taxes Property Tax Assistance

2016 ISD Summary Worksheet

093/Grimes

093-905/Richards ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 13,924,791 .9904 14,059,765 13,924,791
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,079,900 N/A 1,079,900 1,079,900
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,409,603 .9598 2,510,571 2,409,603
D2. Real Prop Farm & Ranch 2,063,179 N/A 2,063,179 2,063,179
E. Real Prop NonQual Acres 26,364,900 1.0532 25,033,137 26,364,900
F1. Commercial Real 901,310 N/A 901,310 901,310
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 8,190,488 .9851 8,314,372 8,190,488
J. Utilities 14,944,385 1.0014 14,923,492 14,944,385
L1. Commercial Personal 643,739 N/A 643,739 643,739
L2. Industrial Personal 1,804,915 N/A 1,804,915 1,804,915
M. Other Personal 1,464,100 N/A 1,464,100 1,464,100
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 73,791,310 72,798,480 73,791,310
Less Total Deductions 7,863,996   7,984,720 7,863,996
Total Taxable Value 65,927,314 64,813,760 65,927,314 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
67,471,254 65,927,314 67,471,254 65,927,314


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,543,940 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
67,471,254 65,927,314 67,471,254 65,927,314

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

170/Montgomery

093-905/Richards ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 16,676,000 N/A 16,676,000 16,676,000
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 478,340 N/A 478,340 478,340
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,944,745 N/A 2,944,745 2,944,745
D2. Real Prop Farm & Ranch 170,720 N/A 170,720 170,720
E. Real Prop NonQual Acres 10,192,680 N/A 10,192,680 10,192,680
F1. Commercial Real 564,140 N/A 564,140 564,140
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,000,060 N/A 1,000,060 1,000,060
J. Utilities 1,135,900 N/A 1,135,900 1,135,900
L1. Commercial Personal 118,188 N/A 118,188 118,188
L2. Industrial Personal 276,270 N/A 276,270 276,270
M. Other Personal 388,260 N/A 388,260 388,260
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 10,000 N/A 10,000 10,000
Subtotal 33,955,303 33,955,303 33,955,303
Less Total Deductions 5,554,626   5,554,626 5,554,626
Total Taxable Value 28,400,677 28,400,677 28,400,677 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
29,296,717 28,400,677 29,296,717 28,400,677


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
896,040 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
29,296,717 28,400,677 29,296,717 28,400,677

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

236/Walker

093-905/Richards ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 14,415,990 N/A 14,415,990 14,415,990
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 264,800 N/A 264,800 264,800
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,317,713 N/A 2,317,713 2,317,713
D2. Real Prop Farm & Ranch 1,280,500 N/A 1,280,500 1,280,500
E. Real Prop NonQual Acres 26,501,636 N/A 26,501,636 26,501,636
F1. Commercial Real 695,280 N/A 695,280 695,280
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 12,843 N/A 12,843 12,843
J. Utilities 2,478,130 N/A 2,478,130 2,478,130
L1. Commercial Personal 1,348,290 N/A 1,348,290 1,348,290
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 531,970 N/A 531,970 531,970
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 49,847,152 49,847,152 49,847,152
Less Total Deductions 9,883,138   9,883,138 9,883,138
Total Taxable Value 39,964,014 39,964,014 39,964,014 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
41,385,871 39,964,014 41,385,871 39,964,014


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,421,857 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
41,385,871 39,964,014 41,385,871 39,964,014

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

093-905/Richards ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 45,016,781 .9970 45,151,755 45,016,781
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,823,040 N/A 1,823,040 1,823,040
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,672,061 .9870 7,773,029 7,672,061
D2. Real Prop Farm & Ranch 3,514,399 N/A 3,514,399 3,514,399
E. Real Prop NonQual Acres 63,059,216 1.0216 61,727,453 63,059,216
F1. Commercial Real 2,160,730 N/A 2,160,730 2,160,730
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 9,203,391 .9867 9,327,275 9,203,391
J. Utilities 18,558,415 1.0011 18,537,522 18,558,415
L1. Commercial Personal 2,110,217 N/A 2,110,217 2,110,217
L2. Industrial Personal 2,081,185 N/A 2,081,185 2,081,185
M. Other Personal 2,384,330 N/A 2,384,330 2,384,330
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 10,000 N/A 10,000 10,000
Subtotal 157,593,765 156,600,935 157,593,765
Less Total Deductions 23,301,760   23,422,484 23,301,760
Total Taxable Value 134,292,005 133,178,451 134,292,005 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