taxes Property Tax Assistance

2016 ISD Summary Worksheet

194/Red River

194-905/Detroit ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 19,897,941 .9198 21,632,900 19,897,941
B. Multi-Family Residences 383,017 N/A 383,017 383,017
C1. Vacant Lots 1,165,272 N/A 1,165,272 1,165,272
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,657,574 1.0206 12,401,634 12,657,574
D2. Real Prop Farm & Ranch 3,777,956 1.0420 3,625,678 3,777,956
E. Real Prop NonQual Acres 35,361,205 1.0162 34,797,486 35,361,205
F1. Commercial Real 1,009,347 N/A 1,009,347 1,009,347
F2. Industrial Real 153,828 N/A 153,828 153,828
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 3,825,568 N/A 3,825,568 3,825,568
L1. Commercial Personal 1,101,397 N/A 1,101,397 1,101,397
L2. Industrial Personal 1,452,989 N/A 1,452,989 1,452,989
M. Other Personal 1,226,983 N/A 1,226,983 1,226,983
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 2,120 N/A 2,120 2,120
Subtotal 82,015,197 82,778,219 82,015,197
Less Total Deductions 20,012,256   21,551,013 20,012,256
Total Taxable Value 62,002,941 61,227,206 62,002,941 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
66,538,467 62,002,941 66,538,467 62,002,941


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,535,526 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
66,538,467 62,002,941 66,538,467 62,002,941

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