taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

093/Grimes

093-905/Richards ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 12,757,541 N/A 12,757,541 12,757,541
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,098,750 N/A 1,098,750 1,098,750
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,069,472 N/A 2,069,472 2,069,472
D2. Real Prop Farm & Ranch 2,087,459 N/A 2,087,459 2,087,459
E. Real Prop NonQual Acres 22,556,260 N/A 22,556,260 22,556,260
F1. Commercial Real 855,200 N/A 855,200 855,200
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 18,108,546 N/A 18,108,546 18,108,546
J. Utilities 14,859,476 N/A 14,859,476 14,859,476
L1. Commercial Personal 597,995 N/A 597,995 597,995
L2. Industrial Personal 1,731,766 N/A 1,731,766 1,731,766
M. Other Personal 1,275,640 N/A 1,275,640 1,275,640
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 77,998,105 77,998,105 77,998,105
Less Total Deductions 6,362,089   6,362,089 6,362,089
Total Taxable Value 71,636,016 71,636,016 71,636,016 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
73,098,726 71,636,016 73,098,726 71,636,016


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,462,710 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
73,098,726 71,636,016 73,098,726 71,636,016

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

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 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 13,907,010 .9783 14,215,486 13,907,010
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 371,300 N/A 371,300 371,300
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,110,035 1.0263 3,030,430 3,110,035
D2. Real Prop Farm & Ranch 129,470 N/A 129,470 129,470
E. Real Prop NonQual Acres 7,067,870 .9362 7,549,530 7,067,870
F1. Commercial Real 386,100 N/A 386,100 386,100
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 3,878,000 1.0419 3,722,046 3,878,000
J. Utilities 1,120,240 N/A 1,120,240 1,120,240
L1. Commercial Personal 151,631 N/A 151,631 151,631
L2. Industrial Personal 334,110 N/A 334,110 334,110
M. Other Personal 268,150 N/A 268,150 268,150
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 30,723,916 31,278,493 30,723,916
Less Total Deductions 5,152,360   5,286,469 5,152,360
Total Taxable Value 25,571,556 25,992,024 25,571,556 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
26,444,106 25,571,556 26,444,106 25,571,556


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
872,550 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
26,444,106 25,571,556 26,444,106 25,571,556

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

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 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 12,410,240 .9830 12,624,863 12,410,240
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 262,140 N/A 262,140 262,140
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,146,268 .9518 2,254,991 2,146,268
D2. Real Prop Farm & Ranch 1,118,140 N/A 1,118,140 1,118,140
E. Real Prop NonQual Acres 23,162,712 .9524 24,320,361 23,162,712
F1. Commercial Real 692,840 N/A 692,840 692,840
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 12,876 N/A 12,876 12,876
J. Utilities 3,001,420 .7251 4,139,319 3,001,420
L1. Commercial Personal 829,070 N/A 829,070 829,070
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 606,410 N/A 606,410 606,410
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 44,242,116 46,861,010 44,242,116
Less Total Deductions 9,914,583   10,139,520 9,914,583
Total Taxable Value 34,327,533 36,721,490 34,327,533 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
35,755,333 34,327,533 35,755,333 34,327,533


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,427,800 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
35,755,333 34,327,533 35,755,333 34,327,533

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

The PVS found your local value to be valid, and local value was certified

093-905/Richards ISD



Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 39,074,791 .9868 39,597,890 39,074,791
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,732,190 N/A 1,732,190 1,732,190
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,325,775 .9960 7,354,893 7,325,775
D2. Real Prop Farm & Ranch 3,335,069 N/A 3,335,069 3,335,069
E. Real Prop NonQual Acres 52,786,842 .9699 54,426,151 52,786,842
F1. Commercial Real 1,934,140 N/A 1,934,140 1,934,140
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 21,999,422 1.0071 21,843,468 21,999,422
J. Utilities 18,981,136 .9434 20,119,035 18,981,136
L1. Commercial Personal 1,578,696 N/A 1,578,696 1,578,696
L2. Industrial Personal 2,065,876 N/A 2,065,876 2,065,876
M. Other Personal 2,150,200 N/A 2,150,200 2,150,200
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 152,964,137 156,137,608 152,964,137
Less Total Deductions 21,429,032   21,788,078 21,429,032
Total Taxable Value 131,535,105 134,349,530 131,535,105 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