taxes Property Tax Assistance

2016 ISD Summary Worksheet

045/Colorado

045-903/Rice CISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 113,713,524 N/A 113,713,524 113,713,524
B. Multi-Family Residences 2,052,000 N/A 2,052,000 2,052,000
C1. Vacant Lots 5,311,757 N/A 5,311,757 5,311,757
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 64,356,967 N/A 64,356,967 64,356,967
D2. Real Prop Farm & Ranch 3,554,241 N/A 3,554,241 3,554,241
E. Real Prop NonQual Acres 117,102,936 N/A 117,102,936 117,102,936
F1. Commercial Real 28,910,826 N/A 28,910,826 28,910,826
F2. Industrial Real 247,149,320 N/A 247,149,320 247,149,320
G. Oil, Gas, Minerals 29,101,245 N/A 29,101,245 29,101,245
J. Utilities 87,048,660 N/A 87,048,660 87,048,660
L1. Commercial Personal 16,969,370 N/A 16,969,370 16,969,370
L2. Industrial Personal 84,181,970 N/A 84,181,970 84,181,970
M. Other Personal 3,079,640 N/A 3,079,640 3,079,640
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 38,410 N/A 38,410 38,410
Subtotal 802,570,866 802,570,866 802,570,866
Less Total Deductions 58,491,716   58,491,716 58,491,716
Total Taxable Value 744,079,150 744,079,150 744,079,150 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
756,925,934 744,079,150 756,925,934 744,079,150


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,846,784 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
756,925,934 744,079,150 756,925,934 744,079,150

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