taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

175/Navarro

175-911/Rice ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 20,743,930 .9959 20,829,330 20,743,930
B. Multi-Family Residences 75,100 N/A 75,100 75,100
C1. Vacant Lots 3,279,433 N/A 3,279,433 3,279,433
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,202,919 1.0232 3,130,420 3,202,919
D2. Real Prop Farm & Ranch 221,390 N/A 221,390 221,390
E. Real Prop NonQual Acres 51,255,270 1.0051 50,995,195 51,255,270
F1. Commercial Real 5,754,420 N/A 5,754,420 5,754,420
F2. Industrial Real 465,750 N/A 465,750 465,750
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 25,776,440 .9783 26,348,196 25,776,440
L1. Commercial Personal 2,090,040 N/A 2,090,040 2,090,040
L2. Industrial Personal 498,720 N/A 498,720 498,720
M. Other Personal 6,057,410 N/A 6,057,410 6,057,410
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 400,650 N/A 400,650 400,650
S. Special Inventory 1,277,560 N/A 1,277,560 1,277,560
Subtotal 121,099,032 121,423,614 121,099,032
Less Total Deductions 13,993,819   14,048,104 13,993,819
Total Taxable Value 107,105,213 107,375,510 107,105,213 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
112,457,576 107,105,213 112,457,576 107,105,213 107,554,579 107,554,579


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,352,363 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
112,457,576 107,105,213 112,457,576 107,105,213 107,554,579 107,554,579

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