taxes Property Tax Assistance

2025 ISD Summary Worksheet

Bullard ISD (all splits)   Cherokee County   Smith County  

037-Cherokee/Cherokee County

212-902/Bullard ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 676,686,955 0.9924 681,869,161 676,686,955
B - MULTIFAMILY 6,210,403 N/A 6,210,403 6,210,403
C1 - VACANT LOTS 46,440,170 N/A 46,440,170 46,440,170
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,323,860 1.1351 2,047,273 2,323,860
D2 - FARM & RANCH IMP 3,527,785 N/A 3,527,785 3,527,785
E - NON-AG LAND AND IMPROVEMENTS 175,972,837 1.0074 174,680,203 175,972,837
F1 - COMMERCIAL REAL 27,334,087 N/A 27,334,087 27,334,087
F2 - INDUSTRIAL REAL 4,089,750 N/A 4,089,750 4,089,750
G - ALL MINERALS 19,588,486 N/A 19,588,486 19,588,486
J - ALL UTILITIES 7,750,190 N/A 7,750,190 7,750,190
L1 - COMMERCIAL PERSONAL 5,031,130 N/A 5,031,130 5,031,130
L2 - INDUSTRIAL PERSONAL 44,072,090 N/A 44,072,090 44,072,090
M1 - MOBILE HOMES 9,473,470 N/A 9,473,470 9,473,470
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,045,630 N/A 1,045,630 1,045,630
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 1,029,546,843 0 1,033,159,828 1,029,546,843
Less Total Deductions 369,633,707 0 371,382,679 369,633,707
Total Taxable Value 659,913,136 0 661,777,149 659,913,136

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 707,183,252 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 659,913,136 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 707,183,252 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 659,913,136 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 786,945,215 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 808,457,097 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 716,962,218 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
T19 823,226,577 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 683,055,464 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 707,183,252 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 659,913,136 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 707,183,252 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 659,913,136 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 786,945,215 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 808,457,097 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 716,962,218 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
T20 823,226,577 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 683,055,464 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 47,270,116 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 79,761,963 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 21,511,882 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 14,769,480 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 23,142,328 Loss to the increase in the Over-65/Disabled Homestead

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


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212-Smith/Smith County

212-902/Bullard ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 1,512,065,630 1.0284 1,470,308,858 1,512,065,630
B - MULTIFAMILY 34,761,515 N/A 34,761,515 34,761,515
C1 - VACANT LOTS 40,769,717 N/A 40,769,717 40,769,717
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,674,473 1.9041 879,419 1,674,473
D2 - FARM & RANCH IMP 2,409,733 N/A 2,409,733 2,409,733
E - NON-AG LAND AND IMPROVEMENTS 161,865,963 1.0138 159,662,619 161,865,963
F1 - COMMERCIAL REAL 82,236,204 N/A 82,236,204 82,236,204
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 1,151,921 N/A 1,151,921 1,151,921
J - ALL UTILITIES 15,792,264 N/A 15,792,264 15,792,264
L1 - COMMERCIAL PERSONAL 18,119,096 N/A 18,119,096 18,119,096
L2 - INDUSTRIAL PERSONAL 2,548,822 N/A 2,548,822 2,548,822
M1 - MOBILE HOMES 3,686,403 N/A 3,686,403 3,686,403
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 4,487,192 N/A 4,487,192 4,487,192
S - SPECIAL INVENTORY 559,412 N/A 559,412 559,412
Subtotal 1,882,128,345 0 1,837,373,175 1,882,128,345
Less Total Deductions 786,151,649 0 770,965,668 786,151,649
Total Taxable Value 1,095,976,696 0 1,066,407,507 1,095,976,696

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 1,208,070,450 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,095,976,696 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,208,070,450 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,095,976,696 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 1,386,406,943 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 1,433,177,742 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,210,830,173 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
T19 1,464,914,429 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 1,151,179,791 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,208,070,450 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,095,976,696 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,208,070,450 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,095,976,696 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 1,386,406,943 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 1,433,177,742 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,210,830,173 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
T20 1,464,914,429 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 1,151,179,791 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 112,093,754 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 178,336,493 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 46,770,799 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 31,736,687 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 55,203,095 Loss to the increase in the Over-65/Disabled Homestead

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


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212-902-02/Bullard ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 2,188,752,585 1.0170 2,152,178,019 2,188,752,585
B - MULTIFAMILY 40,971,918 N/A 40,971,918 40,971,918
C1 - VACANT LOTS 87,209,887 N/A 87,209,887 87,209,887
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,998,333 1.3662 2,926,692 3,998,333
D2 - FARM & RANCH IMP 5,937,518 N/A 5,937,518 5,937,518
E - NON-AG LAND AND IMPROVEMENTS 337,838,800 1.0105 334,342,822 337,838,800
F1 - COMMERCIAL REAL 109,570,291 N/A 109,570,291 109,570,291
F2 - INDUSTRIAL REAL 4,089,750 N/A 4,089,750 4,089,750
G - ALL MINERALS 20,740,407 N/A 20,740,407 20,740,407
J - ALL UTILITIES 23,542,454 N/A 23,542,454 23,542,454
L1 - COMMERCIAL PERSONAL 23,150,226 N/A 23,150,226 23,150,226
L2 - INDUSTRIAL PERSONAL 46,620,912 N/A 46,620,912 46,620,912
M1 - MOBILE HOMES 13,159,873 N/A 13,159,873 13,159,873
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,532,822 N/A 5,532,822 5,532,822
S - SPECIAL INVENTORY 559,412 N/A 559,412 559,412
Subtotal 2,911,675,188 2,870,533,003 2,911,675,188
Less Total Deductions 1,155,785,356 1,142,348,347 1,155,785,356
Total Taxable Value 1,755,889,832 1,728,184,656 1,755,889,832

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 1,915,253,702 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 1,755,889,832 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 1,915,253,702 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 1,755,889,832 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,173,352,158 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 2,241,634,839 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 1,927,792,391 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
T19 2,288,141,006 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 1,834,235,255 T-2 plus the cost of the most recent increase in the mandatory over-65 and disabled homestead exemptions

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 1,915,253,702 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 1,755,889,832 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 1,915,253,702 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 1,755,889,832 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,173,352,158 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 2,241,634,839 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 1,927,792,391 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
T20 2,288,141,006 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 1,834,235,255 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 159,363,870 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 258,098,456 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 68,282,681 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 46,506,167 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 78,345,423 Loss to the increase in the Over-65/Disabled Homestead

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