taxes Property Tax Assistance

2020 ISD Summary Worksheet

223-Terry /Terry County

223-902/Meadow ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	9,176,540	N/A	9,176,540	9,176,540
B - MULTIFAMILY	28,421	N/A	28,421	28,421
C1 - VACANT LOTS	50,762	N/A	50,762	50,762
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,467,323	N/A	14,467,323	14,467,323
D2 - FARM & RANCH IMP	1,427,973	N/A	1,427,973	1,427,973
E - NON-AG LAND AND IMPROVEMENTS	10,500,033	N/A	10,500,033	10,500,033
F1 - COMMERCIAL REAL	738,639	N/A	738,639	738,639
F2 - INDUSTRIAL REAL	1,040,176	N/A	1,040,176	1,040,176
G - ALL MINERALS	12,052,451	N/A	12,052,451	12,052,451
J - ALL UTILITIES	7,991,905	N/A	7,991,905	7,991,905
L1 - COMMERCIAL PERSONAL	90,778	N/A	90,778	90,778
L2 - INDUSTRIAL PERSONAL	4,037,659	N/A	4,037,659	4,037,659
M1 - MOBILE HOMES	287,886	N/A	287,886	287,886
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	61,890,546	0	61,890,546	61,890,546
Less Total Deductions	5,679,277	0	5,679,277	5,679,277
Total Taxable Value	56,211,269	0	56,211,269	56,211,269

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
57,078,949	56,211,269	57,078,949	56,211,269

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
867,680	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
57,078,949	56,211,269	57,078,949	56,211,269

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

223-902-02/Meadow ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	9,176,540	N/A	9,176,540	9,176,540
B - MULTIFAMILY	28,421	N/A	28,421	28,421
C1 - VACANT LOTS	50,762	N/A	50,762	50,762
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,467,323	N/A	14,467,323	14,467,323
D2 - FARM & RANCH IMP	1,427,973	N/A	1,427,973	1,427,973
E - NON-AG LAND AND IMPROVEMENTS	10,500,033	N/A	10,500,033	10,500,033
F1 - COMMERCIAL REAL	738,639	N/A	738,639	738,639
F2 - INDUSTRIAL REAL	1,040,176	N/A	1,040,176	1,040,176
G - ALL MINERALS	12,052,451	N/A	12,052,451	12,052,451
J - ALL UTILITIES	7,991,905	N/A	7,991,905	7,991,905
L1 - COMMERCIAL PERSONAL	90,778	N/A	90,778	90,778
L2 - INDUSTRIAL PERSONAL	4,037,659	N/A	4,037,659	4,037,659
M1 - MOBILE HOMES	287,886	N/A	287,886	287,886
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	61,890,546		61,890,546	61,890,546
Less Total Deductions	5,679,277		5,679,277	5,679,277
Total Taxable Value	56,211,269		56,211,269	56,211,269

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
57,078,949	56,211,269	57,078,949	56,211,269

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
867,680	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
57,078,949	56,211,269	57,078,949	56,211,269

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