taxes Property Tax Assistance

2022 ISD Summary Worksheet

222-Terrell/Terrell County

222-901/Terrell County ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 27,640,581 0.9041 30,572,482 27,640,581
B - MULTIFAMILY 219,215 N/A 219,215 219,215
C1 - VACANT LOTS 1,293,229 N/A 1,293,229 1,293,229
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,830,405 0.8924 17,738,569 15,830,405
D2 - FARM & RANCH IMP 1,602,196 N/A 1,602,196 1,602,196
E - NON-AG LAND AND IMPROVEMENTS 10,516,197 N/A 10,516,197 10,516,197
F1 - COMMERCIAL REAL 2,469,302 N/A 2,469,302 2,469,302
F2 - INDUSTRIAL REAL 1,767,420 N/A 1,767,420 1,767,420
G - ALL MINERALS 86,830,457 1.0140 85,631,614 86,830,457
J - ALL UTILITIES 126,190,830 0.9548 132,164,673 126,190,830
L1 - COMMERCIAL PERSONAL 942,120 N/A 942,120 942,120
L2 - INDUSTRIAL PERSONAL 6,634,150 N/A 6,634,150 6,634,150
M1 - MOBILE HOMES 328,594 N/A 328,594 328,594
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 82,894 N/A 82,894 82,894
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 282,347,590 0 291,962,655 282,347,590
Less Total Deductions 12,572,430 0 13,418,109 12,572,430
Total Taxable Value 269,775,160 0 278,544,546 269,775,160

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
272,324,292 269,775,160 271,054,502 268,505,370 274,844,292


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
2,549,132 1,269,790 2,520,000


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
272,324,292 269,775,160 271,054,502 268,505,370 274,844,292

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

222-901-02/Terrell County ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 27,640,581 0.9041 30,572,482 27,640,581
B - MULTIFAMILY 219,215 N/A 219,215 219,215
C1 - VACANT LOTS 1,293,229 N/A 1,293,229 1,293,229
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,830,405 0.8924 17,738,569 15,830,405
D2 - FARM & RANCH IMP 1,602,196 N/A 1,602,196 1,602,196
E - NON-AG LAND AND IMPROVEMENTS 10,516,197 N/A 10,516,197 10,516,197
F1 - COMMERCIAL REAL 2,469,302 N/A 2,469,302 2,469,302
F2 - INDUSTRIAL REAL 1,767,420 N/A 1,767,420 1,767,420
G - ALL MINERALS 86,830,457 1.0140 85,631,614 86,830,457
J - ALL UTILITIES 126,190,830 0.9548 132,164,673 126,190,830
L1 - COMMERCIAL PERSONAL 942,120 N/A 942,120 942,120
L2 - INDUSTRIAL PERSONAL 6,634,150 N/A 6,634,150 6,634,150
M1 - MOBILE HOMES 328,594 N/A 328,594 328,594
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 82,894 N/A 82,894 82,894
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 282,347,590 291,962,655 282,347,590
Less Total Deductions 12,572,430 13,418,109 12,572,430
Total Taxable Value 269,775,160 278,544,546 269,775,160

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
272,324,292 269,775,160 271,054,502 268,505,370 274,844,292


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
2,549,132 1,269,790 2,520,000


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
272,324,292 269,775,160 271,054,502 268,505,370 274,844,292

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