223-Terry/Terry County
223-902/Meadow ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
11,797,948 |
0.7599 |
15,525,659 |
15,525,659 |
| B - MULTIFAMILY |
41,646 |
N/A |
41,646 |
41,646 |
| C1 - VACANT LOTS |
49,705 |
N/A |
49,705 |
49,705 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
10,093,486 |
1.1173 |
9,033,758 |
9,033,758 |
| D2 - FARM & RANCH IMP |
2,045,120 |
N/A |
2,045,120 |
2,045,120 |
| E - NON-AG LAND AND IMPROVEMENTS |
12,385,658 |
0.7608 |
16,279,782 |
16,279,782 |
| F1 - COMMERCIAL REAL |
846,577 |
N/A |
846,577 |
846,577 |
| F2 - INDUSTRIAL REAL |
1,154,943 |
N/A |
1,154,943 |
1,154,943 |
| G - ALL MINERALS |
13,788,952 |
1.0071 |
13,691,741 |
13,691,741 |
| J - ALL UTILITIES |
14,681,522 |
0.9941 |
14,768,657 |
14,768,657 |
| L1 - COMMERCIAL PERSONAL |
127,300 |
N/A |
127,300 |
127,300 |
| L2 - INDUSTRIAL PERSONAL |
2,820,012 |
N/A |
2,820,012 |
2,820,012 |
| M1 - MOBILE HOMES |
397,276 |
N/A |
397,276 |
397,276 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
0 |
N/A |
0 |
0 |
| S - SPECIAL INVENTORY |
0 |
N/A |
0 |
0 |
| Subtotal |
70,230,145 |
0 |
76,782,176 |
76,782,176 |
| Less Total Deductions |
12,582,461 |
0 |
14,577,565 |
14,577,565 |
| Total Taxable Value |
57,647,684 |
0 |
62,204,611 |
62,204,611 |
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 |
65,970,402 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
62,204,611 |
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 |
65,970,402 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
62,204,611 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
68,550,402 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
70,270,402 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
62,424,358 |
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 |
65,970,402 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
62,204,611 |
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 |
65,970,402 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
62,204,611 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
68,550,402 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
70,270,402 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
62,424,358 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
3,765,791 |
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 |
2,580,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
1,720,000 |
Loss to Second Previous Homestead Increase |
THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE
223-902-02/Meadow ISD
| Category |
Local Tax Roll Value |
2023 WTD Mean Ratio |
2023 PTAD Value Estimate |
2023 Value Assigned |
| A - SINGLE-FAMILY |
11,797,948 |
0.7599 |
15,525,659 |
15,525,659 |
| B - MULTIFAMILY |
41,646 |
N/A |
41,646 |
41,646 |
| C1 - VACANT LOTS |
49,705 |
N/A |
49,705 |
49,705 |
| C2 - COLONIA LOTS |
0 |
N/A |
0 |
0 |
| D1 ACRES - QUALIFIED OPEN-SPACE LAND |
10,093,486 |
1.1173 |
9,033,758 |
9,033,758 |
| D2 - FARM & RANCH IMP |
2,045,120 |
N/A |
2,045,120 |
2,045,120 |
| E - NON-AG LAND AND IMPROVEMENTS |
12,385,658 |
0.7608 |
16,279,782 |
16,279,782 |
| F1 - COMMERCIAL REAL |
846,577 |
N/A |
846,577 |
846,577 |
| F2 - INDUSTRIAL REAL |
1,154,943 |
N/A |
1,154,943 |
1,154,943 |
| G - ALL MINERALS |
13,788,952 |
1.0071 |
13,691,741 |
13,691,741 |
| J - ALL UTILITIES |
14,681,522 |
0.9941 |
14,768,657 |
14,768,657 |
| L1 - COMMERCIAL PERSONAL |
127,300 |
N/A |
127,300 |
127,300 |
| L2 - INDUSTRIAL PERSONAL |
2,820,012 |
N/A |
2,820,012 |
2,820,012 |
| M1 - MOBILE HOMES |
397,276 |
N/A |
397,276 |
397,276 |
| N - INTANGIBLE PERSONAL PROPERTY |
0 |
N/A |
0 |
0 |
| O - RESIDENTIAL INVENTORY |
0 |
N/A |
0 |
0 |
| S - SPECIAL INVENTORY |
0 |
N/A |
0 |
0 |
| Subtotal |
70,230,145 |
|
76,782,176 |
76,782,176 |
| Less Total Deductions |
12,582,461 |
|
14,577,565 |
14,577,565 |
| Total Taxable Value |
57,647,684 |
|
62,204,611 |
62,204,611 |
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 |
65,970,402 |
School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption |
| T2 |
62,204,611 |
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 |
65,970,402 |
T1 minus 50% of the loss to the local optional percentage homestead exemption |
| T4 |
62,204,611 |
T2 minus 50% of the loss to the local optional percentage homestead exemption |
| T13 |
68,550,402 |
T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions |
| T15 |
70,270,402 |
T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T17 |
62,424,358 |
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 |
65,970,402 |
School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption |
| T8 |
62,204,611 |
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 |
65,970,402 |
T7 minus 50% of the loss to the local optional percentage homestead exemption |
| T10 |
62,204,611 |
T8 minus 50% of the loss to the local optional percentage homestead exemption |
| T14 |
68,550,402 |
T13 plus the loss to the chapter 313 agreement |
| T16 |
70,270,402 |
T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions |
| T18 |
62,424,358 |
T17 plus the loss to the chapter 313 agreement |
MISCELLANEOUS LOSS AMOUNTS
| Measure | Value | Description |
|---|
| LOSS_INCR_HMSTD |
3,765,791 |
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 |
2,580,000 |
Loss to the previous increase in the state-mandated homestead |
| LOSS_SCND_INCR_HMSTD |
1,720,000 |
Loss to Second Previous Homestead Increase |
