet

185/Parmer

185-901/Bovina ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 26,268,044 .8773 29,941,917 26,268,044
B. Multi-Family Residences 142,019 N/A 142,019 142,019
C1. Vacant Lots 437,747 N/A 437,747 437,747
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 17,725,345 1.4477 12,244,115 17,725,345
D2. Real Prop Farm & Ranch 2,278,264 N/A 2,278,264 2,278,264
E. Real Prop NonQual Acres 14,612,946 .9339 15,647,228 14,612,946
F1. Commercial Real 4,477,069 N/A 4,477,069 4,477,069
F2. Industrial Real 14,630,655 N/A 14,630,655 14,630,655
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 23,464,316 .9539 24,598,298 23,464,316
L1. Commercial Personal 5,668,767 1.0124 5,599,335 5,668,767
L2. Industrial Personal 28,263,023 N/A 28,263,023 28,263,023
M. Other Personal 117,191 N/A 117,191 117,191
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 84,003 N/A 84,003 84,003
Subtotal 138,169,389 138,460,864 138,169,389
Less Total Deductions 28,669,858   30,098,412 28,669,858
Total Taxable Value 109,499,531 108,362,452 109,499,531 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
112,636,463 109,499,531 112,636,463 109,499,531


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,136,932 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
126,672,674 123,535,742 126,672,674 123,535,742

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