taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

194/Red River

194-902/Avery ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 15,229,152 N/A 15,229,152 15,229,152
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 553,773 N/A 553,773 553,773
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,135,105 N/A 10,135,105 10,135,105
D2. Real Prop Farm & Ranch 1,837,546 N/A 1,837,546 1,837,546
E. Real Prop NonQual Acres 27,703,306 N/A 27,703,306 27,703,306
F1. Commercial Real 774,422 N/A 774,422 774,422
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 210,209 N/A 210,209 210,209
J. Utilities 3,918,187 N/A 3,918,187 3,918,187
L1. Commercial Personal 116,197 N/A 116,197 116,197
L2. Industrial Personal 422,782 N/A 422,782 422,782
M. Other Personal 1,974,763 N/A 1,974,763 1,974,763
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 62,875,442 62,875,442 62,875,442
Less Total Deductions 16,288,149   16,288,149 16,288,149
Total Taxable Value 46,587,293 46,587,293 46,587,293 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
50,160,657 46,587,293 50,160,657 46,587,293


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,573,364 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
50,160,657 46,587,293 50,160,657 46,587,293

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