taxes Property Tax Assistance

2018 State Totals

Totals by Category

Category 2018
Local Value		2018
PTAD Value		 2018
Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,504,521,752,183 1,532,860,319,068 1,506,125,726,707
B. MULTIFAMILY RESIDENCES 197,464,057,936 203,988,179,767 197,483,218,952
C1. VACANT LOTS 52,444,981,929 53,748,452,281 52,531,439,711
C2. COLONIA LOTS 85,013,165 85,013,165 85,013,165
D1. QUALIFIED AG LAND 13,199,754,513 12,982,552,829 13,212,792,811
D2. REAL PROP:FARM & RANCH 3,955,122,441 3,958,067,556 3,955,975,333
E. REAL PROP NONQUAL ACREAGE 94,173,297,959 97,420,157,779 94,986,043,302
F1. COMMERCIAL REAL 473,444,357,605 489,160,684,837 473,610,356,120
F2. INDUSTRIAL REAL 151,580,687,065 151,580,687,065 151,580,687,065
G. OIL,GAS,MINERALS 96,329,108,783 95,962,938,494 96,312,035,694
J. UTILITIES 78,743,219,885 80,751,638,264 78,882,789,499
L1. COMMERCIAL PERSONAL 163,973,760,266 163,295,158,091 163,988,162,025
L2. INDUSTRIAL PERSONAL 122,262,834,917 122,262,834,917 122,262,834,917
M. MOBILE HOMES 7,343,300,789 7,343,300,789 7,343,300,789
N. INTANGIBLE PERSONAL PROP 72,800 72,800 72,800
O. RESIDENTIAL INVENTORY 12,225,459,228 12,225,459,228 12,225,459,228
S. SPECIAL INVENTORY 7,741,233,173 7,741,233,173 7,741,233,173
Subtotal 2,979,488,014,637 3,035,366,750,103 2,982,327,141,291
Less Total Deductions 412,699,034,670 420,636,282,007 413,323,783,096
Total Taxable Value 2,566,788,979,967 2,614,730,468,096 2,569,003,358,195

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

T1T2 T3 T4
2,618,585,966,089 2,569,003,358,240 2,593,727,365,026 2,544,144,757,177

PVS Deductions

Loss to
the Additional
$10,000 Homestead
Exemption		 50 % of the Loss
to the Local Optional
Percentage Homestead
Exemption
49,582,607,84924,858,601,063
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 T8T9T10
2,658,575,805,9862,608,993,198,1372,633,717,204,9232,584,134,597,074
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 - Surviving Spouse 100% Disabled 848,542,251 848,542,251 848,542,251
Homestead - Surviving Spouse Service Member KIA 34,861,494 34,861,494 34,861,494
Homestead - Surviving Spouse First Responder LOD 50,137,989 50,137,989 50,137,989
Homestead - State-Mandated Homestead Exemption 129,960,806,005 129,960,806,005 129,960,806,005
Homestead - State-Mandated Over-65 or Disabled $10,000 17,977,926,319 17,977,926,319 17,977,926,319
Homestead - 100% Disabled or Unemployable Veterans 13,660,463,017 13,660,463,017 13,660,463,017
Homestead - Disabled Veterans and Surviving Spouse 2,017,495,686 2,017,495,686 2,017,495,686
Homestead - Over-65 or Disabled Freeze Loss 110,958,504,227 117,969,151,267 111,626,754,826
Homestead - 10% Appraisal Cap Loss 36,485,095,024 37,369,462,355 36,555,305,646
Freeport 30,162,223,200 30,162,223,200 30,162,223,200
Pollution Control 10,790,391,468 10,790,391,468 10,790,391,468
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 39,989,839,897 39,989,839,897 39,989,839,897
Tax Increment Financing 17,221,092,324 17,221,092,324 17,221,092,324
Low Income Housing, Counties Under 1.8 Million Pop 11,763,241 11,763,241 11,763,241
Solar and Wind-Powered 84,921,285 84,921,285 84,921,285
Deferred Taxes 2,235,549,062 2,235,549,062 2,235,549,062
Prorations 315,059,026 315,059,026 315,059,026
Home Donated by Charity to Disabled Veterans 3,600,794 3,600,794 3,600,794
Disaster Reappraisal Market Value Adjustment 0 0 0
Total Deductions Allowed in PVS 412,808,272,309 420,703,286,680 413,546,733,530