taxes Property Tax Assistance

2021 ISD Summary Worksheet

Meadow ISD (all splits)   Terry County  

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'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 57,983,074 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 57,129,603 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 57,983,074 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 57,129,603 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 57,983,074 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 57,129,603 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 57,983,074 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 57,129,603 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 853,471 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 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 ONE OF THE GRACE PERIOD.


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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'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 57,983,074 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 57,129,603 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 57,983,074 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 57,129,603 T2 minus 50% of the loss to the local optional percentage homestead exemption

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 57,983,074 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 57,129,603 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 57,983,074 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 57,129,603 T8 minus 50% of the loss to the local optional percentage homestead exemption

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 853,471 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption

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