taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

045/Colorado

045-903/Rice CISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 110,367,853 N/A 110,367,853 110,367,853
B. Multi-Family Residences 2,103,620 N/A 2,103,620 2,103,620
C1. Vacant Lots 5,356,325 N/A 5,356,325 5,356,325
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 64,761,793 N/A 64,761,793 64,761,793
D2. Real Prop Farm & Ranch 3,360,393 N/A 3,360,393 3,360,393
E. Real Prop NonQual Acres 107,281,674 N/A 107,281,674 107,281,674
F1. Commercial Real 27,028,529 N/A 27,028,529 27,028,529
F2. Industrial Real 148,346,390 N/A 148,346,390 148,346,390
G. Oil, Gas, Minerals 77,590,056 N/A 77,590,056 77,590,056
J. Utilities 89,076,320 N/A 89,076,320 89,076,320
L1. Commercial Personal 15,376,890 N/A 15,376,890 15,376,890
L2. Industrial Personal 56,643,040 N/A 56,643,040 56,643,040
M. Other Personal 4,439,130 N/A 4,439,130 4,439,130
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 414,630 N/A 414,630 414,630
Subtotal 712,146,643 712,146,643 712,146,643
Less Total Deductions 46,638,963   46,638,963 46,638,963
Total Taxable Value 665,507,680 665,507,680 665,507,680 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
681,490,023 665,507,680 681,490,023 665,507,680 666,969,260 666,969,260


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
15,982,343 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
681,490,023 665,507,680 681,490,023 665,507,680 666,969,260 666,969,260

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