taxes Property Tax Assistance

2022 ISD Summary Worksheet

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 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
60,151,143	59,310,008	60,151,143	59,310,008	61,911,143

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
841,135	0	1,760,000

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
60,151,143	59,310,008	60,151,143	59,310,008	61,911,143

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

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 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
60,151,143	59,310,008	60,151,143	59,310,008	61,911,143

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
841,135	0	1,760,000

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
60,151,143	59,310,008	60,151,143	59,310,008	61,911,143

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