taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

093/Grimes

093-905/Richards ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 11,553,900 .8976 12,871,992 11,553,900
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 903,890 N/A 903,890 903,890
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,025,471 .9727 2,082,302 2,025,471
D2. Real Prop Farm & Ranch 2,091,329 N/A 2,091,329 2,091,329
E. Real Prop NonQual Acres 20,832,889 .9358 22,262,117 20,832,889
F1. Commercial Real 872,330 N/A 872,330 872,330
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 25,730,077 1.0144 25,364,824 25,730,077
J. Utilities 9,647,881 .9994 9,653,673 9,647,881
L1. Commercial Personal 344,917 N/A 344,917 344,917
L2. Industrial Personal 1,691,286 N/A 1,691,286 1,691,286
M. Other Personal 1,153,290 N/A 1,153,290 1,153,290
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 76,847,260 79,291,950 76,847,260
Less Total Deductions 5,012,749   6,096,873 5,012,749
Total Taxable Value 71,834,511 73,195,077 71,834,511 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
73,468,344 71,834,511 73,468,344 71,834,511 72,255,473 72,255,473


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,633,833 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
73,468,344 71,834,511 73,468,344 71,834,511 72,255,473 72,255,473

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

170/Montgomery

093-905/Richards ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 13,496,940 N/A 13,496,940 13,496,940
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 301,860 N/A 301,860 301,860
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,119,915 N/A 3,119,915 3,119,915
D2. Real Prop Farm & Ranch 132,410 N/A 132,410 132,410
E. Real Prop NonQual Acres 7,239,510 N/A 7,239,510 7,239,510
F1. Commercial Real 386,100 N/A 386,100 386,100
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 7,158,330 N/A 7,158,330 7,158,330
J. Utilities 948,170 N/A 948,170 948,170
L1. Commercial Personal 170,053 N/A 170,053 170,053
L2. Industrial Personal 390,310 N/A 390,310 390,310
M. Other Personal 267,480 N/A 267,480 267,480
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 33,611,078 33,611,078 33,611,078
Less Total Deductions 4,226,299   4,226,299 4,226,299
Total Taxable Value 29,384,779 29,384,779 29,384,779 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
30,348,059 29,384,779 30,348,059 29,384,779 29,384,779 29,384,779


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
963,280 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
30,348,059 29,384,779 30,348,059 29,384,779 29,384,779 29,384,779

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

236/Walker

093-905/Richards ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 10,804,136 N/A 10,804,136 10,804,136
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 223,530 N/A 223,530 223,530
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,062,322 N/A 2,062,322 2,062,322
D2. Real Prop Farm & Ranch 853,220 N/A 853,220 853,220
E. Real Prop NonQual Acres 20,126,609 N/A 20,126,609 20,126,609
F1. Commercial Real 773,730 N/A 773,730 773,730
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 12,861 N/A 12,861 12,861
J. Utilities 4,324,760 N/A 4,324,760 4,324,760
L1. Commercial Personal 846,540 N/A 846,540 846,540
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 514,160 N/A 514,160 514,160
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 40,541,868 40,541,868 40,541,868
Less Total Deductions 6,877,417   6,877,417 6,877,417
Total Taxable Value 33,664,451 33,664,451 33,664,451 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
35,309,561 33,664,451 35,309,561 33,664,451 34,094,066 34,094,066


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,645,110 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
35,309,561 33,664,451 35,309,561 33,664,451 34,094,066 34,094,066

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

093-905/Richards ISD



Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 35,854,976 .9645 37,173,068 35,854,976
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,429,280 N/A 1,429,280 1,429,280
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,207,708 .9922 7,264,539 7,207,708
D2. Real Prop Farm & Ranch 3,076,959 N/A 3,076,959 3,076,959
E. Real Prop NonQual Acres 48,199,008 .9712 49,628,236 48,199,008
F1. Commercial Real 2,032,160 N/A 2,032,160 2,032,160
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 32,901,268 1.0112 32,536,015 32,901,268
J. Utilities 14,920,811 .9996 14,926,603 14,920,811
L1. Commercial Personal 1,361,510 N/A 1,361,510 1,361,510
L2. Industrial Personal 2,081,596 N/A 2,081,596 2,081,596
M. Other Personal 1,934,930 N/A 1,934,930 1,934,930
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 151,000,206 153,444,896 151,000,206
Less Total Deductions 16,116,465   17,200,589 16,116,465
Total Taxable Value 134,883,741 136,244,307 134,883,741 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