taxes Property Tax Assistance

2019 ISD Summary Worksheet

194-Red River

194-902/Avery ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 15,793,042 N/A 15,793,042 15,793,042
C1. VACANT LOTS 706,589 N/A 706,589 706,589
D1. QUALIFIED AG LAND 11,183,106 N/A 11,183,106 11,183,106
D2. REAL PROP:FARM & RANCH 2,553,857 N/A 2,553,857 2,553,857
E. REAL PROP NONQUAL ACREAGE 32,039,655 N/A 32,039,655 32,039,655
F1. COMMERCIAL REAL 1,517,493 N/A 1,517,493 1,517,493
G. OIL,GAS,MINERALS 9,367 N/A 9,367 9,367
J. UTILITIES 4,372,138 N/A 4,372,138 4,372,138
L1. COMMERCIAL PERSONAL 402,650 N/A 402,650 402,650
L2. INDUSTRIAL PERSONAL 524,515 N/A 524,515 524,515
M. MOBILE HOMES 1,794,130 N/A 1,794,130 1,794,130
Subtotal 70,896,542 0 70,896,542 70,896,542
Less Total Deductions 18,212,622 0 18,212,622 18,212,622
Total Taxable Value 52,683,920 0 52,683,920 52,683,920

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
56,538,340 52,683,920 56,538,340 52,683,920


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,854,420 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
56,538,340 52,683,920 56,538,340 52,683,920

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

194-902-02/Avery ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 15,793,042 N/A 15,793,042 15,793,042
C1. VACANT LOTS 706,589 N/A 706,589 706,589
D1. QUALIFIED AG LAND 11,183,106 N/A 11,183,106 11,183,106
D2. REAL PROP:FARM & RANCH 2,553,857 N/A 2,553,857 2,553,857
E. REAL PROP NONQUAL ACREAGE 32,039,655 N/A 32,039,655 32,039,655
F1. COMMERCIAL REAL 1,517,493 N/A 1,517,493 1,517,493
G. OIL,GAS,MINERALS 9,367 N/A 9,367 9,367
J. UTILITIES 4,372,138 N/A 4,372,138 4,372,138
L1. COMMERCIAL PERSONAL 402,650 N/A 402,650 402,650
L2. INDUSTRIAL PERSONAL 524,515 N/A 524,515 524,515
M. MOBILE HOMES 1,794,130 N/A 1,794,130 1,794,130
Subtotal 70,896,542 70,896,542 70,896,542
Less Total Deductions 18,212,622 18,212,622 18,212,622
Total Taxable Value 52,683,920 52,683,920 52,683,920

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
56,538,340 52,683,920 56,538,340 52,683,920


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,854,420 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
56,538,340 52,683,920 56,538,340 52,683,920

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