taxes Property Tax Assistance

2023 ISD Summary Worksheet

Rice ISD (all splits)   Navarro County  

175-Navarro/Navarro County

175-911/Rice ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 132,634,270 1.0640 124,656,269 132,634,270
B - MULTIFAMILY 216,970 N/A 216,970 216,970
C1 - VACANT LOTS 13,097,572 N/A 13,097,572 13,097,572
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,863,321 1.2018 3,214,496 3,863,321
D2 - FARM & RANCH IMP 1,807,240 N/A 1,807,240 1,807,240
E - NON-AG LAND AND IMPROVEMENTS 160,926,009 1.0116 159,080,673 160,926,009
F1 - COMMERCIAL REAL 36,086,970 0.9798 36,830,955 36,086,970
F2 - INDUSTRIAL REAL 207,320 N/A 207,320 207,320
G - ALL MINERALS 16,100 N/A 16,100 16,100
J - ALL UTILITIES 25,768,070 0.9531 27,036,061 25,768,070
L1 - COMMERCIAL PERSONAL 10,976,010 N/A 10,976,010 10,976,010
L2 - INDUSTRIAL PERSONAL 516,770 N/A 516,770 516,770
M1 - MOBILE HOMES 18,549,730 N/A 18,549,730 18,549,730
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 137,970 N/A 137,970 137,970
S - SPECIAL INVENTORY 2,532,410 N/A 2,532,410 2,532,410
Subtotal 407,336,732 0 398,876,546 407,336,732
Less Total Deductions 111,618,730 0 107,021,858 111,618,730
Total Taxable Value 295,718,002 0 291,854,688 295,718,002

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

Measure Value Description
T1 321,776,566 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 295,718,002 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 321,776,566 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 295,718,002 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 333,311,566 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 341,001,566 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 298,752,012 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 321,776,566 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 295,718,002 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 321,776,566 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 295,718,002 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 333,311,566 T13 plus the loss to the chapter 313 agreement
T16 341,001,566 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 298,752,012 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 26,058,564 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 11,535,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 7,690,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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175-911-02/Rice ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 132,634,270 1.0640 124,656,269 132,634,270
B - MULTIFAMILY 216,970 N/A 216,970 216,970
C1 - VACANT LOTS 13,097,572 N/A 13,097,572 13,097,572
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,863,321 1.2018 3,214,496 3,863,321
D2 - FARM & RANCH IMP 1,807,240 N/A 1,807,240 1,807,240
E - NON-AG LAND AND IMPROVEMENTS 160,926,009 1.0116 159,080,673 160,926,009
F1 - COMMERCIAL REAL 36,086,970 0.9798 36,830,955 36,086,970
F2 - INDUSTRIAL REAL 207,320 N/A 207,320 207,320
G - ALL MINERALS 16,100 N/A 16,100 16,100
J - ALL UTILITIES 25,768,070 0.9531 27,036,061 25,768,070
L1 - COMMERCIAL PERSONAL 10,976,010 N/A 10,976,010 10,976,010
L2 - INDUSTRIAL PERSONAL 516,770 N/A 516,770 516,770
M1 - MOBILE HOMES 18,549,730 N/A 18,549,730 18,549,730
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 137,970 N/A 137,970 137,970
S - SPECIAL INVENTORY 2,532,410 N/A 2,532,410 2,532,410
Subtotal 407,336,732 398,876,546 407,336,732
Less Total Deductions 111,618,730 107,021,858 111,618,730
Total Taxable Value 295,718,002 291,854,688 295,718,002

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

Measure Value Description
T1 321,776,566 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 295,718,002 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 321,776,566 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 295,718,002 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 333,311,566 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 341,001,566 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 298,752,012 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 321,776,566 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 295,718,002 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 321,776,566 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 295,718,002 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 333,311,566 T13 plus the loss to the chapter 313 agreement
T16 341,001,566 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 298,752,012 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 26,058,564 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 11,535,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 7,690,000 Loss to Second Previous Homestead Increase

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