taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

057/Dallas

057-916/Richardson ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 10,492,148,220 .9643 10,880,585,108 10,492,148,220
B. Multi-Family Residences 1,662,937,290 .9749 1,705,751,657 1,662,937,290
C1. Vacant Lots 179,351,700 N/A 179,351,700 179,351,700
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,517 .9421 9,040 8,517
D2. Real Prop Farm & Ranch 49,680 N/A 49,680 49,680
E. Real Prop NonQual Acres 0 N/A 0 0
F1. Commercial Real 4,439,794,600 .9063 4,898,813,417 4,439,794,600
F2. Industrial Real 114,994,040 N/A 114,994,040 114,994,040
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 305,196,270 .9667 315,709,393 305,196,270
L1. Commercial Personal 1,598,675,640 1.0597 1,508,611,532 1,598,675,640
L2. Industrial Personal 705,678,590 N/A 705,678,590 705,678,590
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 62,858,500 N/A 62,858,500 62,858,500
Subtotal 19,561,693,047 20,372,412,657 19,561,693,047
Less Total Deductions 2,024,064,812   2,142,123,953 2,024,064,812
Total Taxable Value 17,537,628,235 18,230,288,704 17,537,628,235 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
17,946,284,192 17,537,628,235 17,511,389,357 17,102,733,400 17,537,628,235 17,102,733,400


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
408,655,957 434,894,835


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
17,946,284,192 17,537,628,235 17,511,389,357 17,102,733,400 17,537,628,235 17,102,733,400

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