taxes Property Tax Assistance

2023 ISD Summary Worksheet

212-Smith/Smith County

212-905/Tyler ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 9,286,178,177 0.9708 9,565,490,500 9,286,178,177
B - MULTIFAMILY 1,058,883,278 0.8351 1,267,971,833 1,058,883,278
C1 - VACANT LOTS 245,651,464 N/A 245,651,464 245,651,464
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,511,623 1.2830 6,634,132 8,511,623
D2 - FARM & RANCH IMP 11,835,230 N/A 11,835,230 11,835,230
E - NON-AG LAND AND IMPROVEMENTS 634,419,200 1.0014 633,532,255 634,419,200
F1 - COMMERCIAL REAL 2,759,028,145 0.8441 3,268,603,418 2,759,028,145
F2 - INDUSTRIAL REAL 272,871,556 N/A 272,871,556 272,871,556
G - ALL MINERALS 61,815,100 N/A 61,815,100 61,815,100
J - ALL UTILITIES 288,825,925 0.9539 302,784,280 288,825,925
L1 - COMMERCIAL PERSONAL 1,060,065,259 0.9347 1,134,123,525 1,060,065,259
L2 - INDUSTRIAL PERSONAL 386,083,754 N/A 386,083,754 386,083,754
M1 - MOBILE HOMES 45,856,220 N/A 45,856,220 45,856,220
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 15,440,636 N/A 15,440,636 15,440,636
S - SPECIAL INVENTORY 115,755,883 N/A 115,755,883 115,755,883
Subtotal 16,251,221,450 0 17,334,449,786 16,251,221,450
Less Total Deductions 4,549,066,632 0 4,664,502,273 4,549,066,632
Total Taxable Value 11,702,154,818 0 12,669,947,513 11,702,154,818

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

Measure Value Description
T1 12,981,970,754 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 11,702,154,818 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 12,981,970,754 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 11,702,154,818 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 13,359,565,754 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 13,611,295,754 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 12,275,775,339 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 12,981,970,754 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 11,702,154,818 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 12,981,970,754 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 11,702,154,818 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 13,359,565,754 T13 plus the loss to the chapter 313 agreement
T16 13,611,295,754 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 12,275,775,339 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,279,815,936 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 377,595,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 251,730,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

212-905-02/Tyler ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 9,286,178,177 0.9708 9,565,490,500 9,286,178,177
B - MULTIFAMILY 1,058,883,278 0.8351 1,267,971,833 1,058,883,278
C1 - VACANT LOTS 245,651,464 N/A 245,651,464 245,651,464
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,511,623 1.2830 6,634,132 8,511,623
D2 - FARM & RANCH IMP 11,835,230 N/A 11,835,230 11,835,230
E - NON-AG LAND AND IMPROVEMENTS 634,419,200 1.0014 633,532,255 634,419,200
F1 - COMMERCIAL REAL 2,759,028,145 0.8441 3,268,603,418 2,759,028,145
F2 - INDUSTRIAL REAL 272,871,556 N/A 272,871,556 272,871,556
G - ALL MINERALS 61,815,100 N/A 61,815,100 61,815,100
J - ALL UTILITIES 288,825,925 0.9539 302,784,280 288,825,925
L1 - COMMERCIAL PERSONAL 1,060,065,259 0.9347 1,134,123,525 1,060,065,259
L2 - INDUSTRIAL PERSONAL 386,083,754 N/A 386,083,754 386,083,754
M1 - MOBILE HOMES 45,856,220 N/A 45,856,220 45,856,220
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 15,440,636 N/A 15,440,636 15,440,636
S - SPECIAL INVENTORY 115,755,883 N/A 115,755,883 115,755,883
Subtotal 16,251,221,450 17,334,449,786 16,251,221,450
Less Total Deductions 4,549,066,632 4,664,502,273 4,549,066,632
Total Taxable Value 11,702,154,818 12,669,947,513 11,702,154,818

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

Measure Value Description
T1 12,981,970,754 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 11,702,154,818 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 12,981,970,754 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 11,702,154,818 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 13,359,565,754 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 13,611,295,754 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 12,275,775,339 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 12,981,970,754 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 11,702,154,818 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 12,981,970,754 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 11,702,154,818 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 13,359,565,754 T13 plus the loss to the chapter 313 agreement
T16 13,611,295,754 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 12,275,775,339 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,279,815,936 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 377,595,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 251,730,000 Loss to Second Previous Homestead Increase