taxes Property Tax Assistance

2016 ISD Summary Worksheet

188/Potter

188-902/River Road ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 231,000,041 N/A 231,000,041 231,000,041
B. Multi-Family Residences 40,222 N/A 40,222 40,222
C1. Vacant Lots 10,891,776 N/A 10,891,776 10,891,776
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,764,678 N/A 2,764,678 2,764,678
D2. Real Prop Farm & Ranch 18,972 N/A 18,972 18,972
E. Real Prop NonQual Acres 1,840,923 N/A 1,840,923 1,840,923
F1. Commercial Real 6,885,072 N/A 6,885,072 6,885,072
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 5,531,120 N/A 5,531,120 5,531,120
J. Utilities 31,383,090 N/A 31,383,090 31,383,090
L1. Commercial Personal 14,658,628 N/A 14,658,628 14,658,628
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 5,484,182 N/A 5,484,182 5,484,182
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 212,708 N/A 212,708 212,708
S. Special Inventory 7,873 N/A 7,873 7,873
Subtotal 310,719,285 310,719,285 310,719,285
Less Total Deductions 67,768,197   67,768,197 67,768,197
Total Taxable Value 242,951,088 242,951,088 242,951,088 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
255,663,957 242,951,088 255,663,957 242,951,088


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,712,869 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
255,663,957 242,951,088 255,663,957 242,951,088

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