taxes Property Tax Assistance

2023 ISD Summary Worksheet

080-Franklin/Franklin County

194-903/Rivercrest ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 592,680 N/A 592,680 592,680
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 35,000 N/A 35,000 35,000
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 771,357 N/A 771,357 771,357
D2 - FARM & RANCH IMP 343,650 N/A 343,650 343,650
E - NON-AG LAND AND IMPROVEMENTS 10,116,500 N/A 10,116,500 10,116,500
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 6,518,070 N/A 6,518,070 6,518,070
J - ALL UTILITIES 6,912,130 N/A 6,912,130 6,912,130
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 245,090 N/A 245,090 245,090
M1 - MOBILE HOMES 372,220 N/A 372,220 372,220
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 25,906,697 0 25,906,697 25,906,697
Less Total Deductions 5,378,537 0 5,378,537 5,378,537
Total Taxable Value 20,528,160 0 20,528,160 20,528,160

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 22,059,360 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 20,528,160 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 22,059,360 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 20,528,160 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 22,584,360 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 22,934,360 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 20,146,184 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 22,059,360 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 20,528,160 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 22,059,360 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 20,528,160 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 22,584,360 T13 plus the loss to the chapter 313 agreement
T16 22,934,360 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 20,146,184 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,531,200 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 525,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 350,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED

194-Red River/Red River County

194-903/Rivercrest ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 71,787,973 N/A 71,787,973 71,787,973
B - MULTIFAMILY 1,123,096 N/A 1,123,096 1,123,096
C1 - VACANT LOTS 1,807,153 N/A 1,807,153 1,807,153
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,012,366 N/A 13,012,366 13,012,366
D2 - FARM & RANCH IMP 6,603,305 N/A 6,603,305 6,603,305
E - NON-AG LAND AND IMPROVEMENTS 91,967,780 N/A 91,967,780 91,967,780
F1 - COMMERCIAL REAL 4,758,212 N/A 4,758,212 4,758,212
F2 - INDUSTRIAL REAL 51,046,174 N/A 51,046,174 51,046,174
G - ALL MINERALS 1,261,447 N/A 1,261,447 1,261,447
J - ALL UTILITIES 15,148,293 N/A 15,148,293 15,148,293
L1 - COMMERCIAL PERSONAL 4,639,509 N/A 4,639,509 4,639,509
L2 - INDUSTRIAL PERSONAL 35,260,887 N/A 35,260,887 35,260,887
M1 - MOBILE HOMES 2,130,587 N/A 2,130,587 2,130,587
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 14,347 N/A 14,347 14,347
Subtotal 300,561,129 0 300,561,129 300,561,129
Less Total Deductions 98,452,679 0 98,452,679 98,452,679
Total Taxable Value 202,108,450 0 202,108,450 202,108,450

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 228,403,510 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 202,108,450 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 228,403,510 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 202,108,450 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 239,383,510 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 246,703,510 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 207,520,619 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 228,403,510 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 202,108,450 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 228,403,510 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 202,108,450 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 239,383,510 T13 plus the loss to the chapter 313 agreement
T16 246,703,510 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 207,520,619 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 26,295,060 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 10,980,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 7,320,000 Loss to Second Previous Homestead Increase

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

225-Titus/Titus County

194-903/Rivercrest ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 22,575,570 1.0916 20,681,174 22,575,570
B - MULTIFAMILY 459,663 N/A 459,663 459,663
C1 - VACANT LOTS 892,106 N/A 892,106 892,106
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,729,972 0.9570 2,852,635 2,729,972
D2 - FARM & RANCH IMP 1,471,385 N/A 1,471,385 1,471,385
E - NON-AG LAND AND IMPROVEMENTS 52,652,500 0.9513 55,347,945 52,652,500
F1 - COMMERCIAL REAL 10,313,715 0.9447 10,917,450 10,313,715
F2 - INDUSTRIAL REAL 1,285,342 N/A 1,285,342 1,285,342
G - ALL MINERALS 22,446,401 0.9870 22,742,048 22,446,401
J - ALL UTILITIES 10,131,625 1.2055 8,404,500 10,131,625
L1 - COMMERCIAL PERSONAL 2,255,873 N/A 2,255,873 2,255,873
L2 - INDUSTRIAL PERSONAL 3,205,936 N/A 3,205,936 3,205,936
M1 - MOBILE HOMES 4,487,416 N/A 4,487,416 4,487,416
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 15,127 N/A 15,127 15,127
Subtotal 134,922,631 0 135,018,600 134,922,631
Less Total Deductions 36,606,682 0 34,877,861 36,606,682
Total Taxable Value 98,315,949 0 100,140,739 98,315,949

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 107,293,492 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 98,315,949 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 107,293,492 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 98,315,949 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 111,793,492 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 114,793,492 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 98,315,949 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 107,293,492 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 98,315,949 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 107,293,492 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 98,315,949 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 111,793,492 T13 plus the loss to the chapter 313 agreement
T16 114,793,492 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 98,315,949 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 8,977,543 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 4,500,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 3,000,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

194-903-02/Rivercrest ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 94,956,223 1.0204 93,061,827 94,956,223
B - MULTIFAMILY 1,582,759 N/A 1,582,759 1,582,759
C1 - VACANT LOTS 2,734,259 N/A 2,734,259 2,734,259
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 16,513,695 0.9926 16,636,358 16,513,695
D2 - FARM & RANCH IMP 8,418,340 N/A 8,418,340 8,418,340
E - NON-AG LAND AND IMPROVEMENTS 154,736,780 0.9829 157,432,225 154,736,780
F1 - COMMERCIAL REAL 15,071,927 0.9615 15,675,662 15,071,927
F2 - INDUSTRIAL REAL 52,331,516 N/A 52,331,516 52,331,516
G - ALL MINERALS 30,225,918 0.9903 30,521,565 30,225,918
J - ALL UTILITIES 32,192,048 1.0567 30,464,923 32,192,048
L1 - COMMERCIAL PERSONAL 6,895,382 N/A 6,895,382 6,895,382
L2 - INDUSTRIAL PERSONAL 38,711,913 N/A 38,711,913 38,711,913
M1 - MOBILE HOMES 6,990,223 N/A 6,990,223 6,990,223
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 29,474 N/A 29,474 29,474
Subtotal 461,390,457 461,486,426 461,390,457
Less Total Deductions 140,437,898 138,709,077 140,437,898
Total Taxable Value 320,952,559 322,777,349 320,952,559

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 357,756,362 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 320,952,559 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 357,756,362 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 320,952,559 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 373,761,362 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 384,431,362 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 325,982,752 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 357,756,362 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 320,952,559 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 357,756,362 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 320,952,559 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 373,761,362 T13 plus the loss to the chapter 313 agreement
T16 384,431,362 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 325,982,752 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 36,803,803 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 16,005,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 10,670,000 Loss to Second Previous Homestead Increase