taxes Property Tax Assistance

2019 ISD Summary Worksheet

175-Navarro

175-911/Rice ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 44,350,820 1.0198 43,489,723 44,350,820
B. MULTIFAMILY RESIDENCES 90,160 N/A 90,160 90,160
C1. VACANT LOTS 6,212,503 N/A 6,212,503 6,212,503
D1. QUALIFIED AG LAND 3,882,990 1.0753 3,611,237 3,882,990
D2. REAL PROP:FARM & RANCH 1,172,785 N/A 1,172,785 1,172,785
E. REAL PROP NONQUAL ACREAGE 71,018,157 0.9771 72,682,588 71,018,157
F1. COMMERCIAL REAL 17,681,810 0.7727 22,883,150 17,681,810
F2. INDUSTRIAL REAL 207,320 N/A 207,320 207,320
G. OIL,GAS,MINERALS 15,440 N/A 15,440 15,440
J. UTILITIES 21,377,450 0.9542 22,403,532 21,377,450
L1. COMMERCIAL PERSONAL 5,914,300 N/A 5,914,300 5,914,300
L2. INDUSTRIAL PERSONAL 247,810 N/A 247,810 247,810
M. MOBILE HOMES 6,952,930 N/A 6,952,930 6,952,930
O. RESIDENTIAL INVENTORY 173,820 N/A 173,820 173,820
S. SPECIAL INVENTORY 1,490,990 N/A 1,490,990 1,490,990
Subtotal 180,789,285 0 187,548,288 180,789,285
Less Total Deductions 24,651,088 0 24,272,026 24,651,088
Total Taxable Value 156,138,197 0 163,276,262 156,138,197

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
161,124,459 156,138,197 161,124,459 156,138,197


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,986,262 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
161,124,459 156,138,197 161,124,459 156,138,197

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

175-911-02/Rice ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 44,350,820 1.0198 43,489,723 44,350,820
B. MULTIFAMILY RESIDENCES 90,160 N/A 90,160 90,160
C1. VACANT LOTS 6,212,503 N/A 6,212,503 6,212,503
D1. QUALIFIED AG LAND 3,882,990 1.0753 3,611,237 3,882,990
D2. REAL PROP:FARM & RANCH 1,172,785 N/A 1,172,785 1,172,785
E. REAL PROP NONQUAL ACREAGE 71,018,157 0.9771 72,682,588 71,018,157
F1. COMMERCIAL REAL 17,681,810 0.7727 22,883,150 17,681,810
F2. INDUSTRIAL REAL 207,320 N/A 207,320 207,320
G. OIL,GAS,MINERALS 15,440 N/A 15,440 15,440
J. UTILITIES 21,377,450 0.9542 22,403,532 21,377,450
L1. COMMERCIAL PERSONAL 5,914,300 N/A 5,914,300 5,914,300
L2. INDUSTRIAL PERSONAL 247,810 N/A 247,810 247,810
M. MOBILE HOMES 6,952,930 N/A 6,952,930 6,952,930
O. RESIDENTIAL INVENTORY 173,820 N/A 173,820 173,820
S. SPECIAL INVENTORY 1,490,990 N/A 1,490,990 1,490,990
Subtotal 180,789,285 187,548,288 180,789,285
Less Total Deductions 24,651,088 24,272,026 24,651,088
Total Taxable Value 156,138,197 163,276,262 156,138,197

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
161,124,459 156,138,197 161,124,459 156,138,197


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,986,262 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
161,124,459 156,138,197 161,124,459 156,138,197

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