taxes Property Tax Assistance

2017 ISD Summary Worksheet

057/Dallas

057-916/Richardson ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 14,030,794,380 N/A 14,030,794,380 14,030,794,380
B. Multi-Family Residences 2,497,790,520 N/A 2,497,790,520 2,497,790,520
C1. Vacant Lots 165,195,570 N/A 165,195,570 165,195,570
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,562 N/A 6,562 6,562
D2. Real Prop Farm & Ranch 94,675 N/A 94,675 94,675
E. Real Prop NonQual Acres 1,930,410 N/A 1,930,410 1,930,410
F1. Commercial Real 5,329,769,660 N/A 5,329,769,660 5,329,769,660
F2. Industrial Real 139,787,230 N/A 139,787,230 139,787,230
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 324,824,400 N/A 324,824,400 324,824,400
L1. Commercial Personal 2,013,620,880 N/A 2,013,620,880 2,013,620,880
L2. Industrial Personal 703,120,120 N/A 703,120,120 703,120,120
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 84,933,810 N/A 84,933,810 84,933,810
Subtotal 25,291,868,217 25,291,868,217 25,291,868,217
Less Total Deductions 3,615,766,339   3,615,766,339 3,615,766,339
Total Taxable Value 21,676,101,878 21,676,101,878 21,676,101,878 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
22,082,810,600 21,676,101,878 21,526,898,043 21,120,189,321


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
406,708,722 555,912,557


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
22,082,810,600 21,676,101,878 21,526,898,043 21,120,189,321

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