taxes Property Tax Assistance

2023 ISD Summary Worksheet

222-Terrell/Terrell County

222-901/Terrell County ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 28,477,817 N/A 28,477,817 28,477,817
B - MULTIFAMILY 70,028 N/A 70,028 70,028
C1 - VACANT LOTS 1,289,401 N/A 1,289,401 1,289,401
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,834,208 N/A 15,834,208 15,834,208
D2 - FARM & RANCH IMP 1,636,303 N/A 1,636,303 1,636,303
E - NON-AG LAND AND IMPROVEMENTS 10,534,162 N/A 10,534,162 10,534,162
F1 - COMMERCIAL REAL 2,536,035 N/A 2,536,035 2,536,035
F2 - INDUSTRIAL REAL 1,591,280 N/A 1,591,280 1,591,280
G - ALL MINERALS 73,988,187 N/A 73,988,187 73,988,187
J - ALL UTILITIES 126,666,820 N/A 126,666,820 126,666,820
L1 - COMMERCIAL PERSONAL 903,130 N/A 903,130 903,130
L2 - INDUSTRIAL PERSONAL 5,892,680 N/A 5,892,680 5,892,680
M1 - MOBILE HOMES 366,538 N/A 366,538 366,538
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 82,894 N/A 82,894 82,894
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 269,869,483 0 269,869,483 269,869,483
Less Total Deductions 16,787,697 0 16,787,697 16,787,697
Total Taxable Value 253,081,786 0 253,081,786 253,081,786

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 258,544,349 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 253,081,786 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 257,930,572 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 252,468,009 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 262,189,349 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 264,619,349 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 253,190,311 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 258,544,349 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 253,081,786 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 257,930,572 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 252,468,009 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 262,189,349 T13 plus the loss to the chapter 313 agreement
T16 264,619,349 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 253,190,311 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 5,462,563 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 613,777 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 3,645,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,430,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

222-901-02/Terrell County ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 28,477,817 N/A 28,477,817 28,477,817
B - MULTIFAMILY 70,028 N/A 70,028 70,028
C1 - VACANT LOTS 1,289,401 N/A 1,289,401 1,289,401
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,834,208 N/A 15,834,208 15,834,208
D2 - FARM & RANCH IMP 1,636,303 N/A 1,636,303 1,636,303
E - NON-AG LAND AND IMPROVEMENTS 10,534,162 N/A 10,534,162 10,534,162
F1 - COMMERCIAL REAL 2,536,035 N/A 2,536,035 2,536,035
F2 - INDUSTRIAL REAL 1,591,280 N/A 1,591,280 1,591,280
G - ALL MINERALS 73,988,187 N/A 73,988,187 73,988,187
J - ALL UTILITIES 126,666,820 N/A 126,666,820 126,666,820
L1 - COMMERCIAL PERSONAL 903,130 N/A 903,130 903,130
L2 - INDUSTRIAL PERSONAL 5,892,680 N/A 5,892,680 5,892,680
M1 - MOBILE HOMES 366,538 N/A 366,538 366,538
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 82,894 N/A 82,894 82,894
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 269,869,483 269,869,483 269,869,483
Less Total Deductions 16,787,697 16,787,697 16,787,697
Total Taxable Value 253,081,786 253,081,786 253,081,786

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 258,544,349 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 253,081,786 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 257,930,572 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 252,468,009 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 262,189,349 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 264,619,349 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 253,190,311 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 258,544,349 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 253,081,786 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 257,930,572 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 252,468,009 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 262,189,349 T13 plus the loss to the chapter 313 agreement
T16 264,619,349 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 253,190,311 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 5,462,563 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 613,777 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 3,645,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 2,430,000 Loss to Second Previous Homestead Increase