taxes Property Tax Assistance

2022 ISD Summary Worksheet

073-Falls/Falls County

161-912/Riesel ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 1,919,440 N/A 1,919,440 1,919,440
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 0 N/A 0 0
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 609,420 N/A 609,420 609,420
D2 - FARM & RANCH IMP 434,750 N/A 434,750 434,750
E - NON-AG LAND AND IMPROVEMENTS 14,423,820 N/A 14,423,820 14,423,820
F1 - COMMERCIAL REAL 664,920 N/A 664,920 664,920
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 4,473,010 N/A 4,473,010 4,473,010
L1 - COMMERCIAL PERSONAL 21,017,840 N/A 21,017,840 21,017,840
L2 - INDUSTRIAL PERSONAL 0 N/A 0 0
M1 - MOBILE HOMES 246,670 N/A 246,670 246,670
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 43,789,870 0 43,789,870 43,789,870
Less Total Deductions 2,917,131 0 2,917,131 2,917,131
Total Taxable Value 40,872,739 0 40,872,739 40,872,739

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 T13
41,327,930 40,872,739 41,017,774 40,562,583 41,717,930


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
455,191 310,156 390,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
41,327,930 40,872,739 41,017,774 40,562,583 41,717,930

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

161-McLennan/McLennan County

161-912/Riesel ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 106,883,729 1.0961 97,512,753 106,883,729
B - MULTIFAMILY 2,387,989 N/A 2,387,989 2,387,989
C1 - VACANT LOTS 3,169,483 N/A 3,169,483 3,169,483
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,143,990 1.1397 2,758,567 3,143,990
D2 - FARM & RANCH IMP 3,388,176 N/A 3,388,176 3,388,176
E - NON-AG LAND AND IMPROVEMENTS 68,136,716 1.0552 64,572,324 68,136,716
F1 - COMMERCIAL REAL 9,988,749 N/A 9,988,749 9,988,749
F2 - INDUSTRIAL REAL 271,477,596 N/A 271,477,596 271,477,596
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 55,881,062 0.9492 58,871,747 55,881,062
L1 - COMMERCIAL PERSONAL 11,285,630 1.0459 10,790,353 11,285,630
L2 - INDUSTRIAL PERSONAL 18,722,560 N/A 18,722,560 18,722,560
M1 - MOBILE HOMES 3,149,707 N/A 3,149,707 3,149,707
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 78,250 N/A 78,250 78,250
Subtotal 557,693,637 0 546,868,254 557,693,637
Less Total Deductions 136,141,380 0 130,506,516 136,141,380
Total Taxable Value 421,552,257 0 416,361,738 421,552,257

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 T13
428,669,545 421,552,257 422,953,999 415,836,711 434,049,545


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
7,117,288 5,715,546 5,380,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
428,669,545 421,552,257 422,953,999 415,836,711 434,049,545

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE

161-912-02/Riesel ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 108,803,169 1.0942 99,432,193 108,803,169
B - MULTIFAMILY 2,387,989 N/A 2,387,989 2,387,989
C1 - VACANT LOTS 3,169,483 N/A 3,169,483 3,169,483
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,753,410 1.1144 3,367,987 3,753,410
D2 - FARM & RANCH IMP 3,822,926 N/A 3,822,926 3,822,926
E - NON-AG LAND AND IMPROVEMENTS 82,560,536 1.0451 78,996,144 82,560,536
F1 - COMMERCIAL REAL 10,653,669 N/A 10,653,669 10,653,669
F2 - INDUSTRIAL REAL 271,477,596 N/A 271,477,596 271,477,596
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 60,354,072 0.9528 63,344,757 60,354,072
L1 - COMMERCIAL PERSONAL 32,303,470 1.0156 31,808,193 32,303,470
L2 - INDUSTRIAL PERSONAL 18,722,560 N/A 18,722,560 18,722,560
M1 - MOBILE HOMES 3,396,377 N/A 3,396,377 3,396,377
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 78,250 N/A 78,250 78,250
Subtotal 601,483,507 590,658,124 601,483,507
Less Total Deductions 139,058,511 133,423,647 139,058,511
Total Taxable Value 462,424,996 457,234,477 462,424,996

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 T13
469,997,475 462,424,996 463,971,773 456,399,294 475,767,475


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
7,572,479 6,025,702 5,770,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
469,997,475 462,424,996 463,971,773 456,399,294 475,767,475

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement