taxes Property Tax Assistance

2021 ISD Summary Worksheet

223-Terry /Terry County

223-902/Meadow ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	9,832,788	0.9224	10,660,004	9,832,788
B - MULTIFAMILY	28,421	N/A	28,421	28,421
C1 - VACANT LOTS	48,362	N/A	48,362	48,362
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	15,681,799	1.0910	14,373,824	15,681,799
D2 - FARM & RANCH IMP	1,448,256	N/A	1,448,256	1,448,256
E - NON-AG LAND AND IMPROVEMENTS	10,879,526	0.7161	15,192,747	10,879,526
F1 - COMMERCIAL REAL	716,283	N/A	716,283	716,283
F2 - INDUSTRIAL REAL	1,022,709	N/A	1,022,709	1,022,709
G - ALL MINERALS	7,188,802	0.9785	7,346,757	7,188,802
J - ALL UTILITIES	13,221,483	0.9462	13,973,244	13,221,483
L1 - COMMERCIAL PERSONAL	91,131	N/A	91,131	91,131
L2 - INDUSTRIAL PERSONAL	2,433,347	N/A	2,433,347	2,433,347
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	62,880,793	0	67,622,971	62,880,793
Less Total Deductions	5,751,190	0	6,198,291	5,751,190
Total Taxable Value	57,129,603	0	61,424,680	57,129,603

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
57,983,074	57,129,603	57,983,074	57,129,603

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
853,471	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
57,983,074	57,129,603	57,983,074	57,129,603

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

223-902-02/Meadow ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	9,832,788	0.9224	10,660,004	9,832,788
B - MULTIFAMILY	28,421	N/A	28,421	28,421
C1 - VACANT LOTS	48,362	N/A	48,362	48,362
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	15,681,799	1.0910	14,373,824	15,681,799
D2 - FARM & RANCH IMP	1,448,256	N/A	1,448,256	1,448,256
E - NON-AG LAND AND IMPROVEMENTS	10,879,526	0.7161	15,192,747	10,879,526
F1 - COMMERCIAL REAL	716,283	N/A	716,283	716,283
F2 - INDUSTRIAL REAL	1,022,709	N/A	1,022,709	1,022,709
G - ALL MINERALS	7,188,802	0.9785	7,346,757	7,188,802
J - ALL UTILITIES	13,221,483	0.9462	13,973,244	13,221,483
L1 - COMMERCIAL PERSONAL	91,131	N/A	91,131	91,131
L2 - INDUSTRIAL PERSONAL	2,433,347	N/A	2,433,347	2,433,347
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	62,880,793		67,622,971	62,880,793
Less Total Deductions	5,751,190		6,198,291	5,751,190
Total Taxable Value	57,129,603		61,424,680	57,129,603

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
57,983,074	57,129,603	57,983,074	57,129,603

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
853,471	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
57,983,074	57,129,603	57,983,074	57,129,603

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