taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

194/Red River

194-904/Clarksville ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 77,568,157 .9125 85,006,199 77,568,157
B. Multi-Family Residences 1,567,632 N/A 1,567,632 1,567,632
C1. Vacant Lots 3,524,929 N/A 3,524,929 3,524,929
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 30,972,646 1.0545 29,371,603 30,972,646
D2. Real Prop Farm & Ranch 3,460,084 N/A 3,460,084 3,460,084
E. Real Prop NonQual Acres 56,977,585 .8962 63,576,863 56,977,585
F1. Commercial Real 15,682,181 .9090 17,252,124 15,682,181
F2. Industrial Real 7,413,511 N/A 7,413,511 7,413,511
G. Oil, Gas, Minerals 14,582,289 1.0654 13,687,149 14,582,289
J. Utilities 10,307,422 1.0061 10,244,928 10,307,422
L1. Commercial Personal 7,344,019 N/A 7,344,019 7,344,019
L2. Industrial Personal 38,501,182 N/A 38,501,182 38,501,182
M. Other Personal 2,385,992 N/A 2,385,992 2,385,992
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 81,287 N/A 81,287 81,287
S. Special Inventory 669,130 N/A 669,130 669,130
Subtotal 271,038,046 284,086,632 271,038,046
Less Total Deductions 57,602,119   62,526,687 57,602,119
Total Taxable Value 213,435,927 221,559,945 213,435,927 T2*

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
228,060,271 213,435,927 228,060,271 213,435,927 214,636,889 214,636,889


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,624,344 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
228,060,271 213,435,927 228,060,271 213,435,927 214,636,889 214,636,889

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 invalid, but local value was certified because your school district is in year one of the grace period.