taxes Property Tax Assistance

2017 ISD Summary Worksheet

080/Franklin

194-903/Rivercrest ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 533,370 N/A 533,370 533,370
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 62,600 N/A 62,600 62,600
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 919,800 1.0517 874,579 919,800
D2. Real Prop Farm & Ranch 286,420 N/A 286,420 286,420
E. Real Prop NonQual Acres 4,720,580 .7600 6,211,289 4,720,580
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,923,440 .9984 1,926,522 1,923,440
J. Utilities 8,674,460 N/A 8,674,460 8,674,460
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 300,370 N/A 300,370 300,370
M. Other Personal 110,700 N/A 110,700 110,700
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 17,531,740 18,980,310 17,531,740
Less Total Deductions 1,861,093   1,861,093 1,861,093
Total Taxable Value 15,670,647 17,119,217 15,670,647 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
15,960,647 15,670,647 15,960,647 15,670,647


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
290,000 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
15,960,647 15,670,647 15,960,647 15,670,647

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 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 32,280,191 N/A 32,280,191 32,280,191
B. Multi-Family Residences 643,253 N/A 643,253 643,253
C1. Vacant Lots 988,487 N/A 988,487 988,487
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,429,312 N/A 11,429,312 11,429,312
D2. Real Prop Farm & Ranch 3,348,635 N/A 3,348,635 3,348,635
E. Real Prop NonQual Acres 38,463,338 N/A 38,463,338 38,463,338
F1. Commercial Real 2,701,455 N/A 2,701,455 2,701,455
F2. Industrial Real 673,605 N/A 673,605 673,605
G. Oil, Gas, Minerals 1,484,759 N/A 1,484,759 1,484,759
J. Utilities 10,264,996 N/A 10,264,996 10,264,996
L1. Commercial Personal 1,305,074 N/A 1,305,074 1,305,074
L2. Industrial Personal 40,740,548 N/A 40,740,548 40,740,548
M. Other Personal 1,415,692 N/A 1,415,692 1,415,692
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 145,739,345 145,739,345 145,739,345
Less Total Deductions 26,615,472   26,615,472 26,615,472
Total Taxable Value 119,123,873 119,123,873 119,123,873 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
125,385,688 119,123,873 125,385,688 119,123,873


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,261,815 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
125,385,688 119,123,873 125,385,688 119,123,873

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

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 12,946,537 .8217 15,755,795 12,946,537
B. Multi-Family Residences 342,032 N/A 342,032 342,032
C1. Vacant Lots 181,667 N/A 181,667 181,667
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,962,317 .9979 2,968,696 2,962,317
D2. Real Prop Farm & Ranch 1,185,787 N/A 1,185,787 1,185,787
E. Real Prop NonQual Acres 15,576,994 .8667 17,972,763 15,576,994
F1. Commercial Real 2,353,523 N/A 2,353,523 2,353,523
F2. Industrial Real 454,326 N/A 454,326 454,326
G. Oil, Gas, Minerals 8,792,040 1.0077 8,724,859 8,792,040
J. Utilities 11,643,358 .9592 12,138,613 11,643,358
L1. Commercial Personal 1,366,918 N/A 1,366,918 1,366,918
L2. Industrial Personal 4,390,840 N/A 4,390,840 4,390,840
M. Other Personal 1,901,348 N/A 1,901,348 1,901,348
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 64,097,687 69,737,167 64,097,687
Less Total Deductions 11,224,078   13,269,529 11,224,078
Total Taxable Value 52,873,609 56,467,638 52,873,609 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
54,896,565 52,873,609 54,896,565 52,873,609


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,022,956 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
54,896,565 52,873,609 54,896,565 52,873,609

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 invalid, but local value was certified because your school district is in year one of the grace period.

194-903/Rivercrest ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 45,760,098 .9422 48,569,356 45,760,098
B. Multi-Family Residences 985,285 N/A 985,285 985,285
C1. Vacant Lots 1,232,754 N/A 1,232,754 1,232,754
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,311,429 1.0025 15,272,587 15,311,429
D2. Real Prop Farm & Ranch 4,820,842 N/A 4,820,842 4,820,842
E. Real Prop NonQual Acres 58,760,912 .9380 62,647,390 58,760,912
F1. Commercial Real 5,054,978 N/A 5,054,978 5,054,978
F2. Industrial Real 1,127,931 N/A 1,127,931 1,127,931
G. Oil, Gas, Minerals 12,200,239 1.0053 12,136,140 12,200,239
J. Utilities 30,582,814 .9841 31,078,069 30,582,814
L1. Commercial Personal 2,671,992 N/A 2,671,992 2,671,992
L2. Industrial Personal 45,431,758 N/A 45,431,758 45,431,758
M. Other Personal 3,427,740 N/A 3,427,740 3,427,740
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 227,368,772 234,456,822 227,368,772
Less Total Deductions 39,700,643   41,746,094 39,700,643
Total Taxable Value 187,668,129 192,710,728 187,668,129 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

194-903/Rivercrest ISD

Final Values Worksheet

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
196,242,900 187,668,129 196,242,900 187,668,129


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,574,771 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
196,242,900 187,668,129 196,242,900 187,668,129

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