taxes Property Tax Assistance

2020 ISD Summary Worksheet

080-Franklin

194-903/Rivercrest ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 628,090 N/A 628,090 628,090
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 44,980 N/A 44,980 44,980
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,019,889 N/A 1,019,889 1,019,889
D2 - FARM & RANCH IMP 193,210 N/A 193,210 193,210
E - NON-AG LAND AND IMPROVEMENTS 6,025,680 N/A 6,025,680 6,025,680
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 2,593,010 N/A 2,593,010 2,593,010
J - ALL UTILITIES 8,314,720 N/A 8,314,720 8,314,720
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 285,170 N/A 285,170 285,170
M1 - MOBILE HOMES 214,060 N/A 214,060 214,060
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 19,318,809 0 19,318,809 19,318,809
Less Total Deductions 1,613,136 0 1,613,136 1,613,136
Total Taxable Value 17,705,673 0 17,705,673 17,705,673

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
17,985,673 17,705,673 17,985,673 17,705,673


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
280,000 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
17,985,673 17,705,673 17,985,673 17,705,673

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 38,107,155 0.9047 42,121,316 38,107,155
B - MULTIFAMILY 893,417 N/A 893,417 893,417
C1 - VACANT LOTS 1,247,202 N/A 1,247,202 1,247,202
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,957,206 1.1707 11,067,457 12,957,206
D2 - FARM & RANCH IMP 4,358,949 N/A 4,358,949 4,358,949
E - NON-AG LAND AND IMPROVEMENTS 48,767,769 1.0644 45,817,145 48,767,769
F1 - COMMERCIAL REAL 2,840,861 N/A 2,840,861 2,840,861
F2 - INDUSTRIAL REAL 53,648,809 N/A 53,648,809 53,648,809
G - ALL MINERALS 1,095,533 N/A 1,095,533 1,095,533
J - ALL UTILITIES 15,600,807 0.8928 17,474,022 15,600,807
L1 - COMMERCIAL PERSONAL 2,069,312 N/A 2,069,312 2,069,312
L2 - INDUSTRIAL PERSONAL 7,214,720 N/A 7,214,720 7,214,720
M1 - MOBILE HOMES 1,528,662 N/A 1,528,662 1,528,662
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 18,450 N/A 18,450 18,450
Subtotal 190,348,852 0 191,395,855 190,348,852
Less Total Deductions 30,939,381 0 33,746,040 30,939,381
Total Taxable Value 159,409,471 0 157,649,815 159,409,471

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
165,938,392 159,409,471 165,938,392 159,409,471


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,528,921 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
165,938,392 159,409,471 165,938,392 159,409,471

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 12,060,057 N/A 12,060,057 12,060,057
B - MULTIFAMILY 499,587 N/A 499,587 499,587
C1 - VACANT LOTS 298,944 N/A 298,944 298,944
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,207,001 N/A 3,207,001 3,207,001
D2 - FARM & RANCH IMP 1,555,559 N/A 1,555,559 1,555,559
E - NON-AG LAND AND IMPROVEMENTS 29,835,678 N/A 29,835,678 29,835,678
F1 - COMMERCIAL REAL 4,586,261 N/A 4,586,261 4,586,261
F2 - INDUSTRIAL REAL 942,007 N/A 942,007 942,007
G - ALL MINERALS 16,150,803 N/A 16,150,803 16,150,803
J - ALL UTILITIES 11,580,921 N/A 11,580,921 11,580,921
L1 - COMMERCIAL PERSONAL 1,841,613 N/A 1,841,613 1,841,613
L2 - INDUSTRIAL PERSONAL 4,972,193 N/A 4,972,193 4,972,193
M1 - MOBILE HOMES 2,178,923 N/A 2,178,923 2,178,923
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 7,493 N/A 7,493 7,493
Subtotal 89,717,040 0 89,717,040 89,717,040
Less Total Deductions 14,961,513 0 14,961,513 14,961,513
Total Taxable Value 74,755,527 0 74,755,527 74,755,527

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
76,830,352 74,755,527 76,830,352 74,755,527


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,074,825 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
76,830,352 74,755,527 76,830,352 74,755,527

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 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 50,795,302 0.9268 54,809,463 50,795,302
B - MULTIFAMILY 1,393,004 N/A 1,393,004 1,393,004
C1 - VACANT LOTS 1,591,126 N/A 1,591,126 1,591,126
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 17,184,096 1.1236 15,294,347 17,184,096
D2 - FARM & RANCH IMP 6,107,718 N/A 6,107,718 6,107,718
E - NON-AG LAND AND IMPROVEMENTS 84,629,127 1.0361 81,678,503 84,629,127
F1 - COMMERCIAL REAL 7,427,122 N/A 7,427,122 7,427,122
F2 - INDUSTRIAL REAL 54,590,816 N/A 54,590,816 54,590,816
G - ALL MINERALS 19,839,346 N/A 19,839,346 19,839,346
J - ALL UTILITIES 35,496,448 0.9499 37,369,663 35,496,448
L1 - COMMERCIAL PERSONAL 3,910,925 N/A 3,910,925 3,910,925
L2 - INDUSTRIAL PERSONAL 12,472,083 N/A 12,472,083 12,472,083
M1 - MOBILE HOMES 3,921,645 N/A 3,921,645 3,921,645
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 25,943 N/A 25,943 25,943
Subtotal 299,384,701 300,431,704 299,384,701
Less Total Deductions 47,514,030 50,320,689 47,514,030
Total Taxable Value 251,870,671 250,111,015 251,870,671

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
260,754,417 251,870,671 260,754,417 251,870,671


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
8,883,746 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
260,754,417 251,870,671 260,754,417 251,870,671

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