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 12,626,487,000 .9680 13,043,891,529 12,626,487,000
B. Multi-Family Residences 2,170,242,860 .9453 2,295,824,458 2,170,242,860
C1. Vacant Lots 176,045,180 N/A 176,045,180 176,045,180
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,181 .8746 8,211 7,181
D2. Real Prop Farm & Ranch 94,680 N/A 94,680 94,680
E. Real Prop NonQual Acres 50,000 N/A 50,000 50,000
F1. Commercial Real 5,068,847,200 .9110 5,564,047,420 5,068,847,200
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 .9216 355,394,629 327,531,690
L1. Commercial Personal 1,978,675,130 .9837 2,011,461,960 1,978,675,130
L2. Industrial Personal 680,143,920 N/A 680,143,920 680,143,920
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 23,231,433,131 24,330,270,277 23,231,433,131
Less Total Deductions 3,183,278,029   3,321,958,268 3,183,278,029
Total Taxable Value 20,048,155,102 21,008,312,009 20,048,155,102 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
20,452,888,268 20,048,155,102 19,948,433,435 19,543,700,269


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
404,733,166 504,454,833


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
20,452,888,268 20,048,155,102 19,948,433,435 19,543,700,269

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