taxes Property Tax Assistance

2019 ISD Summary Worksheet

222-Terrell

222-901/Terrell County ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	22,733,484	N/A	22,733,484	22,733,484
B. MULTIFAMILY RESIDENCES	346,799	N/A	346,799	346,799
C1. VACANT LOTS	1,174,327	N/A	1,174,327	1,174,327
D1. QUALIFIED AG LAND	15,525,622	N/A	15,525,622	15,525,622
D2. REAL PROP:FARM & RANCH	1,468,938	N/A	1,468,938	1,468,938
E. REAL PROP NONQUAL ACREAGE	9,850,423	N/A	9,850,423	9,850,423
F1. COMMERCIAL REAL	2,440,832	N/A	2,440,832	2,440,832
F2. INDUSTRIAL REAL	2,328,780	N/A	2,328,780	2,328,780
G. OIL,GAS,MINERALS	48,053,950	N/A	48,053,950	48,053,950
J. UTILITIES	116,731,160	N/A	116,731,160	116,731,160
L1. COMMERCIAL PERSONAL	1,122,700	N/A	1,122,700	1,122,700
L2. INDUSTRIAL PERSONAL	8,790,670	N/A	8,790,670	8,790,670
M. MOBILE HOMES	283,916	N/A	283,916	283,916
O. RESIDENTIAL INVENTORY	75,389	N/A	75,389	75,389
Subtotal	230,926,990	0	230,926,990	230,926,990
Less Total Deductions	10,068,898	0	10,068,898	10,068,898
Total Taxable Value	220,858,092	0	220,858,092	220,858,092

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
223,028,551	220,858,092	221,816,303	219,645,844

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,170,459	1,212,248

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
223,028,551	220,858,092	221,816,303	219,645,844

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	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	22,733,484	N/A	22,733,484	22,733,484
B. MULTIFAMILY RESIDENCES	346,799	N/A	346,799	346,799
C1. VACANT LOTS	1,174,327	N/A	1,174,327	1,174,327
D1. QUALIFIED AG LAND	15,525,622	N/A	15,525,622	15,525,622
D2. REAL PROP:FARM & RANCH	1,468,938	N/A	1,468,938	1,468,938
E. REAL PROP NONQUAL ACREAGE	9,850,423	N/A	9,850,423	9,850,423
F1. COMMERCIAL REAL	2,440,832	N/A	2,440,832	2,440,832
F2. INDUSTRIAL REAL	2,328,780	N/A	2,328,780	2,328,780
G. OIL,GAS,MINERALS	48,053,950	N/A	48,053,950	48,053,950
J. UTILITIES	116,731,160	N/A	116,731,160	116,731,160
L1. COMMERCIAL PERSONAL	1,122,700	N/A	1,122,700	1,122,700
L2. INDUSTRIAL PERSONAL	8,790,670	N/A	8,790,670	8,790,670
M. MOBILE HOMES	283,916	N/A	283,916	283,916
O. RESIDENTIAL INVENTORY	75,389	N/A	75,389	75,389
Subtotal	230,926,990		230,926,990	230,926,990
Less Total Deductions	10,068,898		10,068,898	10,068,898
Total Taxable Value	220,858,092		220,858,092	220,858,092

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
223,028,551	220,858,092	221,816,303	219,645,844

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,170,459	1,212,248

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
223,028,551	220,858,092	221,816,303	219,645,844

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