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