taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

045/Colorado

045-903/Rice CISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 107,927,084 .9772 110,445,235 107,927,084
B. Multi-Family Residences 2,068,480 N/A 2,068,480 2,068,480
C1. Vacant Lots 5,642,988 N/A 5,642,988 5,642,988
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 64,988,455 .9314 69,772,679 64,988,455
D2. Real Prop Farm & Ranch 3,018,125 N/A 3,018,125 3,018,125
E. Real Prop NonQual Acres 101,083,759 .9790 103,252,052 101,083,759
F1. Commercial Real 23,298,950 N/A 23,298,950 23,298,950
F2. Industrial Real 86,643,920 N/A 86,643,920 86,643,920
G. Oil, Gas, Minerals 87,367,238 1.0027 87,131,982 87,367,238
J. Utilities 75,652,690 .9914 76,308,947 75,652,690
L1. Commercial Personal 13,299,270 N/A 13,299,270 13,299,270
L2. Industrial Personal 54,496,640 N/A 54,496,640 54,496,640
M. Other Personal 4,759,830 N/A 4,759,830 4,759,830
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 646,410 N/A 646,410 646,410
Subtotal 630,893,839 640,785,508 630,893,839
Less Total Deductions 46,874,258   48,211,803 46,874,258
Total Taxable Value 584,019,581 592,573,705 584,019,581 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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
600,151,631 584,019,581 600,151,631 584,019,581 585,452,643 585,452,643


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
16,132,050 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
600,151,631 584,019,581 600,151,631 584,019,581 585,452,643 585,452,643

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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