taxes Property Tax Assistance

2016 ISD Summary Worksheet

057/Dallas

057-916/Richardson ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 12,625,002,320 .9680 13,042,357,769 12,625,002,320
B. Multi-Family Residences 2,157,416,600 .9453 2,282,256,003 2,157,416,600
C1. Vacant Lots 175,520,780 N/A 175,520,780 175,520,780
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,186 .8770 8,194 7,186
D2. Real Prop Farm & Ranch 94,680 N/A 94,680 94,680
E. Real Prop NonQual Acres 49,995 N/A 49,995 49,995
F1. Commercial Real 5,026,377,540 .9110 5,517,428,694 5,026,377,540
F2. Industrial Real 123,726,440 N/A 123,726,440 123,726,440
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 327,531,690 .9220 355,240,445 327,531,690
L1. Commercial Personal 1,979,365,160 .9837 2,012,163,424 1,979,365,160
L2. Industrial Personal 680,194,150 N/A 680,194,150 680,194,150
M. Other Personal 0 N/A 0 0
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 56,000 N/A 56,000 56,000
S. Special Inventory 79,525,850 N/A 79,525,850 79,525,850
Subtotal 23,174,868,391 24,268,622,424 23,174,868,391
Less Total Deductions 3,199,687,421   3,335,867,663 3,199,687,421
Total Taxable Value 19,975,180,970 20,932,754,761 19,975,180,970 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
20,382,347,171 19,975,180,970 19,874,568,962 19,467,402,761


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
407,166,201 507,778,209


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
20,382,347,171 19,975,180,970 19,874,568,962 19,467,402,761

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