taxes Property Tax Assistance

2022 ISD Summary Worksheet

194-Red River /Red River County

194-905/Detroit ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	44,057,884	1.0532	41,832,400	44,057,884
B - MULTIFAMILY	469,349	N/A	469,349	469,349
C1 - VACANT LOTS	2,522,869	N/A	2,522,869	2,522,869
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	15,455,164	1.1841	13,051,715	15,455,164
D2 - FARM & RANCH IMP	6,854,802	N/A	6,854,802	6,854,802
E - NON-AG LAND AND IMPROVEMENTS	74,521,107	1.0219	72,924,070	74,521,107
F1 - COMMERCIAL REAL	1,574,813	N/A	1,574,813	1,574,813
F2 - INDUSTRIAL REAL	2,197,274	N/A	2,197,274	2,197,274
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	5,939,295	N/A	5,939,295	5,939,295
L1 - COMMERCIAL PERSONAL	1,125,903	N/A	1,125,903	1,125,903
L2 - INDUSTRIAL PERSONAL	1,943,792	N/A	1,943,792	1,943,792
M1 - MOBILE HOMES	1,752,771	N/A	1,752,771	1,752,771
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	158,415,023	0	152,189,053	158,415,023
Less Total Deductions	56,838,206	0	54,142,991	56,838,206
Total Taxable Value	101,576,817	0	98,046,062	101,576,817

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
107,904,051	101,576,817	107,904,051	101,576,817	114,064,051

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
6,327,234	0	6,160,000

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
107,904,051	101,576,817	107,904,051	101,576,817	114,064,051

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

194-905-02/Detroit ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	44,057,884	1.0532	41,832,400	44,057,884
B - MULTIFAMILY	469,349	N/A	469,349	469,349
C1 - VACANT LOTS	2,522,869	N/A	2,522,869	2,522,869
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	15,455,164	1.1841	13,051,715	15,455,164
D2 - FARM & RANCH IMP	6,854,802	N/A	6,854,802	6,854,802
E - NON-AG LAND AND IMPROVEMENTS	74,521,107	1.0219	72,924,070	74,521,107
F1 - COMMERCIAL REAL	1,574,813	N/A	1,574,813	1,574,813
F2 - INDUSTRIAL REAL	2,197,274	N/A	2,197,274	2,197,274
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	5,939,295	N/A	5,939,295	5,939,295
L1 - COMMERCIAL PERSONAL	1,125,903	N/A	1,125,903	1,125,903
L2 - INDUSTRIAL PERSONAL	1,943,792	N/A	1,943,792	1,943,792
M1 - MOBILE HOMES	1,752,771	N/A	1,752,771	1,752,771
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	158,415,023		152,189,053	158,415,023
Less Total Deductions	56,838,206		54,142,991	56,838,206
Total Taxable Value	101,576,817		98,046,062	101,576,817

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
107,904,051	101,576,817	107,904,051	101,576,817	114,064,051

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
6,327,234	0	6,160,000

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
107,904,051	101,576,817	107,904,051	101,576,817	114,064,051

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