taxes Property Tax Assistance

2016 State Totals

Totals by Category

Category 2016
Local Value 		2016
PTAD Value 		2016
Value Assigned
A Single-Family Residences 1,311,112,085,231 1,335,603,475,215 1,311,793,304,258
B Multifamily Residences 158,078,286,430 161,564,011,091 158,097,014,228
C1 Vacant Lots 47,978,832,797 49,027,834,009 47,984,218,946
C2 Colonia Lots 117,843,233 117,843,233 117,843,233
D1 Real Prop. Qualified Acres 12,962,099,949 12,895,226,528 13,010,955,070
D2 Real Property Farm and Ranch 4,168,322,655 4,170,327,304 4,168,322,655
E Real Property - Non Qualified Acres 82,189,945,307 84,187,110,519 82,551,815,258
F1 Commercial Real 414,970,162,186 426,854,904,998 415,080,341,835
F2 Industrial Real 127,357,408,658 127,357,408,658 127,357,408,658
G Oil, Gas, & Minerals 64,149,757,979 63,518,800,927 64,143,342,124
J Utilities 71,272,300,591 72,702,541,418 71,291,932,002
L1 Commercial Personal 156,463,975,122 156,378,275,588 156,468,003,777
L2 Industrial Personal 121,983,043,033 121,983,043,033 121,983,043,033
M Mobile Homes & Other Personal 6,518,495,971 6,518,495,971 6,518,495,971
N Intangible Personal Property 183,111 183,111 183,111
O Residential Inventory 9,863,392,049 9,863,392,049 9,863,392,049
S Special Inventory 7,655,960,799 7,655,960,799 7,655,960,799
Subtotal 2,596,842,095,101 2,640,398,834,451 2,598,085,577,007
Less Total Deductions 368,925,377,239 375,248,153,805 369,132,193,469
Total Taxable Value 2,227,916,717,862 2,265,150,680,646 2,228,953,383,538

Measures of a School District Wealth

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 Operations (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

PVS Deductions

T1 T2 T3 T4
2,277,514,949,134 2,228,953,383,538 2,255,021,964,223 2,206,460,398,627

Loss to
the Additional
$10,000 Homestead
Exemption 		50% of the Loss
to the Local Optional
Percentage Homestead
Exemption
48,561,565,596 22,492,984,911

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
2,304,514,830,462 2,255,953,264,866 2,282,021,845,551 2,233,460,279,955

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

Deduction Detail

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 126,559,978,203 126,559,978,203 126,559,978,203
Homestead - State-Mandated Over-65 or Disabled $10,000 16,724,395,688 16,724,395,688 16,724,395,688
Homestead - 100% Disabled Or Unemployable Veterans 9,428,271,225 9,428,271,225 9,428,271,225
Homestead - Disabled Or Deceased Veterans 1,846,721,487 1,846,721,487 1,846,721,487
Homestead - Over-65 or Disabled Freeze Loss 88,281,640,021 93,684,419,696 88,467,567,533
Homestead - 10% Appraisal Cap Loss 41,691,754,890 42,611,751,781 41,712,643,608
Freeport 30,287,753,038 30,287,753,038 30,287,753,038
Pollution Control 10,031,115,983 10,031,115,983 10,031,115,983
Difference Between Taxable and Limited Value for
Chapter 313 Value Limitation Agreement 		26,999,881,328 26,999,881,328 26,999,881,328
Tax Increment Financing 14,849,842,420 14,849,842,420 14,849,842,420
Low Income Housing, Counties Under 1.8 Million Pop 25,981,333 25,981,333 25,981,333
Solar and Wind-Powered 60,786,148 60,786,148 60,786,148
Deferred Taxes 1,895,251,516 1,895,251,516 1,895,251,516
Prorations 239,661,318 239,661,318 239,661,318
Home Donated by Charity to Disabled Veteran 2,342,641 2,342,641 2,342,641
Total Deductions Allowed in PVS 368,925,377,239 375,248,153,805 369,132,193,469