taxes Property Tax Assistance

2018 ISD Summary Worksheet

045/Colorado

045-903/Rice CISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 141,998,890 .9260 153,346,533 141,998,890
B. Multi-Family Residences 2,247,940 N/A 2,247,940 2,247,940
C1. Vacant Lots 9,192,140 N/A 9,192,140 9,192,140
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 66,495,986 1.0777 61,699,587 66,495,986
D2. Real Prop Farm & Ranch 4,313,149 N/A 4,313,149 4,313,149
E. Real Prop NonQual Acres 136,229,866 .9818 138,755,211 136,229,866
F1. Commercial Real 33,495,748 .9455 35,426,492 33,495,748
F2. Industrial Real 239,327,230 N/A 239,327,230 239,327,230
G. Oil, Gas, Minerals 42,118,335 .9885 42,608,331 42,118,335
J. Utilities 97,006,750 .9300 104,308,333 97,006,750
L1. Commercial Personal 14,686,540 N/A 14,686,540 14,686,540
L2. Industrial Personal 98,628,930 N/A 98,628,930 98,628,930
M. Other Personal 2,860,830 N/A 2,860,830 2,860,830
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 21,830 N/A 21,830 21,830
Subtotal 888,624,164 907,423,076 888,624,164
Less Total Deductions 72,838,634   79,553,539 72,838,634
Total Taxable Value 815,785,530 827,869,537 815,785,530 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
829,156,020 815,785,530 829,156,020 815,785,530


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,370,490 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
829,156,020 815,785,530 829,156,020 815,785,530

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