taxes Property Tax Assistance

2022 ISD Summary Worksheet

Meadow ISD (all splits)   Terry County  

223-Terry/Terry County

223-902/Meadow ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 10,560,533 0.9008 11,723,505 10,560,533
B - MULTIFAMILY 33,708 N/A 33,708 33,708
C1 - VACANT LOTS 47,497 N/A 47,497 47,497
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,834,753 1.3032 9,081,360 11,834,753
D2 - FARM & RANCH IMP 1,598,173 N/A 1,598,173 1,598,173
E - NON-AG LAND AND IMPROVEMENTS 10,258,107 0.9135 11,229,455 10,258,107
F1 - COMMERCIAL REAL 725,906 N/A 725,906 725,906
F2 - INDUSTRIAL REAL 1,044,334 N/A 1,044,334 1,044,334
G - ALL MINERALS 11,748,606 1.0268 11,441,961 11,748,606
J - ALL UTILITIES 14,427,613 2.1036 6,858,534 14,427,613
L1 - COMMERCIAL PERSONAL 111,391 N/A 111,391 111,391
L2 - INDUSTRIAL PERSONAL 2,771,244 N/A 2,771,244 2,771,244
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 65,449,751 0 56,954,954 65,449,751
Less Total Deductions 6,139,743 0 6,162,680 6,139,743
Total Taxable Value 59,310,008 0 50,792,274 59,310,008

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 60,151,143 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 59,310,008 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 60,151,143 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 59,310,008 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 61,911,143 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 60,151,143 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 59,310,008 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 60,151,143 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 59,310,008 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 61,911,143 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 841,135 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
LOSS_PREV_INCR_HMSTD 1,760,000 Loss to the second most recent increase in the state-mandated homestead exemption

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


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223-902-02/Meadow ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 10,560,533 0.9008 11,723,505 10,560,533
B - MULTIFAMILY 33,708 N/A 33,708 33,708
C1 - VACANT LOTS 47,497 N/A 47,497 47,497
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 11,834,753 1.3032 9,081,360 11,834,753
D2 - FARM & RANCH IMP 1,598,173 N/A 1,598,173 1,598,173
E - NON-AG LAND AND IMPROVEMENTS 10,258,107 0.9135 11,229,455 10,258,107
F1 - COMMERCIAL REAL 725,906 N/A 725,906 725,906
F2 - INDUSTRIAL REAL 1,044,334 N/A 1,044,334 1,044,334
G - ALL MINERALS 11,748,606 1.0268 11,441,961 11,748,606
J - ALL UTILITIES 14,427,613 2.1036 6,858,534 14,427,613
L1 - COMMERCIAL PERSONAL 111,391 N/A 111,391 111,391
L2 - INDUSTRIAL PERSONAL 2,771,244 N/A 2,771,244 2,771,244
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 65,449,751 56,954,954 65,449,751
Less Total Deductions 6,139,743 6,162,680 6,139,743
Total Taxable Value 59,310,008 50,792,274 59,310,008

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 60,151,143 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 59,310,008 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 60,151,143 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 59,310,008 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 61,911,143 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 60,151,143 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 59,310,008 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 60,151,143 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 59,310,008 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 61,911,143 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 841,135 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
LOSS_PREV_INCR_HMSTD 1,760,000 Loss to the second most recent increase in the state-mandated homestead exemption

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