taxes Property Tax Assistance

2019 ISD Summary Worksheet

194-Red River

194-905/Detroit ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 22,464,563 N/A 22,464,563 22,464,563
B. MULTIFAMILY RESIDENCES 398,567 N/A 398,567 398,567
C1. VACANT LOTS 1,630,121 N/A 1,630,121 1,630,121
D1. QUALIFIED AG LAND 14,365,936 N/A 14,365,936 14,365,936
D2. REAL PROP:FARM & RANCH 4,462,928 N/A 4,462,928 4,462,928
E. REAL PROP NONQUAL ACREAGE 41,244,488 N/A 41,244,488 41,244,488
F1. COMMERCIAL REAL 1,083,854 N/A 1,083,854 1,083,854
F2. INDUSTRIAL REAL 158,828 N/A 158,828 158,828
J. UTILITIES 5,808,260 N/A 5,808,260 5,808,260
L1. COMMERCIAL PERSONAL 1,159,944 N/A 1,159,944 1,159,944
L2. INDUSTRIAL PERSONAL 1,830,204 N/A 1,830,204 1,830,204
M. MOBILE HOMES 1,154,909 N/A 1,154,909 1,154,909
Subtotal 95,762,602 0 95,762,602 95,762,602
Less Total Deductions 21,678,942 0 21,678,942 21,678,942
Total Taxable Value 74,083,660 0 74,083,660 74,083,660

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
78,886,490 74,083,660 78,886,490 74,083,660


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,802,830 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
78,886,490 74,083,660 78,886,490 74,083,660

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

194-905-02/Detroit ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 22,464,563 N/A 22,464,563 22,464,563
B. MULTIFAMILY RESIDENCES 398,567 N/A 398,567 398,567
C1. VACANT LOTS 1,630,121 N/A 1,630,121 1,630,121
D1. QUALIFIED AG LAND 14,365,936 N/A 14,365,936 14,365,936
D2. REAL PROP:FARM & RANCH 4,462,928 N/A 4,462,928 4,462,928
E. REAL PROP NONQUAL ACREAGE 41,244,488 N/A 41,244,488 41,244,488
F1. COMMERCIAL REAL 1,083,854 N/A 1,083,854 1,083,854
F2. INDUSTRIAL REAL 158,828 N/A 158,828 158,828
J. UTILITIES 5,808,260 N/A 5,808,260 5,808,260
L1. COMMERCIAL PERSONAL 1,159,944 N/A 1,159,944 1,159,944
L2. INDUSTRIAL PERSONAL 1,830,204 N/A 1,830,204 1,830,204
M. MOBILE HOMES 1,154,909 N/A 1,154,909 1,154,909
Subtotal 95,762,602 95,762,602 95,762,602
Less Total Deductions 21,678,942 21,678,942 21,678,942
Total Taxable Value 74,083,660 74,083,660 74,083,660

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
78,886,490 74,083,660 78,886,490 74,083,660


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,802,830 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
78,886,490 74,083,660 78,886,490 74,083,660

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