taxes Property Tax Assistance

2023 Deduction Detail

212-Smith Smith County

212-901/Arp ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 133,313,680 133,313,680 133,313,680
Homestead - State-Mandated Over-65 or Disabled $10,000 4,678,253 4,678,253 4,678,253
Homestead - 100% Disabled or Unemployable Veterans 6,153,040 6,153,040 6,153,040
Homestead - Disabled Veterans and Surviving Spouse 425,406 425,406 425,406
Homestead - Over-65 or Disabled Freeze Loss 86,653,485 91,065,877 86,653,485
Homestead - 10% Appraisal Cap Loss 70,960,612 72,593,976 70,960,612
Freeport 0 0 0
Pollution Control 3,005,522 3,005,522 3,005,522
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 647,289 647,289 647,289
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 125,113 125,113 125,113
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0

212-901/Arp ISD

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 133,313,680 133,313,680 133,313,680
Homestead - State-Mandated Over-65 or Disabled $10,000 4,678,253 4,678,253 4,678,253
Homestead - 100% Disabled or Unemployable Veterans 6,153,040 6,153,040 6,153,040
Homestead - Disabled Veterans and Surviving Spouse 425,406 425,406 425,406
Homestead - Over-65 or Disabled Freeze Loss 86,653,485 91,065,877 86,653,485
Homestead - 10% Appraisal Cap Loss 70,960,612 72,593,976 70,960,612
Freeport 0 0 0
Pollution Control 3,005,522 3,005,522 3,005,522
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 0 0 0
Tax Increment Financing 0 0 0
Low Income Housing, Counties Under 1.8 Million Pop 0 0 0
Solar and Wind-Powered 0 0 0
Deferred Taxes 647,289 647,289 647,289
Prorations 0 0 0
Home Donated by Charity to Disabled Veterans 0 0 0
Disaster Reappraisal Market Value Adjustment 0 0 0
Homestead - Surviving Spouse 100% Disabled 125,113 125,113 125,113
Homestead - Surviving Spouse Service Member KIA 0 0 0
Homestead - Surviving Spouse First Responder LOD 0 0 0
Loss to Special Valuation 0 0 0
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0
Total Deductions Allowed in PVS 305,962,400 312,008,156 305,962,400