taxes Property Tax Assistance

2021 ISD Summary Worksheet

080-Franklin /Franklin County

194-903/Rivercrest ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 639,720 N/A 639,720 639,720
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 50,590 N/A 50,590 50,590
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,025,599 N/A 1,025,599 1,025,599
D2 - FARM & RANCH IMP 203,320 N/A 203,320 203,320
E - NON-AG LAND AND IMPROVEMENTS 6,678,530 N/A 6,678,530 6,678,530
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 420,610 N/A 420,610 420,610
J - ALL UTILITIES 7,939,370 N/A 7,939,370 7,939,370
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 257,910 N/A 257,910 257,910
M1 - MOBILE HOMES 226,560 N/A 226,560 226,560
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 17,442,209 0 17,442,209 17,442,209
Less Total Deductions 1,753,388 0 1,753,388 1,753,388
Total Taxable Value 15,688,821 0 15,688,821 15,688,821

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
15,978,821 15,688,821 15,978,821 15,688,821


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
290,000 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
15,978,821 15,688,821 15,978,821 15,688,821

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-Red River /Red River County

194-903/Rivercrest ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 44,255,919 N/A 44,255,919 44,255,919
B - MULTIFAMILY 975,104 N/A 975,104 975,104
C1 - VACANT LOTS 1,531,782 N/A 1,531,782 1,531,782
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,474,732 N/A 13,474,732 13,474,732
D2 - FARM & RANCH IMP 4,970,076 N/A 4,970,076 4,970,076
E - NON-AG LAND AND IMPROVEMENTS 54,554,000 N/A 54,554,000 54,554,000
F1 - COMMERCIAL REAL 2,886,697 N/A 2,886,697 2,886,697
F2 - INDUSTRIAL REAL 51,133,090 N/A 51,133,090 51,133,090
G - ALL MINERALS 701,039 N/A 701,039 701,039
J - ALL UTILITIES 14,436,552 N/A 14,436,552 14,436,552
L1 - COMMERCIAL PERSONAL 2,413,920 N/A 2,413,920 2,413,920
L2 - INDUSTRIAL PERSONAL 7,331,048 N/A 7,331,048 7,331,048
M1 - MOBILE HOMES 1,449,192 N/A 1,449,192 1,449,192
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 11,595 N/A 11,595 11,595
Subtotal 200,124,746 0 200,124,746 200,124,746
Less Total Deductions 35,895,268 0 35,895,268 35,895,268
Total Taxable Value 164,229,478 0 164,229,478 164,229,478

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
170,815,349 164,229,478 170,815,349 164,229,478


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,585,871 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
170,815,349 164,229,478 170,815,349 164,229,478

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

225-Titus /Titus County

194-903/Rivercrest ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 12,950,662 1.0340 12,524,818 12,950,662
B - MULTIFAMILY 499,587 N/A 499,587 499,587
C1 - VACANT LOTS 336,524 N/A 336,524 336,524
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,135,392 1.0141 3,091,916 3,135,392
D2 - FARM & RANCH IMP 1,556,395 N/A 1,556,395 1,556,395
E - NON-AG LAND AND IMPROVEMENTS 31,163,206 1.0676 29,189,964 31,163,206
F1 - COMMERCIAL REAL 4,651,673 0.9659 4,815,895 4,651,673
F2 - INDUSTRIAL REAL 911,788 N/A 911,788 911,788
G - ALL MINERALS 10,059,230 1.0235 9,828,266 10,059,230
J - ALL UTILITIES 10,797,107 1.0405 10,376,845 10,797,107
L1 - COMMERCIAL PERSONAL 2,988,769 N/A 2,988,769 2,988,769
L2 - INDUSTRIAL PERSONAL 3,300,061 N/A 3,300,061 3,300,061
M1 - MOBILE HOMES 2,201,979 N/A 2,201,979 2,201,979
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 19,340 N/A 19,340 19,340
Subtotal 84,571,713 0 81,642,147 84,571,713
Less Total Deductions 15,327,787 0 14,874,132 15,327,787
Total Taxable Value 69,243,926 0 66,768,015 69,243,926

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
71,365,079 69,243,926 71,365,079 69,243,926


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,121,153 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
71,365,079 69,243,926 71,365,079 69,243,926

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 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 57,846,301 1.0074 57,420,457 57,846,301
B - MULTIFAMILY 1,474,691 N/A 1,474,691 1,474,691
C1 - VACANT LOTS 1,918,896 N/A 1,918,896 1,918,896
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 17,635,723 1.0025 17,592,247 17,635,723
D2 - FARM & RANCH IMP 6,729,791 N/A 6,729,791 6,729,791
E - NON-AG LAND AND IMPROVEMENTS 92,395,736 1.0218 90,422,494 92,395,736
F1 - COMMERCIAL REAL 7,538,370 0.9787 7,702,592 7,538,370
F2 - INDUSTRIAL REAL 52,044,878 N/A 52,044,878 52,044,878
G - ALL MINERALS 11,180,879 1.0211 10,949,915 11,180,879
J - ALL UTILITIES 33,173,029 1.0128 32,752,767 33,173,029
L1 - COMMERCIAL PERSONAL 5,402,689 N/A 5,402,689 5,402,689
L2 - INDUSTRIAL PERSONAL 10,889,019 N/A 10,889,019 10,889,019
M1 - MOBILE HOMES 3,877,731 N/A 3,877,731 3,877,731
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 30,935 N/A 30,935 30,935
Subtotal 302,138,668 299,209,102 302,138,668
Less Total Deductions 52,976,443 52,522,788 52,976,443
Total Taxable Value 249,162,225 246,686,314 249,162,225

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
258,159,249 249,162,225 258,159,249 249,162,225


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
8,997,024 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
258,159,249 249,162,225 258,159,249 249,162,225

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