taxes Property Tax Assistance

2019 ISD Summary Worksheet

225-Titus

194-903/Rivercrest ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 11,454,483 0.9837 11,644,285 11,454,483
B. MULTIFAMILY RESIDENCES 386,308 N/A 386,308 386,308
C1. VACANT LOTS 276,519 N/A 276,519 276,519
D1. QUALIFIED AG LAND 4,486,198 0.9125 4,916,382 4,486,198
D2. REAL PROP:FARM & RANCH 1,411,135 N/A 1,411,135 1,411,135
E. REAL PROP NONQUAL ACREAGE 27,733,024 1.0133 27,369,016 27,733,024
F1. COMMERCIAL REAL 4,359,968 N/A 4,359,968 4,359,968
F2. INDUSTRIAL REAL 658,334 N/A 658,334 658,334
G. OIL,GAS,MINERALS 29,006,427 1.0214 28,398,695 29,006,427
J. UTILITIES 12,409,399 0.9752 12,724,978 12,409,399
L1. COMMERCIAL PERSONAL 1,269,301 N/A 1,269,301 1,269,301
L2. INDUSTRIAL PERSONAL 4,924,508 N/A 4,924,508 4,924,508
M. MOBILE HOMES 2,022,886 N/A 2,022,886 2,022,886
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 100,398,490 0 100,362,315 100,398,490
Less Total Deductions 14,115,010 0 14,325,087 14,115,010
Total Taxable Value 86,283,480 0 86,037,228 86,283,480

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
88,352,895 86,283,480 88,352,895 86,283,480


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,069,415 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
88,352,895 86,283,480 88,352,895 86,283,480

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 11,454,483 0.9837 11,644,285 11,454,483
B. MULTIFAMILY RESIDENCES 386,308 N/A 386,308 386,308
C1. VACANT LOTS 276,519 N/A 276,519 276,519
D1. QUALIFIED AG LAND 4,486,198 0.9125 4,916,382 4,486,198
D2. REAL PROP:FARM & RANCH 1,411,135 N/A 1,411,135 1,411,135
E. REAL PROP NONQUAL ACREAGE 27,733,024 1.0133 27,369,016 27,733,024
F1. COMMERCIAL REAL 4,359,968 N/A 4,359,968 4,359,968
F2. INDUSTRIAL REAL 658,334 N/A 658,334 658,334
G. OIL,GAS,MINERALS 29,006,427 1.0214 28,398,695 29,006,427
J. UTILITIES 12,409,399 0.9752 12,724,978 12,409,399
L1. COMMERCIAL PERSONAL 1,269,301 N/A 1,269,301 1,269,301
L2. INDUSTRIAL PERSONAL 4,924,508 N/A 4,924,508 4,924,508
M. MOBILE HOMES 2,022,886 N/A 2,022,886 2,022,886
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 100,398,490 100,362,315 100,398,490
Less Total Deductions 14,115,010 14,325,087 14,115,010
Total Taxable Value 86,283,480 86,037,228 86,283,480

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
88,352,895 86,283,480 88,352,895 86,283,480


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,069,415 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
88,352,895 86,283,480 88,352,895 86,283,480

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