taxes Property Tax Assistance

2021 ISD Summary Worksheet

Terrell County ISD (all splits)   Terrell County  

222-Terrell/Terrell County

222-901/Terrell County ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 24,113,978 0.8885 27,140,099 24,113,978
B - MULTIFAMILY 368,379 N/A 368,379 368,379
C1 - VACANT LOTS 1,169,576 N/A 1,169,576 1,169,576
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,686,775 0.9139 17,163,765 15,686,775
D2 - FARM & RANCH IMP 1,555,606 N/A 1,555,606 1,555,606
E - NON-AG LAND AND IMPROVEMENTS 9,849,830 0.6356 15,496,901 9,849,830
F1 - COMMERCIAL REAL 2,330,018 N/A 2,330,018 2,330,018
F2 - INDUSTRIAL REAL 1,941,610 N/A 1,941,610 1,941,610
G - ALL MINERALS 24,482,193 0.9928 24,659,743 24,482,193
J - ALL UTILITIES 116,464,910 0.9723 119,782,896 116,464,910
L1 - COMMERCIAL PERSONAL 989,290 N/A 989,290 989,290
L2 - INDUSTRIAL PERSONAL 5,838,350 N/A 5,838,350 5,838,350
M1 - MOBILE HOMES 323,079 N/A 323,079 323,079
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 205,188,983 0 218,834,701 205,188,983
Less Total Deductions 9,793,599 0 10,671,769 9,793,599
Total Taxable Value 195,395,384 0 208,162,932 195,395,384

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's office 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 school 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

Measure Value Description
T1 197,477,151 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 195,395,384 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 196,253,252 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 194,171,485 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 197,477,151 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 195,395,384 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 196,253,252 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 194,171,485 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,081,767 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 1,223,899 50% of the loss to the local optional percentage homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD.


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222-901-02/Terrell County ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 24,113,978 0.8885 27,140,099 24,113,978
B - MULTIFAMILY 368,379 N/A 368,379 368,379
C1 - VACANT LOTS 1,169,576 N/A 1,169,576 1,169,576
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,686,775 0.9139 17,163,765 15,686,775
D2 - FARM & RANCH IMP 1,555,606 N/A 1,555,606 1,555,606
E - NON-AG LAND AND IMPROVEMENTS 9,849,830 0.6356 15,496,901 9,849,830
F1 - COMMERCIAL REAL 2,330,018 N/A 2,330,018 2,330,018
F2 - INDUSTRIAL REAL 1,941,610 N/A 1,941,610 1,941,610
G - ALL MINERALS 24,482,193 0.9928 24,659,743 24,482,193
J - ALL UTILITIES 116,464,910 0.9723 119,782,896 116,464,910
L1 - COMMERCIAL PERSONAL 989,290 N/A 989,290 989,290
L2 - INDUSTRIAL PERSONAL 5,838,350 N/A 5,838,350 5,838,350
M1 - MOBILE HOMES 323,079 N/A 323,079 323,079
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 205,188,983 218,834,701 205,188,983
Less Total Deductions 9,793,599 10,671,769 9,793,599
Total Taxable Value 195,395,384 208,162,932 195,395,384

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's office 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 school 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

Measure Value Description
T1 197,477,151 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 195,395,384 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 196,253,252 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 194,171,485 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 197,477,151 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 195,395,384 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 196,253,252 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 194,171,485 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 2,081,767 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 1,223,899 50% of the loss to the local optional percentage homestead exemption

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