taxes Property Tax Assistance

2021 ISD Summary Worksheet

081-Freestone /Freestone County

081-904/Teague ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 123,270,073 0.9725 126,755,859 123,270,073
B - MULTIFAMILY 509,083 N/A 509,083 509,083
C1 - VACANT LOTS 3,749,167 N/A 3,749,167 3,749,167
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,138,579 1.0565 12,435,408 13,138,579
D2 - FARM & RANCH IMP 11,810,181 N/A 11,810,181 11,810,181
E - NON-AG LAND AND IMPROVEMENTS 147,257,923 0.9611 153,218,107 147,257,923
F1 - COMMERCIAL REAL 16,673,175 N/A 16,673,175 16,673,175
F2 - INDUSTRIAL REAL 10,580,188 N/A 10,580,188 10,580,188
G - ALL MINERALS 70,296,660 0.9808 71,672,777 70,296,660
J - ALL UTILITIES 366,974,189 0.8851 414,613,252 366,974,189
L1 - COMMERCIAL PERSONAL 10,847,810 N/A 10,847,810 10,847,810
L2 - INDUSTRIAL PERSONAL 39,390,600 N/A 39,390,600 39,390,600
M1 - MOBILE HOMES 16,265,490 N/A 16,265,490 16,265,490
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 43,317 N/A 43,317 43,317
S - SPECIAL INVENTORY 199,738 N/A 199,738 199,738
Subtotal 831,006,173 0 888,764,152 831,006,173
Less Total Deductions 82,018,504 0 84,189,020 82,018,504
Total Taxable Value 748,987,669 0 804,575,132 748,987,669

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
760,317,392 748,987,669 760,317,392 748,987,669


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,329,723 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
760,317,392 748,987,669 760,317,392 748,987,669

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

081-904-02/Teague ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 123,270,073 0.9725 126,755,859 123,270,073
B - MULTIFAMILY 509,083 N/A 509,083 509,083
C1 - VACANT LOTS 3,749,167 N/A 3,749,167 3,749,167
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,138,579 1.0565 12,435,408 13,138,579
D2 - FARM & RANCH IMP 11,810,181 N/A 11,810,181 11,810,181
E - NON-AG LAND AND IMPROVEMENTS 147,257,923 0.9611 153,218,107 147,257,923
F1 - COMMERCIAL REAL 16,673,175 N/A 16,673,175 16,673,175
F2 - INDUSTRIAL REAL 10,580,188 N/A 10,580,188 10,580,188
G - ALL MINERALS 70,296,660 0.9808 71,672,777 70,296,660
J - ALL UTILITIES 366,974,189 0.8851 414,613,252 366,974,189
L1 - COMMERCIAL PERSONAL 10,847,810 N/A 10,847,810 10,847,810
L2 - INDUSTRIAL PERSONAL 39,390,600 N/A 39,390,600 39,390,600
M1 - MOBILE HOMES 16,265,490 N/A 16,265,490 16,265,490
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 43,317 N/A 43,317 43,317
S - SPECIAL INVENTORY 199,738 N/A 199,738 199,738
Subtotal 831,006,173 888,764,152 831,006,173
Less Total Deductions 82,018,504 84,189,020 82,018,504
Total Taxable Value 748,987,669 804,575,132 748,987,669

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
760,317,392 748,987,669 760,317,392 748,987,669


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
11,329,723 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
760,317,392 748,987,669 760,317,392 748,987,669

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