taxes Property Tax Assistance

2019 ISD Summary Worksheet

080-Franklin

194-903/Rivercrest ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 563,620 N/A 563,620 563,620
C1. VACANT LOTS 70,320 N/A 70,320 70,320
D1. QUALIFIED AG LAND 919,570 N/A 919,570 919,570
D2. REAL PROP:FARM & RANCH 180,710 N/A 180,710 180,710
E. REAL PROP NONQUAL ACREAGE 5,187,220 N/A 5,187,220 5,187,220
G. OIL,GAS,MINERALS 5,075,350 N/A 5,075,350 5,075,350
J. UTILITIES 9,055,360 N/A 9,055,360 9,055,360
L2. INDUSTRIAL PERSONAL 301,890 N/A 301,890 301,890
M. MOBILE HOMES 197,550 N/A 197,550 197,550
Subtotal 21,551,590 0 21,551,590 21,551,590
Less Total Deductions 1,552,509 0 1,552,509 1,552,509
Total Taxable Value 19,999,081 0 19,999,081 19,999,081

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
20,289,081 19,999,081 20,289,081 19,999,081


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
20,289,081 19,999,081 20,289,081 19,999,081

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 33,550,179 N/A 33,550,179 33,550,179
B. MULTIFAMILY RESIDENCES 918,248 N/A 918,248 918,248
C1. VACANT LOTS 1,251,905 N/A 1,251,905 1,251,905
D1. QUALIFIED AG LAND 12,424,338 N/A 12,424,338 12,424,338
D2. REAL PROP:FARM & RANCH 4,351,008 N/A 4,351,008 4,351,008
E. REAL PROP NONQUAL ACREAGE 43,622,660 N/A 43,622,660 43,622,660
F1. COMMERCIAL REAL 2,874,110 N/A 2,874,110 2,874,110
F2. INDUSTRIAL REAL 705,260 N/A 705,260 705,260
G. OIL,GAS,MINERALS 1,640,530 N/A 1,640,530 1,640,530
J. UTILITIES 14,275,992 N/A 14,275,992 14,275,992
L1. COMMERCIAL PERSONAL 1,754,376 N/A 1,754,376 1,754,376
L2. INDUSTRIAL PERSONAL 62,332,052 N/A 62,332,052 62,332,052
M. MOBILE HOMES 1,435,960 N/A 1,435,960 1,435,960
S. SPECIAL INVENTORY 14,375 N/A 14,375 14,375
Subtotal 181,150,993 0 181,150,993 181,150,993
Less Total Deductions 27,350,508 0 27,350,508 27,350,508
Total Taxable Value 153,800,485 0 153,800,485 153,800,485

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
160,179,036 153,800,485 160,179,036 153,800,485


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,378,551 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
160,179,036 153,800,485 160,179,036 153,800,485

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

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 11,454,483 0.9837 11,644,285 11,454,483
B. MULTIFAMILY RESIDENCES 386,308 N/A 386,308 386,308
C1. VACANT LOTS 276,519 N/A 276,519 276,519
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 2,928,085 0.9159 3,601,296 2,928,085
D2. REAL PROP:FARM & RANCH 1,406,688 N/A 1,406,688 1,406,688
E. REAL PROP NONQUAL ACREAGE 27,673,828 1.0133 27,310,597 27,673,828
F1. COMMERCIAL REAL 4,359,968 N/A 4,359,968 4,359,968
F2. INDUSTRIAL REAL 658,334 N/A 658,334 658,334
G. OIL,GAS,MINERALS 28,956,281 1.0214 28,349,600 28,956,281
J. UTILITIES 12,409,399 0.9752 12,724,978 12,409,399
L1. COMMERCIAL PERSONAL 1,269,301 N/A 1,269,301 1,269,301
L2. INDUSTRIAL PERSONAL 4,924,508 N/A 4,924,508 4,924,508
M. MOBILE HOMES 2,022,886 N/A 2,022,886 2,022,886
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 98,726,588 0 98,935,268 98,726,588
Less Total Deductions 14,328,829 0 14,547,725 14,328,829
Total Taxable Value 84,397,759 0 84,387,543 84,397,759

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
86,488,212 84,397,759 86,488,212 84,397,759


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,090,453 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
86,488,212 84,397,759 86,488,212 84,397,759

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

194-903-02/Rivercrest ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 45,568,282 0.9959 45,758,084 45,568,282
B. MULTIFAMILY RESIDENCES 1,304,556 N/A 1,304,556 1,304,556
C1. VACANT LOTS 1,598,744 N/A 1,598,744 1,598,744
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 16,271,993 0.9603 16,945,204 16,271,993
D2. REAL PROP:FARM & RANCH 5,938,406 N/A 5,938,406 5,938,406
E. REAL PROP NONQUAL ACREAGE 76,483,708 1.0048 76,120,477 76,483,708
F1. COMMERCIAL REAL 7,234,078 N/A 7,234,078 7,234,078
F2. INDUSTRIAL REAL 1,363,594 N/A 1,363,594 1,363,594
G. OIL,GAS,MINERALS 35,672,161 1.0173 35,065,480 35,672,161
J. UTILITIES 35,740,751 0.9912 36,056,330 35,740,751
L1. COMMERCIAL PERSONAL 3,023,677 N/A 3,023,677 3,023,677
L2. INDUSTRIAL PERSONAL 67,558,450 N/A 67,558,450 67,558,450
M. MOBILE HOMES 3,656,396 N/A 3,656,396 3,656,396
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 14,375 N/A 14,375 14,375
Subtotal 301,429,171 301,637,851 301,429,171
Less Total Deductions 43,231,846 43,450,742 43,231,846
Total Taxable Value 258,197,325 258,187,109 258,197,325

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
266,956,329 258,197,325 266,956,329 258,197,325


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
8,759,004 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
266,956,329 258,197,325 266,956,329 258,197,325

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