taxes Property Tax Assistance

2018 ISD Summary Worksheet

222-Terrell

222-901/Terrell County ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	22,848,934	0.9125	25,039,928	22,848,934
B. MULTIFAMILY RESIDENCES	348,667	N/A	348,667	348,667
C1. VACANT LOTS	1,133,112	N/A	1,133,112	1,133,112
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	15,706,501	1.5729	9,985,852	15,706,501
D2. REAL PROP:FARM & RANCH	1,399,311	N/A	1,399,311	1,399,311
E. REAL PROP NONQUAL ACREAGE	10,119,781	N/A	10,119,781	10,119,781
F1. COMMERCIAL REAL	2,498,050	N/A	2,498,050	2,498,050
F2. INDUSTRIAL REAL	2,586,950	N/A	2,586,950	2,586,950
G. OIL,GAS,MINERALS	73,930,240	1.0008	73,871,143	73,930,240
J. UTILITIES	111,700,170	0.9960	112,148,765	111,700,170
L1. COMMERCIAL PERSONAL	1,201,590	N/A	1,201,590	1,201,590
L2. INDUSTRIAL PERSONAL	5,363,900	N/A	5,363,900	5,363,900
M. MOBILE HOMES	326,910	N/A	326,910	326,910
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	80,069	N/A	80,069	80,069
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	249,244,185	0	246,104,028	249,244,185
Less Total Deductions	10,177,996	0	10,832,936	10,177,996
Total Taxable Value	239,066,189	0	235,271,092	239,066,189

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
241,319,038	239,066,189	240,043,507	237,790,658

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,252,849	1,275,531

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
241,319,038	239,066,189	240,043,507	237,790,658

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

222-901-02/Terrell County ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	22,848,934	0.9125	25,039,928	22,848,934
B. MULTIFAMILY RESIDENCES	348,667	N/A	348,667	348,667
C1. VACANT LOTS	1,133,112	N/A	1,133,112	1,133,112
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	15,706,501	1.5729	9,985,852	15,706,501
D2. REAL PROP:FARM & RANCH	1,399,311	N/A	1,399,311	1,399,311
E. REAL PROP NONQUAL ACREAGE	10,119,781	N/A	10,119,781	10,119,781
F1. COMMERCIAL REAL	2,498,050	N/A	2,498,050	2,498,050
F2. INDUSTRIAL REAL	2,586,950	N/A	2,586,950	2,586,950
G. OIL,GAS,MINERALS	73,930,240	1.0008	73,871,143	73,930,240
J. UTILITIES	111,700,170	0.9960	112,148,765	111,700,170
L1. COMMERCIAL PERSONAL	1,201,590	N/A	1,201,590	1,201,590
L2. INDUSTRIAL PERSONAL	5,363,900	N/A	5,363,900	5,363,900
M. MOBILE HOMES	326,910	N/A	326,910	326,910
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	80,069	N/A	80,069	80,069
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	249,244,185		246,104,028	249,244,185
Less Total Deductions	10,177,996		10,832,936	10,177,996
Total Taxable Value	239,066,189		235,271,092	239,066,189

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
241,319,038	239,066,189	240,043,507	237,790,658

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,252,849	1,275,531

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
241,319,038	239,066,189	240,043,507	237,790,658

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