taxes Property Tax Assistance

2024 State Totals

Totals by Category

Category 2024
Local Value		2024
PTAD Value		 2024
Value Assigned
A - SINGLE-FAMILY 2,920,984,862,210 2,940,854,497,325 2,922,837,043,598
B - MULTIFAMILY 380,415,988,753 373,249,493,800 380,415,308,033
C1 - VACANT LOTS 92,025,958,719 94,760,440,395 92,030,436,305
C2 - COLONIA LOTS 118,434,873 118,434,873 118,434,873
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,934,388,790 12,467,985,196 12,965,176,227
D2 - FARM & RANCH IMP 8,297,126,886 8,369,692,382 8,354,181,702
E - NON-AG LAND AND IMPROVEMENTS 205,789,953,851 210,492,181,988 207,006,356,744
F1 - COMMERCIAL REAL 738,654,893,905 757,861,158,765 738,957,574,438
F2 - INDUSTRIAL REAL 258,241,776,770 258,241,776,770 258,241,776,770
G - ALL MINERALS 240,995,091,085 240,051,214,815 240,960,483,535
J - ALL UTILITIES 140,127,828,441 143,918,448,286 140,491,318,838
L1 - COMMERCIAL PERSONAL 242,100,043,330 242,432,743,113 242,091,654,197
L2 - INDUSTRIAL PERSONAL 180,769,059,464 180,769,059,464 180,769,059,464
M1 - MOBILE HOMES 16,111,708,176 16,111,708,176 16,111,708,176
N - INTANGIBLE PERSONAL PROPERTY 142,450 142,450 142,450
O - RESIDENTIAL INVENTORY 22,981,753,923 22,981,753,923 22,981,753,923
S - SPECIAL INVENTORY 11,515,608,515 11,515,608,515 11,515,608,515
Subtotal 5,472,064,620,141 5,514,196,340,236 5,475,848,017,788
Less Total Deductions 1,335,291,724,780 1,341,252,485,937 1,335,934,322,943
Total Taxable Value 4,136,772,895,361 4,172,943,854,299 4,139,913,694,845

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 4,465,231,323,536 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 4,139,913,694,845 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 4,425,819,809,593 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 4,100,502,180,902 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 4,556,888,800,824 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 4,617,996,685,354 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 4,263,247,561,467 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 4,555,365,009,143 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,230,047,380,452 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 4,515,953,495,200 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 4,190,635,866,509 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 4,647,022,486,431 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 4,708,130,370,961 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 4,353,381,247,074 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 325,317,628,691 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 39,411,513,943 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 91,657,477,288 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 61,107,884,530 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 569,744,906,204 569,744,906,204 569,744,906,204
Homestead - State-Mandated Over-65 or Disabled $10,000 18,864,946,740 18,864,946,740 18,864,946,740
Homestead - 100% Disabled or Unemployable Veterans 46,311,869,797 46,311,869,797 46,311,869,797
Homestead - Disabled Veterans and Surviving Spouse 2,269,648,013 2,269,648,013 2,269,648,013
Homestead - Over-65 or Disabled Freeze Loss 259,222,707,124 263,887,533,698 259,692,837,775
Homestead - 10% Appraisal Cap Loss 218,984,358,229 220,280,292,812 219,156,825,741
Freeport 49,737,437,964 49,737,437,964 49,737,437,964
Pollution Control 16,954,485,809 16,954,485,809 16,954,485,809
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 90,133,685,607 90,133,685,607 90,133,685,607
Tax Increment Financing 16,573,357,451 16,573,357,451 16,573,357,451
Low Income Housing, Counties Under 1.8 Million Pop 228,777,839 228,777,839 228,777,839
Solar and Wind-Powered 838,016,472 838,016,472 838,016,472
Deferred Taxes 2,233,742,030 2,233,742,030 2,233,742,030
Prorations 1,456,629,419 1,456,629,419 1,456,629,419
Home Donated by Charity to Disabled Veterans 12,655,025 12,655,025 12,655,025
Disaster Reappraisal Market Value Adjustment 38,536,027 38,536,027 38,536,027
Homestead - Surviving Spouse 100% Disabled 1,943,991,713 1,943,991,713 1,943,991,713
Homestead - Surviving Spouse Service Member KIA 82,213,102 82,213,102 82,213,102
Homestead - Surviving Spouse First Responder LOD 71,691,522 71,691,522 71,691,522
Loss to Special Valuation 374,459,545 374,459,545 374,459,545
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0
Medical or Biomedical 2,283,406,868 2,283,406,868 2,283,406,868
Loss to Non-Homestead Cap 36,930,202,280 36,930,202,280 36,930,202,280
JETI Agreements 0 0 0
Total Deductions Allowed in PVS 1,335,291,724,780 1,341,252,485,937 1,335,934,322,943