taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

080/Franklin

194-903/Rivercrest ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 526,740 N/A 526,740 526,740
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 55,290 N/A 55,290 55,290
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 948,650 1.1225 845,160 948,650
D2. Real Prop Farm & Ranch 124,960 N/A 124,960 124,960
E. Real Prop NonQual Acres 3,956,480 1.0068 3,929,758 3,956,480
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 9,599,750 1.0079 9,524,506 9,599,750
J. Utilities 10,845,580 N/A 10,845,580 10,845,580
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 92,440 N/A 92,440 92,440
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 26,149,890 25,944,434 26,149,890
Less Total Deductions 1,747,832   1,747,832 1,747,832
Total Taxable Value 24,402,058 24,196,602 24,402,058 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
24,687,828 24,402,058 24,687,828 24,402,058


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
285,770 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
24,687,828 24,402,058 24,687,828 24,402,058

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

194/Red River

194-903/Rivercrest ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 32,660,978 N/A 32,660,978 32,660,978
B. Multi-Family Residences 650,284 N/A 650,284 650,284
C1. Vacant Lots 1,016,043 N/A 1,016,043 1,016,043
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,325,751 N/A 11,325,751 11,325,751
D2. Real Prop Farm & Ranch 3,023,075 N/A 3,023,075 3,023,075
E. Real Prop NonQual Acres 38,008,514 N/A 38,008,514 38,008,514
F1. Commercial Real 2,651,434 N/A 2,651,434 2,651,434
F2. Industrial Real 315,494 N/A 315,494 315,494
G. Oil, Gas, Minerals 2,359,485 N/A 2,359,485 2,359,485
J. Utilities 9,971,113 N/A 9,971,113 9,971,113
L1. Commercial Personal 1,461,397 N/A 1,461,397 1,461,397
L2. Industrial Personal 2,504,481 N/A 2,504,481 2,504,481
M. Other Personal 1,617,094 N/A 1,617,094 1,617,094
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 107,565,143 107,565,143 107,565,143
Less Total Deductions 27,063,705   27,063,705 27,063,705
Total Taxable Value 80,501,438 80,501,438 80,501,438 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
86,736,015 80,501,438 86,736,015 80,501,438


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,234,577 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
86,736,015 80,501,438 86,736,015 80,501,438

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

225/Titus

194-903/Rivercrest ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 12,715,387 .9624 13,212,164 12,715,387
B. Multi-Family Residences 363,383 N/A 363,383 363,383
C1. Vacant Lots 200,068 N/A 200,068 200,068
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,738,623 .9515 2,878,304 2,738,623
D2. Real Prop Farm & Ranch 1,063,734 N/A 1,063,734 1,063,734
E. Real Prop NonQual Acres 15,388,673 1.0145 15,168,726 15,388,673
F1. Commercial Real 1,884,038 N/A 1,884,038 1,884,038
F2. Industrial Real 394,410 N/A 394,410 394,410
G. Oil, Gas, Minerals 35,686,360 1.0332 34,539,644 35,686,360
J. Utilities 15,188,262 .9156 16,588,316 15,188,262
L1. Commercial Personal 880,033 N/A 880,033 880,033
L2. Industrial Personal 10,992,970 N/A 10,992,970 10,992,970
M. Other Personal 1,321,095 N/A 1,321,095 1,321,095
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 98,817,036 99,486,885 98,817,036
Less Total Deductions 10,996,417   11,315,798 10,996,417
Total Taxable Value 87,820,619 88,171,087 87,820,619 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
89,769,261 87,820,619 89,769,261 87,820,619


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,948,642 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
89,769,261 87,820,619 89,769,261 87,820,619

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

194-903/Rivercrest ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 45,903,105 .9893 46,399,882 45,903,105
B. Multi-Family Residences 1,013,667 N/A 1,013,667 1,013,667
C1. Vacant Lots 1,271,401 N/A 1,271,401 1,271,401
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,013,024 .9976 15,049,215 15,013,024
D2. Real Prop Farm & Ranch 4,211,769 N/A 4,211,769 4,211,769
E. Real Prop NonQual Acres 57,353,667 1.0043 57,106,998 57,353,667
F1. Commercial Real 4,535,472 N/A 4,535,472 4,535,472
F2. Industrial Real 709,904 N/A 709,904 709,904
G. Oil, Gas, Minerals 47,645,595 1.0263 46,423,635 47,645,595
J. Utilities 36,004,955 .9626 37,405,009 36,004,955
L1. Commercial Personal 2,341,430 N/A 2,341,430 2,341,430
L2. Industrial Personal 13,497,451 N/A 13,497,451 13,497,451
M. Other Personal 3,030,629 N/A 3,030,629 3,030,629
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 232,532,069 232,996,462 232,532,069
Less Total Deductions 39,807,954   40,127,335 39,807,954
Total Taxable Value 192,724,115 192,869,127 192,724,115 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