taxes Property Tax Assistance

2020 ISD Summary Worksheet

194-Red River

194-905/Detroit ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 24,430,430 0.9506 25,700,011 24,430,430
B - MULTIFAMILY 398,567 N/A 398,567 398,567
C1 - VACANT LOTS 1,622,513 N/A 1,622,513 1,622,513
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,926,205 1.1675 12,784,689 14,926,205
D2 - FARM & RANCH IMP 4,847,262 N/A 4,847,262 4,847,262
E - NON-AG LAND AND IMPROVEMENTS 45,192,691 0.9598 47,085,529 45,192,691
F1 - COMMERCIAL REAL 1,378,504 N/A 1,378,504 1,378,504
F2 - INDUSTRIAL REAL 157,603 N/A 157,603 157,603
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,676,289 1.0114 5,612,309 5,676,289
L1 - COMMERCIAL PERSONAL 1,006,939 N/A 1,006,939 1,006,939
L2 - INDUSTRIAL PERSONAL 1,818,846 N/A 1,818,846 1,818,846
M1 - MOBILE HOMES 1,219,547 N/A 1,219,547 1,219,547
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 102,675,396 0 103,632,319 102,675,396
Less Total Deductions 24,244,781 0 25,450,204 24,244,781
Total Taxable Value 78,430,615 0 78,182,115 78,430,615

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
83,319,031 78,430,615 83,319,031 78,430,615


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,888,416 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
83,319,031 78,430,615 83,319,031 78,430,615

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 24,430,430 0.9506 25,700,011 24,430,430
B - MULTIFAMILY 398,567 N/A 398,567 398,567
C1 - VACANT LOTS 1,622,513 N/A 1,622,513 1,622,513
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,926,205 1.1675 12,784,689 14,926,205
D2 - FARM & RANCH IMP 4,847,262 N/A 4,847,262 4,847,262
E - NON-AG LAND AND IMPROVEMENTS 45,192,691 0.9598 47,085,529 45,192,691
F1 - COMMERCIAL REAL 1,378,504 N/A 1,378,504 1,378,504
F2 - INDUSTRIAL REAL 157,603 N/A 157,603 157,603
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 5,676,289 1.0114 5,612,309 5,676,289
L1 - COMMERCIAL PERSONAL 1,006,939 N/A 1,006,939 1,006,939
L2 - INDUSTRIAL PERSONAL 1,818,846 N/A 1,818,846 1,818,846
M1 - MOBILE HOMES 1,219,547 N/A 1,219,547 1,219,547
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 102,675,396 103,632,319 102,675,396
Less Total Deductions 24,244,781 25,450,204 24,244,781
Total Taxable Value 78,430,615 78,182,115 78,430,615

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
83,319,031 78,430,615 83,319,031 78,430,615


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,888,416 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
83,319,031 78,430,615 83,319,031 78,430,615

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