taxes Property Tax Assistance

2019 ISD Summary Worksheet

045-Colorado

045-903/Rice CISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 148,467,978 0.9017 164,653,408 164,653,408
B. MULTIFAMILY RESIDENCES 2,230,910 N/A 2,230,910 2,230,910
C1. VACANT LOTS 9,407,118 N/A 9,407,118 9,407,118
D1. QUALIFIED AG LAND 63,609,250 0.6103 104,219,862 104,219,862
D2. REAL PROP:FARM & RANCH 4,441,178 N/A 4,441,178 4,441,178
E. REAL PROP NONQUAL ACREAGE 147,889,299 0.9881 149,670,376 149,670,376
F1. COMMERCIAL REAL 36,710,728 0.6772 54,209,581 54,209,581
F2. INDUSTRIAL REAL 238,108,670 N/A 238,108,670 238,108,670
G. OIL,GAS,MINERALS 46,865,984 0.9963 47,040,032 47,040,032
J. UTILITIES 100,333,740 0.9632 104,167,089 104,167,089
L1. COMMERCIAL PERSONAL 14,862,050 N/A 14,862,050 14,862,050
L2. INDUSTRIAL PERSONAL 92,377,840 N/A 92,377,840 92,377,840
M. MOBILE HOMES 3,300,360 N/A 3,300,360 3,300,360
S. SPECIAL INVENTORY 12,210 N/A 12,210 12,210
Subtotal 908,617,315 0 988,700,684 988,700,684
Less Total Deductions 70,643,197 0 80,164,795 80,164,795
Total Taxable Value 837,974,118 0 908,535,889 908,535,889

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
922,039,325 908,535,889 922,039,325 908,535,889


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,503,436 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
922,039,325 908,535,889 922,039,325 908,535,889

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)

045-903-02/Rice CISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 148,467,978 0.9017 164,653,408 164,653,408
B. MULTIFAMILY RESIDENCES 2,230,910 N/A 2,230,910 2,230,910
C1. VACANT LOTS 9,407,118 N/A 9,407,118 9,407,118
D1. QUALIFIED AG LAND 63,609,250 0.6103 104,219,862 104,219,862
D2. REAL PROP:FARM & RANCH 4,441,178 N/A 4,441,178 4,441,178
E. REAL PROP NONQUAL ACREAGE 147,889,299 0.9881 149,670,376 149,670,376
F1. COMMERCIAL REAL 36,710,728 0.6772 54,209,581 54,209,581
F2. INDUSTRIAL REAL 238,108,670 N/A 238,108,670 238,108,670
G. OIL,GAS,MINERALS 46,865,984 0.9963 47,040,032 47,040,032
J. UTILITIES 100,333,740 0.9632 104,167,089 104,167,089
L1. COMMERCIAL PERSONAL 14,862,050 N/A 14,862,050 14,862,050
L2. INDUSTRIAL PERSONAL 92,377,840 N/A 92,377,840 92,377,840
M. MOBILE HOMES 3,300,360 N/A 3,300,360 3,300,360
S. SPECIAL INVENTORY 12,210 N/A 12,210 12,210
Subtotal 908,617,315 988,700,684 988,700,684
Less Total Deductions 70,643,197 80,164,795 80,164,795
Total Taxable Value 837,974,118 908,535,889 908,535,889

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
922,039,325 908,535,889 922,039,325 908,535,889


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
13,503,436 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
922,039,325 908,535,889 922,039,325 908,535,889

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