taxes Property Tax Assistance

2020 ISD Summary Worksheet

222-Terrell

222-901/Terrell County ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	22,781,982	0.9430	24,159,048	22,781,982
B - MULTIFAMILY	342,236	N/A	342,236	342,236
C1 - VACANT LOTS	1,162,604	N/A	1,162,604	1,162,604
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	15,674,293	0.9445	16,594,906	15,674,293
D2 - FARM & RANCH IMP	1,480,756	N/A	1,480,756	1,480,756
E - NON-AG LAND AND IMPROVEMENTS	9,866,817	N/A	9,866,817	9,866,817
F1 - COMMERCIAL REAL	2,426,232	N/A	2,426,232	2,426,232
F2 - INDUSTRIAL REAL	2,096,430	N/A	2,096,430	2,096,430
G - ALL MINERALS	17,136,330	0.9921	17,272,785	17,136,330
J - ALL UTILITIES	118,225,550	0.7731	152,924,007	118,225,550
L1 - COMMERCIAL PERSONAL	1,133,990	N/A	1,133,990	1,133,990
L2 - INDUSTRIAL PERSONAL	5,661,710	N/A	5,661,710	5,661,710
M1 - MOBILE HOMES	329,134	N/A	329,134	329,134
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	75,389	N/A	75,389	75,389
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	198,393,453	0	235,526,044	198,393,453
Less Total Deductions	9,722,745	0	10,140,545	9,722,745
Total Taxable Value	188,670,708	0	225,385,499	188,670,708

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
190,150,845	188,670,708	188,987,599	187,507,462

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,480,137	1,163,246

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
190,150,845	188,670,708	188,987,599	187,507,462

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

222-901-02/Terrell County ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	22,781,982	0.9430	24,159,048	22,781,982
B - MULTIFAMILY	342,236	N/A	342,236	342,236
C1 - VACANT LOTS	1,162,604	N/A	1,162,604	1,162,604
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	15,674,293	0.9445	16,594,906	15,674,293
D2 - FARM & RANCH IMP	1,480,756	N/A	1,480,756	1,480,756
E - NON-AG LAND AND IMPROVEMENTS	9,866,817	N/A	9,866,817	9,866,817
F1 - COMMERCIAL REAL	2,426,232	N/A	2,426,232	2,426,232
F2 - INDUSTRIAL REAL	2,096,430	N/A	2,096,430	2,096,430
G - ALL MINERALS	17,136,330	0.9921	17,272,785	17,136,330
J - ALL UTILITIES	118,225,550	0.7731	152,924,007	118,225,550
L1 - COMMERCIAL PERSONAL	1,133,990	N/A	1,133,990	1,133,990
L2 - INDUSTRIAL PERSONAL	5,661,710	N/A	5,661,710	5,661,710
M1 - MOBILE HOMES	329,134	N/A	329,134	329,134
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	75,389	N/A	75,389	75,389
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	198,393,453		235,526,044	198,393,453
Less Total Deductions	9,722,745		10,140,545	9,722,745
Total Taxable Value	188,670,708		225,385,499	188,670,708

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
190,150,845	188,670,708	188,987,599	187,507,462

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,480,137	1,163,246

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
190,150,845	188,670,708	188,987,599	187,507,462

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