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