taxes Property Tax Assistance

2020 ISD Summary Worksheet

194-Red River /Red River County

194-902/Avery ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	17,426,076	0.9835	17,718,430	17,426,076
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	703,352	N/A	703,352	703,352
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,767,202	1.1488	10,243,458	11,767,202
D2 - FARM & RANCH IMP	2,565,316	N/A	2,565,316	2,565,316
E - NON-AG LAND AND IMPROVEMENTS	35,360,565	1.0202	34,660,424	35,360,565
F1 - COMMERCIAL REAL	1,498,745	N/A	1,498,745	1,498,745
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	27,827	N/A	27,827	27,827
J - ALL UTILITIES	4,430,851	0.9052	4,894,886	4,430,851
L1 - COMMERCIAL PERSONAL	221,170	N/A	221,170	221,170
L2 - INDUSTRIAL PERSONAL	636,980	N/A	636,980	636,980
M1 - MOBILE HOMES	1,777,816	N/A	1,777,816	1,777,816
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	76,415,900	0	74,948,404	76,415,900
Less Total Deductions	19,785,891	0	20,080,621	19,785,891
Total Taxable Value	56,630,009	0	54,867,783	56,630,009

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
60,525,428	56,630,009	60,525,428	56,630,009

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,895,419	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
60,525,428	56,630,009	60,525,428	56,630,009

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	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	17,426,076	0.9835	17,718,430	17,426,076
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	703,352	N/A	703,352	703,352
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	11,767,202	1.1488	10,243,458	11,767,202
D2 - FARM & RANCH IMP	2,565,316	N/A	2,565,316	2,565,316
E - NON-AG LAND AND IMPROVEMENTS	35,360,565	1.0202	34,660,424	35,360,565
F1 - COMMERCIAL REAL	1,498,745	N/A	1,498,745	1,498,745
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	27,827	N/A	27,827	27,827
J - ALL UTILITIES	4,430,851	0.9052	4,894,886	4,430,851
L1 - COMMERCIAL PERSONAL	221,170	N/A	221,170	221,170
L2 - INDUSTRIAL PERSONAL	636,980	N/A	636,980	636,980
M1 - MOBILE HOMES	1,777,816	N/A	1,777,816	1,777,816
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	76,415,900		74,948,404	76,415,900
Less Total Deductions	19,785,891		20,080,621	19,785,891
Total Taxable Value	56,630,009		54,867,783	56,630,009

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
60,525,428	56,630,009	60,525,428	56,630,009

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,895,419	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
60,525,428	56,630,009	60,525,428	56,630,009

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