taxes Property Tax Assistance

2023 ISD Summary Worksheet

175-Navarro/Navarro County

175-911/Rice ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 133,506,570 1.0640 125,476,100 133,506,570
B - MULTIFAMILY 216,970 N/A 216,970 216,970
C1 - VACANT LOTS 13,890,762 N/A 13,890,762 13,890,762
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,818,091 1.2027 3,174,548 3,818,091
D2 - FARM & RANCH IMP 1,816,530 N/A 1,816,530 1,816,530
E - NON-AG LAND AND IMPROVEMENTS 167,636,429 1.0116 165,714,145 167,636,429
F1 - COMMERCIAL REAL 36,384,120 0.9798 37,134,231 36,384,120
F2 - INDUSTRIAL REAL 207,320 N/A 207,320 207,320
G - ALL MINERALS 16,100 N/A 16,100 16,100
J - ALL UTILITIES 25,768,070 0.9531 27,036,061 25,768,070
L1 - COMMERCIAL PERSONAL 11,046,910 N/A 11,046,910 11,046,910
L2 - INDUSTRIAL PERSONAL 516,770 N/A 516,770 516,770
M1 - MOBILE HOMES 18,800,960 N/A 18,800,960 18,800,960
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 137,970 N/A 137,970 137,970
S - SPECIAL INVENTORY 2,532,410 N/A 2,532,410 2,532,410
Subtotal 416,295,982 0 407,717,787 416,295,982
Less Total Deductions 108,629,363 0 104,039,127 108,629,363
Total Taxable Value 307,666,619 0 303,678,660 307,666,619

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

Measure Value Description
T1 332,840,196 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 307,666,619 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 332,840,196 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 307,666,619 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 343,715,196 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 350,965,196 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 313,061,290 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 332,840,196 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 307,666,619 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 332,840,196 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 307,666,619 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 343,715,196 T13 plus the loss to the chapter 313 agreement
T16 350,965,196 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 313,061,290 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 25,173,577 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 10,875,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 7,250,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

175-911-02/Rice ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 133,506,570 1.0640 125,476,100 133,506,570
B - MULTIFAMILY 216,970 N/A 216,970 216,970
C1 - VACANT LOTS 13,890,762 N/A 13,890,762 13,890,762
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,818,091 1.2027 3,174,548 3,818,091
D2 - FARM & RANCH IMP 1,816,530 N/A 1,816,530 1,816,530
E - NON-AG LAND AND IMPROVEMENTS 167,636,429 1.0116 165,714,145 167,636,429
F1 - COMMERCIAL REAL 36,384,120 0.9798 37,134,231 36,384,120
F2 - INDUSTRIAL REAL 207,320 N/A 207,320 207,320
G - ALL MINERALS 16,100 N/A 16,100 16,100
J - ALL UTILITIES 25,768,070 0.9531 27,036,061 25,768,070
L1 - COMMERCIAL PERSONAL 11,046,910 N/A 11,046,910 11,046,910
L2 - INDUSTRIAL PERSONAL 516,770 N/A 516,770 516,770
M1 - MOBILE HOMES 18,800,960 N/A 18,800,960 18,800,960
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 137,970 N/A 137,970 137,970
S - SPECIAL INVENTORY 2,532,410 N/A 2,532,410 2,532,410
Subtotal 416,295,982 407,717,787 416,295,982
Less Total Deductions 108,629,363 104,039,127 108,629,363
Total Taxable Value 307,666,619 303,678,660 307,666,619

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

Measure Value Description
T1 332,840,196 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 307,666,619 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 332,840,196 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 307,666,619 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 343,715,196 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 350,965,196 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 313,061,290 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 332,840,196 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 307,666,619 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 332,840,196 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 307,666,619 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 343,715,196 T13 plus the loss to the chapter 313 agreement
T16 350,965,196 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 313,061,290 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 25,173,577 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 10,875,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 7,250,000 Loss to Second Previous Homestead Increase