taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

188/Potter

188-902/River Road ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 224,815,103 .9770 230,107,577 224,815,103
B. Multi-Family Residences 40,222 N/A 40,222 40,222
C1. Vacant Lots 10,902,145 N/A 10,902,145 10,902,145
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,725,275 1.1717 2,325,916 2,725,275
D2. Real Prop Farm & Ranch 18,972 N/A 18,972 18,972
E. Real Prop NonQual Acres 1,439,362 N/A 1,439,362 1,439,362
F1. Commercial Real 6,729,626 N/A 6,729,626 6,729,626
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 12,393,840 N/A 12,393,840 12,393,840
J. Utilities 32,789,812 .9872 33,214,964 32,789,812
L1. Commercial Personal 15,146,222 N/A 15,146,222 15,146,222
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 5,937,738 N/A 5,937,738 5,937,738
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 276,776 N/A 276,776 276,776
S. Special Inventory 9,870 N/A 9,870 9,870
Subtotal 313,224,963 318,543,230 313,224,963
Less Total Deductions 66,944,869   68,650,633 66,944,869
Total Taxable Value 246,280,094 249,892,597 246,280,094 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
258,962,686 246,280,094 258,962,686 246,280,094


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,682,592 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
258,962,686 246,280,094 258,962,686 246,280,094

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