taxes Property Tax Assistance

2024 ISD Summary Worksheet

Smithville ISD (all splits)   Bastrop County   Fayette County  

011-Bastrop/Bastrop County

011-904/Smithville ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 1,014,217,056 1.0119 1,002,289,807 1,014,217,056
B - MULTIFAMILY 16,710,494 N/A 16,710,494 16,710,494
C1 - VACANT LOTS 61,520,466 N/A 61,520,466 61,520,466
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,433,343 0.8952 15,005,808 13,433,343
D2 - FARM & RANCH IMP 977,521 N/A 977,521 977,521
E - NON-AG LAND AND IMPROVEMENTS 746,742,463 0.9680 771,428,164 746,742,463
F1 - COMMERCIAL REAL 95,170,267 N/A 95,170,267 95,170,267
F2 - INDUSTRIAL REAL 6,030,801 N/A 6,030,801 6,030,801
G - ALL MINERALS 8,475,501 N/A 8,475,501 8,475,501
J - ALL UTILITIES 56,311,826 N/A 56,311,826 56,311,826
L1 - COMMERCIAL PERSONAL 30,760,383 N/A 30,760,383 30,760,383
L2 - INDUSTRIAL PERSONAL 182,728,269 N/A 182,728,269 182,728,269
M1 - MOBILE HOMES 52,579,265 N/A 52,579,265 52,579,265
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 169,085 N/A 169,085 169,085
Subtotal 2,285,826,740 0 2,300,157,657 2,285,826,740
Less Total Deductions 705,835,790 0 699,234,849 705,835,790
Total Taxable Value 1,579,990,950 0 1,600,922,808 1,579,990,950

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's office 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 school 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 1,743,768,820 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,579,990,950 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,743,768,820 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,579,990,950 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,800,243,820 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,837,893,820 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,585,087,608 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 1,893,245,688 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,729,467,818 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,893,245,688 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,729,467,818 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,949,720,688 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,987,370,688 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,734,564,476 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 163,777,870 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 56,475,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 37,650,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED.


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075-Fayette/Fayette County

011-904/Smithville ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 5,516,080 N/A 5,516,080 5,516,080
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 451,150 N/A 451,150 451,150
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 551,190 N/A 551,190 551,190
D2 - FARM & RANCH IMP 107,460 N/A 107,460 107,460
E - NON-AG LAND AND IMPROVEMENTS 24,757,710 N/A 24,757,710 24,757,710
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 1,228,890 N/A 1,228,890 1,228,890
J - ALL UTILITIES 2,966,610 N/A 2,966,610 2,966,610
L1 - COMMERCIAL PERSONAL 0 N/A 0 0
L2 - INDUSTRIAL PERSONAL 398,350 N/A 398,350 398,350
M1 - MOBILE HOMES 412,180 N/A 412,180 412,180
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 36,389,620 0 36,389,620 36,389,620
Less Total Deductions 8,242,113 0 8,242,113 8,242,113
Total Taxable Value 28,147,507 0 28,147,507 28,147,507

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's office 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 school 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 30,464,170 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 28,147,507 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 30,464,170 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 28,147,507 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 31,349,170 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 31,939,170 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 28,147,507 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 30,464,170 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 28,147,507 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 30,464,170 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 28,147,507 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 31,349,170 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 31,939,170 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 28,147,507 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 2,316,663 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 885,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 590,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE VALID BECAUSE THIS PORTION OF THE SCHOOL DISTRICT WAS TOO SMALL TO BE STUDIED, AND LOCAL VALUE WAS CERTIFIED.


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011-904-02/Smithville ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 1,019,733,136 1.0118 1,007,805,887 1,019,733,136
B - MULTIFAMILY 16,710,494 N/A 16,710,494 16,710,494
C1 - VACANT LOTS 61,971,616 N/A 61,971,616 61,971,616
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,984,533 0.8989 15,556,998 13,984,533
D2 - FARM & RANCH IMP 1,084,981 N/A 1,084,981 1,084,981
E - NON-AG LAND AND IMPROVEMENTS 771,500,173 0.9690 796,185,874 771,500,173
F1 - COMMERCIAL REAL 95,170,267 N/A 95,170,267 95,170,267
F2 - INDUSTRIAL REAL 6,030,801 N/A 6,030,801 6,030,801
G - ALL MINERALS 9,704,391 N/A 9,704,391 9,704,391
J - ALL UTILITIES 59,278,436 N/A 59,278,436 59,278,436
L1 - COMMERCIAL PERSONAL 30,760,383 N/A 30,760,383 30,760,383
L2 - INDUSTRIAL PERSONAL 183,126,619 N/A 183,126,619 183,126,619
M1 - MOBILE HOMES 52,991,445 N/A 52,991,445 52,991,445
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 169,085 N/A 169,085 169,085
Subtotal 2,322,216,360 2,336,547,277 2,322,216,360
Less Total Deductions 714,077,903 707,476,962 714,077,903
Total Taxable Value 1,608,138,457 1,629,070,315 1,608,138,457

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's office 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 school 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 1,774,232,990 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,608,138,457 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,774,232,990 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,608,138,457 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,831,592,990 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,869,832,990 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,613,235,115 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 1,923,709,858 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,757,615,325 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,923,709,858 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,757,615,325 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,981,069,858 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 2,019,309,858 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,762,711,983 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 166,094,533 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 57,360,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 38,240,000 Loss to the third most recent increase in the state-mandated homestead exemption

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