taxes Property Tax Assistance

2021 ISD Summary Worksheet

188-Potter-Randall/Potter County

188-902/River Road ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 295,673,840 0.8848 334,170,253 334,170,253
B - MULTIFAMILY 150,829 N/A 150,829 150,829
C1 - VACANT LOTS 9,124,987 N/A 9,124,987 9,124,987
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,420,482 0.9174 2,638,459 2,638,459
D2 - FARM & RANCH IMP 14,844 N/A 14,844 14,844
E - NON-AG LAND AND IMPROVEMENTS 4,066,391 N/A 4,066,391 4,066,391
F1 - COMMERCIAL REAL 8,978,414 N/A 8,978,414 8,978,414
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 5,280,850 N/A 5,280,850 5,280,850
J - ALL UTILITIES 44,539,018 0.8942 49,808,788 49,808,788
L1 - COMMERCIAL PERSONAL 13,369,506 N/A 13,369,506 13,369,506
L2 - INDUSTRIAL PERSONAL 317,572 N/A 317,572 317,572
M1 - MOBILE HOMES 6,168,010 N/A 6,168,010 6,168,010
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 20,000 N/A 20,000 20,000
S - SPECIAL INVENTORY 27,398 N/A 27,398 27,398
Subtotal 390,152,141 0 434,136,301 434,136,301
Less Total Deductions 78,379,439 0 90,709,203 90,709,203
Total Taxable Value 311,772,702 0 343,427,098 343,427,098

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
356,148,557 343,427,098 356,148,557 343,427,098


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,721,459 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
356,148,557 343,427,098 356,148,557 343,427,098

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

188-902-02/River Road ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 295,673,840 0.8848 334,170,253 334,170,253
B - MULTIFAMILY 150,829 N/A 150,829 150,829
C1 - VACANT LOTS 9,124,987 N/A 9,124,987 9,124,987
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,420,482 0.9174 2,638,459 2,638,459
D2 - FARM & RANCH IMP 14,844 N/A 14,844 14,844
E - NON-AG LAND AND IMPROVEMENTS 4,066,391 N/A 4,066,391 4,066,391
F1 - COMMERCIAL REAL 8,978,414 N/A 8,978,414 8,978,414
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 5,280,850 N/A 5,280,850 5,280,850
J - ALL UTILITIES 44,539,018 0.8942 49,808,788 49,808,788
L1 - COMMERCIAL PERSONAL 13,369,506 N/A 13,369,506 13,369,506
L2 - INDUSTRIAL PERSONAL 317,572 N/A 317,572 317,572
M1 - MOBILE HOMES 6,168,010 N/A 6,168,010 6,168,010
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 20,000 N/A 20,000 20,000
S - SPECIAL INVENTORY 27,398 N/A 27,398 27,398
Subtotal 390,152,141 434,136,301 434,136,301
Less Total Deductions 78,379,439 90,709,203 90,709,203
Total Taxable Value 311,772,702 343,427,098 343,427,098

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
356,148,557 343,427,098 356,148,557 343,427,098


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,721,459 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
356,148,557 343,427,098 356,148,557 343,427,098

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