taxes Property Tax Assistance

2023 ISD Summary Worksheet

045-Colorado/Colorado County

045-903/Rice CISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 232,884,774 0.8740 266,458,551 232,884,774
B - MULTIFAMILY 4,066,750 N/A 4,066,750 4,066,750
C1 - VACANT LOTS 12,316,429 N/A 12,316,429 12,316,429
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 81,812,060 0.7852 104,189,797 81,812,060
D2 - FARM & RANCH IMP 6,368,370 N/A 6,368,370 6,368,370
E - NON-AG LAND AND IMPROVEMENTS 209,142,928 0.8693 240,587,746 209,142,928
F1 - COMMERCIAL REAL 59,249,106 0.8906 66,527,179 59,249,106
F2 - INDUSTRIAL REAL 240,571,870 N/A 240,571,870 240,571,870
G - ALL MINERALS 29,644,937 N/A 29,644,937 29,644,937
J - ALL UTILITIES 171,535,550 0.9567 179,299,206 171,535,550
L1 - COMMERCIAL PERSONAL 17,689,693 N/A 17,689,693 17,689,693
L2 - INDUSTRIAL PERSONAL 134,330,000 N/A 134,330,000 134,330,000
M1 - MOBILE HOMES 6,332,570 N/A 6,332,570 6,332,570
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 24,950 N/A 24,950 24,950
Subtotal 1,205,969,987 0 1,308,408,048 1,205,969,987
Less Total Deductions 201,210,029 0 223,778,256 201,210,029
Total Taxable Value 1,004,759,958 0 1,084,629,792 1,004,759,958

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 1,058,311,701 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,004,759,958 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 1,058,311,701 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,004,759,958 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,085,641,701 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,103,861,701 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,018,742,571 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 1,058,311,701 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,004,759,958 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 1,058,311,701 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,004,759,958 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,085,641,701 T13 plus the loss to the chapter 313 agreement
T16 1,103,861,701 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,018,742,571 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 53,551,743 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 27,330,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 18,220,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

045-903-02/Rice CISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 232,884,774 0.8740 266,458,551 232,884,774
B - MULTIFAMILY 4,066,750 N/A 4,066,750 4,066,750
C1 - VACANT LOTS 12,316,429 N/A 12,316,429 12,316,429
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 81,812,060 0.7852 104,189,797 81,812,060
D2 - FARM & RANCH IMP 6,368,370 N/A 6,368,370 6,368,370
E - NON-AG LAND AND IMPROVEMENTS 209,142,928 0.8693 240,587,746 209,142,928
F1 - COMMERCIAL REAL 59,249,106 0.8906 66,527,179 59,249,106
F2 - INDUSTRIAL REAL 240,571,870 N/A 240,571,870 240,571,870
G - ALL MINERALS 29,644,937 N/A 29,644,937 29,644,937
J - ALL UTILITIES 171,535,550 0.9567 179,299,206 171,535,550
L1 - COMMERCIAL PERSONAL 17,689,693 N/A 17,689,693 17,689,693
L2 - INDUSTRIAL PERSONAL 134,330,000 N/A 134,330,000 134,330,000
M1 - MOBILE HOMES 6,332,570 N/A 6,332,570 6,332,570
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 24,950 N/A 24,950 24,950
Subtotal 1,205,969,987 1,308,408,048 1,205,969,987
Less Total Deductions 201,210,029 223,778,256 201,210,029
Total Taxable Value 1,004,759,958 1,084,629,792 1,004,759,958

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 1,058,311,701 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,004,759,958 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 1,058,311,701 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,004,759,958 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,085,641,701 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 1,103,861,701 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 1,018,742,571 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 1,058,311,701 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,004,759,958 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 1,058,311,701 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,004,759,958 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,085,641,701 T13 plus the loss to the chapter 313 agreement
T16 1,103,861,701 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 1,018,742,571 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 53,551,743 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 27,330,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 18,220,000 Loss to Second Previous Homestead Increase