taxes Property Tax Assistance

2023 State Totals

Totals by Category

Category 2023
Local Value		2023
PTAD Value		 2023
Value Assigned
A - SINGLE-FAMILY 2,802,608,899,563 2,821,769,942,423 2,807,883,571,845
B - MULTIFAMILY 369,748,679,428 370,334,510,378 369,912,989,853
C1 - VACANT LOTS 86,577,951,274 91,432,944,070 86,633,366,466
C2 - COLONIA LOTS 93,543,827 93,543,827 93,543,827
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,151,276,576 12,875,024,169 13,188,443,804
D2 - FARM & RANCH IMP 6,346,709,104 6,372,443,619 6,363,828,987
E - NON-AG LAND AND IMPROVEMENTS 186,327,566,089 193,045,503,647 189,020,706,801
F1 - COMMERCIAL REAL 695,977,016,481 717,592,221,386 696,694,118,825
F2 - INDUSTRIAL REAL 239,821,591,184 239,821,591,184 239,821,591,184
G - ALL MINERALS 259,218,596,378 259,688,793,708 259,208,827,232
J - ALL UTILITIES 130,746,388,031 132,875,563,922 130,877,210,197
L1 - COMMERCIAL PERSONAL 229,163,604,959 228,241,109,393 229,124,152,395
L2 - INDUSTRIAL PERSONAL 170,164,130,768 170,164,130,768 170,164,130,768
M1 - MOBILE HOMES 14,521,060,733 14,521,060,733 14,521,060,733
N - INTANGIBLE PERSONAL PROPERTY 323,879 323,879 323,879
O - RESIDENTIAL INVENTORY 22,231,703,870 22,231,703,870 22,231,703,870
S - SPECIAL INVENTORY 11,221,449,420 11,221,449,420 11,221,449,420
Subtotal 5,237,920,491,564 5,292,281,860,396 5,246,961,020,086
Less Total Deductions 1,332,661,828,021 1,339,968,881,000 1,334,761,979,050
Total Taxable Value 3,905,258,663,543 3,952,312,979,396 3,912,199,041,036

Measures of a School District Wealth

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 Operations (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

Measure Value Description
T1 4,223,610,763,791 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,912,194,630,303 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 4,187,476,931,343 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,876,060,797,855 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 4,312,809,617,560 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 4,372,278,971,666 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 4,008,963,127,956 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 4,309,664,207,088 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 3,998,248,073,600 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 4,273,530,374,640 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,962,114,241,152 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 4,398,863,060,857 T13 plus the loss to the chapter 313 agreement
T16 4,458,332,414,963 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 4,095,016,571,253 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 311,416,133,488 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 36,133,832,448 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 89,198,853,769 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 59,469,354,106 Loss to Second Previous Homestead Increase

Deduction Detail

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 549,288,508,577 549,288,508,577 549,288,508,577
Homestead - State-Mandated Over-65 or Disabled $10,000 17,716,074,822 17,716,074,822 17,716,074,822
Homestead - 100% Disabled or Unemployable Veterans 36,385,929,553 36,385,929,553 36,385,929,553
Homestead - Disabled Veterans and Surviving Spouse 2,172,297,917 2,172,297,917 2,172,297,917
Homestead - Over-65 or Disabled Freeze Loss 219,762,953,929 225,203,531,497 221,255,245,896
Homestead - 10% Appraisal Cap Loss 326,467,288,027 328,333,763,438 327,075,147,089
Freeport 52,798,015,548 52,798,015,548 52,798,015,548
Pollution Control 16,199,725,978 16,199,725,978 16,199,725,978
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 86,053,443,297 86,053,443,297 86,053,443,297
Tax Increment Financing 17,521,713,472 17,521,713,472 17,521,713,472
Low Income Housing, Counties Under 1.8 Million Pop 122,767,756 122,767,756 122,767,756
Solar and Wind-Powered 625,071,163 625,071,163 625,071,163
Deferred Taxes 3,444,177,184 3,444,177,184 3,444,177,184
Prorations 1,946,589,909 1,946,589,909 1,946,589,909
Home Donated by Charity to Disabled Veterans 4,497,246 4,497,246 4,497,246
Disaster Reappraisal Market Value Adjustment 48,872,648 48,872,648 48,872,648
Homestead - Surviving Spouse 100% Disabled 1,595,208,315 1,595,208,315 1,595,208,315
Homestead - Surviving Spouse Service Member KIA 66,539,111 66,539,111 66,539,111
Homestead - Surviving Spouse First Responder LOD 59,875,868 59,875,868 59,875,868
Loss to Special Valuation 382,277,701 382,277,701 382,277,701
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0
Total Deductions Allowed in PVS 1,332,661,828,021 1,339,968,881,000 1,334,761,979,050