taxes Property Tax Assistance

2019 ISD Summary Worksheet

194-Red River

194-903/Rivercrest ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 33,550,179 N/A 33,550,179 33,550,179
B. MULTIFAMILY RESIDENCES 918,248 N/A 918,248 918,248
C1. VACANT LOTS 1,251,905 N/A 1,251,905 1,251,905
D1. QUALIFIED AG LAND 12,424,338 N/A 12,424,338 12,424,338
D2. REAL PROP:FARM & RANCH 4,351,008 N/A 4,351,008 4,351,008
E. REAL PROP NONQUAL ACREAGE 43,622,660 N/A 43,622,660 43,622,660
F1. COMMERCIAL REAL 2,874,110 N/A 2,874,110 2,874,110
F2. INDUSTRIAL REAL 705,260 N/A 705,260 705,260
G. OIL,GAS,MINERALS 1,640,530 N/A 1,640,530 1,640,530
J. UTILITIES 14,275,992 N/A 14,275,992 14,275,992
L1. COMMERCIAL PERSONAL 1,754,376 N/A 1,754,376 1,754,376
L2. INDUSTRIAL PERSONAL 62,332,052 N/A 62,332,052 62,332,052
M. MOBILE HOMES 1,435,960 N/A 1,435,960 1,435,960
S. SPECIAL INVENTORY 14,375 N/A 14,375 14,375
Subtotal 181,150,993 0 181,150,993 181,150,993
Less Total Deductions 27,350,508 0 27,350,508 27,350,508
Total Taxable Value 153,800,485 0 153,800,485 153,800,485

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
160,179,036 153,800,485 160,179,036 153,800,485


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,378,551 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
160,179,036 153,800,485 160,179,036 153,800,485

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

194-903-02/Rivercrest ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 33,550,179 N/A 33,550,179 33,550,179
B. MULTIFAMILY RESIDENCES 918,248 N/A 918,248 918,248
C1. VACANT LOTS 1,251,905 N/A 1,251,905 1,251,905
D1. QUALIFIED AG LAND 12,424,338 N/A 12,424,338 12,424,338
D2. REAL PROP:FARM & RANCH 4,351,008 N/A 4,351,008 4,351,008
E. REAL PROP NONQUAL ACREAGE 43,622,660 N/A 43,622,660 43,622,660
F1. COMMERCIAL REAL 2,874,110 N/A 2,874,110 2,874,110
F2. INDUSTRIAL REAL 705,260 N/A 705,260 705,260
G. OIL,GAS,MINERALS 1,640,530 N/A 1,640,530 1,640,530
J. UTILITIES 14,275,992 N/A 14,275,992 14,275,992
L1. COMMERCIAL PERSONAL 1,754,376 N/A 1,754,376 1,754,376
L2. INDUSTRIAL PERSONAL 62,332,052 N/A 62,332,052 62,332,052
M. MOBILE HOMES 1,435,960 N/A 1,435,960 1,435,960
S. SPECIAL INVENTORY 14,375 N/A 14,375 14,375
Subtotal 181,150,993 181,150,993 181,150,993
Less Total Deductions 27,350,508 27,350,508 27,350,508
Total Taxable Value 153,800,485 153,800,485 153,800,485

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
160,179,036 153,800,485 160,179,036 153,800,485


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,378,551 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
160,179,036 153,800,485 160,179,036 153,800,485

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