taxes Property Tax Assistance

2022 ISD Summary Worksheet

175-Navarro/Navarro County

175-911/Rice ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 80,123,470 0.8968 89,343,744 80,123,470
B - MULTIFAMILY 132,460 N/A 132,460 132,460
C1 - VACANT LOTS 9,991,252 N/A 9,991,252 9,991,252
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,844,181 N/A 3,844,181 3,844,181
D2 - FARM & RANCH IMP 2,104,050 N/A 2,104,050 2,104,050
E - NON-AG LAND AND IMPROVEMENTS 113,714,559 0.8223 138,288,409 113,714,559
F1 - COMMERCIAL REAL 22,029,975 0.9913 22,223,318 22,029,975
F2 - INDUSTRIAL REAL 207,320 N/A 207,320 207,320
G - ALL MINERALS 15,340 N/A 15,340 15,340
J - ALL UTILITIES 24,385,090 0.9273 26,296,873 24,385,090
L1 - COMMERCIAL PERSONAL 8,358,010 N/A 8,358,010 8,358,010
L2 - INDUSTRIAL PERSONAL 576,010 N/A 576,010 576,010
M1 - MOBILE HOMES 13,151,710 N/A 13,151,710 13,151,710
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 102,940 N/A 102,940 102,940
S - SPECIAL INVENTORY 2,394,980 N/A 2,394,980 2,394,980
Subtotal 281,131,347 0 317,030,597 281,131,347
Less Total Deductions 43,673,865 0 47,677,911 43,673,865
Total Taxable Value 237,457,482 0 269,352,686 237,457,482

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 T13
244,305,761 237,457,482 244,305,761 237,457,482 251,075,761


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
6,848,279 0 6,770,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
244,305,761 237,457,482 244,305,761 237,457,482 251,075,761

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

175-911-02/Rice ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 80,123,470 0.8968 89,343,744 80,123,470
B - MULTIFAMILY 132,460 N/A 132,460 132,460
C1 - VACANT LOTS 9,991,252 N/A 9,991,252 9,991,252
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,844,181 N/A 3,844,181 3,844,181
D2 - FARM & RANCH IMP 2,104,050 N/A 2,104,050 2,104,050
E - NON-AG LAND AND IMPROVEMENTS 113,714,559 0.8223 138,288,409 113,714,559
F1 - COMMERCIAL REAL 22,029,975 0.9913 22,223,318 22,029,975
F2 - INDUSTRIAL REAL 207,320 N/A 207,320 207,320
G - ALL MINERALS 15,340 N/A 15,340 15,340
J - ALL UTILITIES 24,385,090 0.9273 26,296,873 24,385,090
L1 - COMMERCIAL PERSONAL 8,358,010 N/A 8,358,010 8,358,010
L2 - INDUSTRIAL PERSONAL 576,010 N/A 576,010 576,010
M1 - MOBILE HOMES 13,151,710 N/A 13,151,710 13,151,710
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 102,940 N/A 102,940 102,940
S - SPECIAL INVENTORY 2,394,980 N/A 2,394,980 2,394,980
Subtotal 281,131,347 317,030,597 281,131,347
Less Total Deductions 43,673,865 47,677,911 43,673,865
Total Taxable Value 237,457,482 269,352,686 237,457,482

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 T13
244,305,761 237,457,482 244,305,761 237,457,482 251,075,761


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
6,848,279 0 6,770,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
244,305,761 237,457,482 244,305,761 237,457,482 251,075,761

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement