taxes Property Tax Assistance

2024 ISD Summary Worksheet

Terrell County ISD (all splits)   Terrell County  

222-Terrell/Terrell County

222-901/Terrell County ISD

Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 30,124,289 0.8456 35,624,750 35,624,750
B - MULTIFAMILY 79,577 N/A 79,577 79,577
C1 - VACANT LOTS 1,371,022 N/A 1,371,022 1,371,022
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,500,985 1.0236 15,143,923 15,143,923
D2 - FARM & RANCH IMP 1,574,849 N/A 1,574,849 1,574,849
E - NON-AG LAND AND IMPROVEMENTS 10,824,182 N/A 10,824,182 10,824,182
F1 - COMMERCIAL REAL 2,742,944 N/A 2,742,944 2,742,944
F2 - INDUSTRIAL REAL 1,433,200 N/A 1,433,200 1,433,200
G - ALL MINERALS 22,609,608 0.9925 22,780,461 22,780,461
J - ALL UTILITIES 127,479,270 0.9524 133,850,556 133,850,556
L1 - COMMERCIAL PERSONAL 1,158,248 N/A 1,158,248 1,158,248
L2 - INDUSTRIAL PERSONAL 6,843,140 N/A 6,843,140 6,843,140
M1 - MOBILE HOMES 438,987 N/A 438,987 438,987
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 85,192 N/A 85,192 85,192
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 222,265,493 0 233,951,031 233,951,031
Less Total Deductions 18,854,296 0 20,426,952 20,426,952
Total Taxable Value 203,411,197 0 213,524,079 213,524,079

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 219,273,386 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 213,524,079 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 218,688,488 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 212,939,181 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 222,858,386 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 225,248,386 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 207,369,575 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 219,273,386 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 213,524,079 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 218,688,488 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 212,939,181 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 222,858,386 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 225,248,386 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 207,369,575 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 5,749,307 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 584,898 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 3,585,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 2,390,000 Loss to the third most recent increase in the state-mandated homestead exemption

THE SDPVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT WAS NOT VALID IN THE LAST TWO STUDIES.


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222-901-02/Terrell County ISD



Category Local Tax Roll Value 2024 WTD Mean Ratio 2024 PTAD Value Estimate 2024 Value Assigned
A - SINGLE-FAMILY 30,124,289 0.8456 35,624,750 35,624,750
B - MULTIFAMILY 79,577 N/A 79,577 79,577
C1 - VACANT LOTS 1,371,022 N/A 1,371,022 1,371,022
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,500,985 1.0236 15,143,923 15,143,923
D2 - FARM & RANCH IMP 1,574,849 N/A 1,574,849 1,574,849
E - NON-AG LAND AND IMPROVEMENTS 10,824,182 N/A 10,824,182 10,824,182
F1 - COMMERCIAL REAL 2,742,944 N/A 2,742,944 2,742,944
F2 - INDUSTRIAL REAL 1,433,200 N/A 1,433,200 1,433,200
G - ALL MINERALS 22,609,608 0.9925 22,780,461 22,780,461
J - ALL UTILITIES 127,479,270 0.9524 133,850,556 133,850,556
L1 - COMMERCIAL PERSONAL 1,158,248 N/A 1,158,248 1,158,248
L2 - INDUSTRIAL PERSONAL 6,843,140 N/A 6,843,140 6,843,140
M1 - MOBILE HOMES 438,987 N/A 438,987 438,987
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 85,192 N/A 85,192 85,192
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 222,265,493 233,951,031 233,951,031
Less Total Deductions 18,854,296 20,426,952 20,426,952
Total Taxable Value 203,411,197 213,524,079 213,524,079

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 219,273,386 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 213,524,079 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 218,688,488 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 212,939,181 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 222,858,386 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 225,248,386 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 207,369,575 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 219,273,386 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 213,524,079 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 218,688,488 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 212,939,181 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 222,858,386 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 225,248,386 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 207,369,575 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 5,749,307 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 584,898 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 3,585,000 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 2,390,000 Loss to the third most recent increase in the state-mandated homestead exemption

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