taxes Property Tax Assistance

2016 ISD Summary Worksheet

194/Red River

194-902/Avery ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 14,802,900 .9177 16,130,435 14,802,900
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 576,241 N/A 576,241 576,241
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,580,700 1.0400 9,212,141 9,580,700
D2. Real Prop Farm & Ranch 1,819,861 N/A 1,819,861 1,819,861
E. Real Prop NonQual Acres 28,701,137 .9738 29,473,338 28,701,137
F1. Commercial Real 1,333,243 N/A 1,333,243 1,333,243
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 38,356 N/A 38,356 38,356
J. Utilities 3,722,477 1.1348 3,280,293 3,722,477
L1. Commercial Personal 456,844 N/A 456,844 456,844
L2. Industrial Personal 373,747 N/A 373,747 373,747
M. Other Personal 1,869,834 N/A 1,869,834 1,869,834
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 63,275,340 64,564,333 63,275,340
Less Total Deductions 16,566,929   17,800,314 16,566,929
Total Taxable Value 46,708,411 46,764,019 46,708,411 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
50,399,679 46,708,411 50,399,679 46,708,411


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,691,268 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
50,399,679 46,708,411 50,399,679 46,708,411

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