taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

188/Potter

188-902/River Road ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 204,984,936 N/A 204,984,936 204,984,936
B. Multi-Family Residences 149,457 N/A 149,457 149,457
C. Vacant Lots 13,935,017 N/A 13,935,017 13,935,017
D. Rural Real(Taxable) 4,806,906 N/A 4,806,906 4,806,906
F1. Commercial Real 6,094,100 N/A 6,094,100 6,094,100
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 11,389,870 N/A 11,389,870 11,389,870
J. Utilities 21,101,878 N/A 21,101,878 21,101,878
L1. Commercial Personal 13,964,283 N/A 13,964,283 13,964,283
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 11,806,831 N/A 11,806,831 11,806,831
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 279,155 N/A 279,155 279,155
S. Special Inventory 196,858 N/A 196,858 196,858
Subtotal 288,709,291 288,709,291 288,709,291
Less Total Deductions 55,426,192   55,426,192 55,426,192
Total Taxable Value 233,283,099 233,283,099 233,283,099 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 2,006,792 N/A 2,006,792
Prod Value Qualified Acres 2,800,114 N/A 2,800,114
Taxable Value 4,806,906   4,806,906

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
250,071,158 233,283,099 250,071,158 233,283,099 249,956,136 249,956,136


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
16,788,059 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
250,071,158 233,283,099 250,071,158 233,283,099 249,956,136 249,956,136

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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