taxes Property Tax Assistance

2018 ISD Summary Worksheet

188/Potter

188-904/Bushland ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 501,283,366 .9658 519,034,340 501,283,366
B. Multi-Family Residences 8,281,133 N/A 8,281,133 8,281,133
C1. Vacant Lots 32,669,028 N/A 32,669,028 32,669,028
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,183,726 1.1009 11,067,467 12,183,726
D2. Real Prop Farm & Ranch 885,082 N/A 885,082 885,082
E. Real Prop NonQual Acres 10,002,347 N/A 10,002,347 10,002,347
F1. Commercial Real 300,035,030 .8745 343,093,230 300,035,030
F2. Industrial Real 5,055,750 N/A 5,055,750 5,055,750
G. Oil, Gas, Minerals 33,498,840 N/A 33,498,840 33,498,840
J. Utilities 112,638,430 .9534 118,143,937 112,638,430
L1. Commercial Personal 439,589,239 1.0006 439,325,644 439,589,239
L2. Industrial Personal 20,643,832 N/A 20,643,832 20,643,832
M. Other Personal 1,909,927 N/A 1,909,927 1,909,927
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,260,345 N/A 1,260,345 1,260,345
S. Special Inventory 8,770,421 N/A 8,770,421 8,770,421
Subtotal 1,488,706,496 1,553,641,323 1,488,706,496
Less Total Deductions 187,268,942   191,373,376 187,268,942
Total Taxable Value 1,301,437,554 1,362,267,947 1,301,437,554 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
1,315,658,663 1,301,437,554 1,315,658,663 1,301,437,554


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,221,109 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
1,315,658,663 1,301,437,554 1,315,658,663 1,301,437,554

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