taxes Property Tax Assistance

2018 ISD Summary Worksheet

194/Red River

194-902/Avery ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 14,973,165 1.0084 14,848,438 14,973,165
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 566,425 N/A 566,425 566,425
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,701,367 1.0326 10,363,431 10,701,367
D2. Real Prop Farm & Ranch 2,315,413 N/A 2,315,413 2,315,413
E. Real Prop NonQual Acres 30,167,369 .9956 30,300,692 30,167,369
F1. Commercial Real 1,374,686 N/A 1,374,686 1,374,686
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 157,808 N/A 157,808 157,808
J. Utilities 5,251,205 .9650 5,441,663 5,251,205
L1. Commercial Personal 442,178 N/A 442,178 442,178
L2. Industrial Personal 470,588 N/A 470,588 470,588
M. Other Personal 1,793,558 N/A 1,793,558 1,793,558
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 68,213,762 68,074,880 68,213,762
Less Total Deductions 17,819,971   17,704,087 17,819,971
Total Taxable Value 50,393,791 50,370,793 50,393,791 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
54,168,880 50,393,791 54,168,880 50,393,791


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,775,089 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
54,168,880 50,393,791 54,168,880 50,393,791

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