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