taxes Property Tax Assistance

2018 ISD Summary Worksheet

194/Red River

194-904/Clarksville ISD

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


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 77,589,048 .9064 85,601,333 77,589,048
B. Multi-Family Residences 1,559,711 N/A 1,559,711 1,559,711
C1. Vacant Lots 3,537,885 N/A 3,537,885 3,537,885
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 35,403,020 1.0371 34,137,660 35,403,020
D2. Real Prop Farm & Ranch 3,899,262 N/A 3,899,262 3,899,262
E. Real Prop NonQual Acres 62,924,018 .9717 64,756,631 62,924,018
F1. Commercial Real 16,754,234 .8583 19,520,254 16,754,234
F2. Industrial Real 7,501,982 N/A 7,501,982 7,501,982
G. Oil, Gas, Minerals 4,640,932 N/A 4,640,932 4,640,932
J. Utilities 11,292,431 N/A 11,292,431 11,292,431
L1. Commercial Personal 6,581,805 N/A 6,581,805 6,581,805
L2. Industrial Personal 42,113,591 N/A 42,113,591 42,113,591
M. Other Personal 2,272,719 N/A 2,272,719 2,272,719
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 292,342 N/A 292,342 292,342
S. Special Inventory 829,100 N/A 829,100 829,100
Subtotal 277,192,080 288,537,638 277,192,080
Less Total Deductions 63,721,561   68,804,398 63,721,561
Total Taxable Value 213,470,519 219,733,240 213,470,519 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
225,487,819 213,470,519 225,487,819 213,470,519


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,017,300 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
225,487,819 213,470,519 225,487,819 213,470,519

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.