taxes Property Tax Assistance

2022 ISD Summary Worksheet

081-Freestone/Freestone County

081-904/Teague ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 139,520,510 N/A 139,520,510 139,520,510
B - MULTIFAMILY 518,288 N/A 518,288 518,288
C1 - VACANT LOTS 3,930,960 N/A 3,930,960 3,930,960
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,925,360 N/A 12,925,360 12,925,360
D2 - FARM & RANCH IMP 11,946,606 N/A 11,946,606 11,946,606
E - NON-AG LAND AND IMPROVEMENTS 180,436,841 N/A 180,436,841 180,436,841
F1 - COMMERCIAL REAL 18,605,644 N/A 18,605,644 18,605,644
F2 - INDUSTRIAL REAL 10,794,200 N/A 10,794,200 10,794,200
G - ALL MINERALS 125,652,340 N/A 125,652,340 125,652,340
J - ALL UTILITIES 433,997,785 N/A 433,997,785 433,997,785
L1 - COMMERCIAL PERSONAL 9,506,593 N/A 9,506,593 9,506,593
L2 - INDUSTRIAL PERSONAL 43,822,010 N/A 43,822,010 43,822,010
M1 - MOBILE HOMES 18,165,842 N/A 18,165,842 18,165,842
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 18,994 N/A 18,994 18,994
S - SPECIAL INVENTORY 100,512 N/A 100,512 100,512
Subtotal 1,009,942,485 0 1,009,942,485 1,009,942,485
Less Total Deductions 96,322,039 0 96,322,039 96,322,039
Total Taxable Value 913,620,446 0 913,620,446 913,620,446

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 T13
928,681,300 913,620,446 928,681,300 913,620,446 943,531,300


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
15,060,854 0 14,850,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
928,681,300 913,620,446 928,681,300 913,620,446 943,531,300

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

081-904-02/Teague ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 139,520,510 N/A 139,520,510 139,520,510
B - MULTIFAMILY 518,288 N/A 518,288 518,288
C1 - VACANT LOTS 3,930,960 N/A 3,930,960 3,930,960
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,925,360 N/A 12,925,360 12,925,360
D2 - FARM & RANCH IMP 11,946,606 N/A 11,946,606 11,946,606
E - NON-AG LAND AND IMPROVEMENTS 180,436,841 N/A 180,436,841 180,436,841
F1 - COMMERCIAL REAL 18,605,644 N/A 18,605,644 18,605,644
F2 - INDUSTRIAL REAL 10,794,200 N/A 10,794,200 10,794,200
G - ALL MINERALS 125,652,340 N/A 125,652,340 125,652,340
J - ALL UTILITIES 433,997,785 N/A 433,997,785 433,997,785
L1 - COMMERCIAL PERSONAL 9,506,593 N/A 9,506,593 9,506,593
L2 - INDUSTRIAL PERSONAL 43,822,010 N/A 43,822,010 43,822,010
M1 - MOBILE HOMES 18,165,842 N/A 18,165,842 18,165,842
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 18,994 N/A 18,994 18,994
S - SPECIAL INVENTORY 100,512 N/A 100,512 100,512
Subtotal 1,009,942,485 1,009,942,485 1,009,942,485
Less Total Deductions 96,322,039 96,322,039 96,322,039
Total Taxable Value 913,620,446 913,620,446 913,620,446

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 T13
928,681,300 913,620,446 928,681,300 913,620,446 943,531,300


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
15,060,854 0 14,850,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
928,681,300 913,620,446 928,681,300 913,620,446 943,531,300

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement