taxes Property Tax Assistance

2021 ISD Summary Worksheet

045-Colorado /Colorado County

045-903/Rice CISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	172,998,186	0.9184	188,369,105	172,998,186
B - MULTIFAMILY	2,397,410	N/A	2,397,410	2,397,410
C1 - VACANT LOTS	11,220,088	N/A	11,220,088	11,220,088
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	74,962,336	0.8916	84,072,493	74,962,336
D2 - FARM & RANCH IMP	5,714,301	N/A	5,714,301	5,714,301
E - NON-AG LAND AND IMPROVEMENTS	165,394,006	1.0150	162,949,760	165,394,006
F1 - COMMERCIAL REAL	55,045,609	0.9013	61,073,570	55,045,609
F2 - INDUSTRIAL REAL	221,363,000	N/A	221,363,000	221,363,000
G - ALL MINERALS	25,563,881	0.9949	25,694,925	25,563,881
J - ALL UTILITIES	185,721,460	1.0198	182,115,572	185,721,460
L1 - COMMERCIAL PERSONAL	18,873,730	N/A	18,873,730	18,873,730
L2 - INDUSTRIAL PERSONAL	105,096,270	N/A	105,096,270	105,096,270
M1 - MOBILE HOMES	5,502,080	N/A	5,502,080	5,502,080
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	22,950	N/A	22,950	22,950
Subtotal	1,049,875,307	0	1,074,465,254	1,049,875,307
Less Total Deductions	76,413,957	0	85,435,372	76,413,957
Total Taxable Value	973,461,350	0	989,029,882	973,461,350

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
987,122,939	973,461,350	987,122,939	973,461,350

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
13,661,589	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
987,122,939	973,461,350	987,122,939	973,461,350

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

045-903-02/Rice CISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	172,998,186	0.9184	188,369,105	172,998,186
B - MULTIFAMILY	2,397,410	N/A	2,397,410	2,397,410
C1 - VACANT LOTS	11,220,088	N/A	11,220,088	11,220,088
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	74,962,336	0.8916	84,072,493	74,962,336
D2 - FARM & RANCH IMP	5,714,301	N/A	5,714,301	5,714,301
E - NON-AG LAND AND IMPROVEMENTS	165,394,006	1.0150	162,949,760	165,394,006
F1 - COMMERCIAL REAL	55,045,609	0.9013	61,073,570	55,045,609
F2 - INDUSTRIAL REAL	221,363,000	N/A	221,363,000	221,363,000
G - ALL MINERALS	25,563,881	0.9949	25,694,925	25,563,881
J - ALL UTILITIES	185,721,460	1.0198	182,115,572	185,721,460
L1 - COMMERCIAL PERSONAL	18,873,730	N/A	18,873,730	18,873,730
L2 - INDUSTRIAL PERSONAL	105,096,270	N/A	105,096,270	105,096,270
M1 - MOBILE HOMES	5,502,080	N/A	5,502,080	5,502,080
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	22,950	N/A	22,950	22,950
Subtotal	1,049,875,307		1,074,465,254	1,049,875,307
Less Total Deductions	76,413,957		85,435,372	76,413,957
Total Taxable Value	973,461,350		989,029,882	973,461,350

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
987,122,939	973,461,350	987,122,939	973,461,350

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
13,661,589	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
987,122,939	973,461,350	987,122,939	973,461,350

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