taxes Property Tax Assistance

2024 State Totals

Totals by Category

Category 2024
Local Value		2024
PTAD Value		 2024
Value Assigned
A - SINGLE-FAMILY 2,919,977,707,203 2,939,599,561,272 2,921,376,597,853
B - MULTIFAMILY 378,387,683,634 371,233,598,791 378,375,621,860
C1 - VACANT LOTS 92,094,422,206 94,847,141,638 92,097,163,814
C2 - COLONIA LOTS 118,208,658 118,208,658 118,208,658
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,870,076,723 12,414,242,427 12,887,172,307
D2 - FARM & RANCH IMP 8,323,957,084 8,352,821,472 8,330,721,853
E - NON-AG LAND AND IMPROVEMENTS 205,467,645,005 209,894,162,204 206,195,976,351
F1 - COMMERCIAL REAL 736,654,772,904 755,600,779,931 736,732,072,491
F2 - INDUSTRIAL REAL 258,108,622,188 258,108,622,188 258,108,622,188
G - ALL MINERALS 240,871,975,979 239,930,907,871 240,848,529,026
J - ALL UTILITIES 140,132,022,961 143,624,263,664 140,415,723,722
L1 - COMMERCIAL PERSONAL 241,531,132,514 241,860,033,583 241,524,594,730
L2 - INDUSTRIAL PERSONAL 180,402,242,066 180,402,242,066 180,402,242,066
M1 - MOBILE HOMES 16,086,399,762 16,086,399,762 16,086,399,762
N - INTANGIBLE PERSONAL PROPERTY 215,170 215,170 215,170
O - RESIDENTIAL INVENTORY 22,713,520,497 22,713,520,497 22,713,520,497
S - SPECIAL INVENTORY 11,407,445,723 11,407,445,723 11,407,445,723
Subtotal 5,465,148,050,277 5,506,194,166,917 5,467,620,828,071
Less Total Deductions 1,347,798,481,317 1,353,782,757,524 1,348,338,635,434
Total Taxable Value 4,117,349,568,960 4,152,411,409,393 4,119,282,192,637

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 4,446,279,861,547 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 4,119,282,192,637 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 4,406,787,815,559 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 4,079,790,146,649 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 4,538,535,718,835 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 4,600,042,523,365 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 4,263,080,316,274 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 4,537,947,443,220 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,210,949,774,310 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 4,498,455,397,232 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,171,457,728,322 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 4,630,203,300,508 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 4,691,710,105,038 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 4,354,747,897,947 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 326,997,668,910 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 39,492,045,988 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 92,255,857,288 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 61,506,804,530 Loss to the third most recent increase in the state-mandated homestead exemption

Deduction Detail

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 573,020,626,423 573,020,626,423 573,020,626,423
Homestead - State-Mandated Over-65 or Disabled 19,014,697,294 19,014,697,294 19,014,697,294
Homestead - 100% Disabled or Unemployable Veterans 47,319,509,411 47,319,509,411 47,319,509,411
Homestead - Disabled Veterans and Surviving Spouse 2,285,654,209 2,285,654,209 2,285,654,209
Homestead - Over-65 or Disabled Freeze Loss 264,740,946,543 269,462,181,758 265,165,446,236
Homestead - 10% Appraisal Cap Loss 218,436,042,143 219,699,083,135 218,551,696,567
Freeport 49,932,827,897 49,932,827,897 49,932,827,897
Pollution Control 16,928,495,411 16,928,495,411 16,928,495,411
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 91,667,581,673 91,667,581,673 91,667,581,673
Tax Increment Financing 17,205,734,492 17,205,734,492 17,205,734,492
Low Income Housing, Counties Under 1.8 Million Pop 218,213,266 218,213,266 218,213,266
Solar and Wind-Powered 920,121,997 920,121,997 920,121,997
Deferred Taxes 2,383,072,662 2,383,072,662 2,383,072,662
Prorations 1,831,292,575 1,831,292,575 1,831,292,575
Home Donated by Charity to Disabled Veterans 12,655,025 12,655,025 12,655,025
Disaster Reappraisal Market Value Adjustment 70,016,933 70,016,933 70,016,933
Homestead - Surviving Spouse 100% Disabled 1,969,885,348 1,969,885,348 1,969,885,348
Homestead - Surviving Spouse Service Member KIA 83,841,417 83,841,417 83,841,417
Homestead - Surviving Spouse First Responder LOD 72,790,809 72,790,809 72,790,809
Loss to Special Valuation 374,459,565 374,459,565 374,459,565
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0
Medical or Biomedical 2,294,915,720 2,294,915,720 2,294,915,720
Loss to Non-Homestead Cap 37,015,100,504 37,015,100,504 37,015,100,504
JETI Agreements 0 0 0
Total Deductions Allowed in PVS 1,347,798,481,317 1,353,782,757,524 1,348,338,635,434