taxes Property Tax Assistance

2025 ISD Summary Worksheet

Terrell County ISD (all splits)   Terrell County  

222-Terrell/Terrell County

222-901/Terrell County ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 33,276,727 0.8140 40,880,500 40,880,500
B - MULTIFAMILY 95,920 N/A 95,920 95,920
C1 - VACANT LOTS 1,492,877 N/A 1,492,877 1,492,877
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,975,110 1.0227 15,621,119 15,621,119
D2 - FARM & RANCH IMP 1,194,350 N/A 1,194,350 1,194,350
E - NON-AG LAND AND IMPROVEMENTS 11,874,873 0.3491 34,015,677 34,015,677
F1 - COMMERCIAL REAL 2,840,484 N/A 2,840,484 2,840,484
F2 - INDUSTRIAL REAL 1,290,830 N/A 1,290,830 1,290,830
G - ALL MINERALS 18,347,440 1.0002 18,343,771 18,343,771
J - ALL UTILITIES 128,615,430 0.9681 132,853,455 132,853,455
L1 - COMMERCIAL PERSONAL 1,229,340 N/A 1,229,340 1,229,340
L2 - INDUSTRIAL PERSONAL 7,581,700 N/A 7,581,700 7,581,700
M1 - MOBILE HOMES 452,614 N/A 452,614 452,614
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 88,761 N/A 88,761 88,761
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 224,356,456 0 257,981,398 257,981,398
Less Total Deductions 23,450,450 0 23,930,565 23,930,565
Total Taxable Value 200,906,006 0 234,050,833 234,050,833

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 236,016,626 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 234,050,833 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 235,691,660 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 233,725,867 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 242,976,115 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 245,798,483 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 234,190,761 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 247,913,593 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 234,488,601 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 236,016,626 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 234,050,833 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 235,691,660 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 233,725,867 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 242,976,115 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 245,798,483 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 234,190,761 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 247,913,593 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 234,488,601 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,965,793 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 324,966 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 6,959,489 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 2,822,368 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 2,115,110 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 437,768 Loss to the increase in the Over-65/Disabled Homestead

THE SDPVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE THE VALUES FOR YOUR SCHOOL DISTRICT ARE BELOW THE 90% CUTOFF AND YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE.


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222-901-02/Terrell County ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 33,276,727 0.8140 40,880,500 40,880,500
B - MULTIFAMILY 95,920 N/A 95,920 95,920
C1 - VACANT LOTS 1,492,877 N/A 1,492,877 1,492,877
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,975,110 1.0227 15,621,119 15,621,119
D2 - FARM & RANCH IMP 1,194,350 N/A 1,194,350 1,194,350
E - NON-AG LAND AND IMPROVEMENTS 11,874,873 0.3491 34,015,677 34,015,677
F1 - COMMERCIAL REAL 2,840,484 N/A 2,840,484 2,840,484
F2 - INDUSTRIAL REAL 1,290,830 N/A 1,290,830 1,290,830
G - ALL MINERALS 18,347,440 1.0002 18,343,771 18,343,771
J - ALL UTILITIES 128,615,430 0.9681 132,853,455 132,853,455
L1 - COMMERCIAL PERSONAL 1,229,340 N/A 1,229,340 1,229,340
L2 - INDUSTRIAL PERSONAL 7,581,700 N/A 7,581,700 7,581,700
M1 - MOBILE HOMES 452,614 N/A 452,614 452,614
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 88,761 N/A 88,761 88,761
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 224,356,456 257,981,398 257,981,398
Less Total Deductions 23,450,450 23,930,565 23,930,565
Total Taxable Value 200,906,006 234,050,833 234,050,833

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 236,016,626 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 234,050,833 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 235,691,660 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 233,725,867 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 242,976,115 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 245,798,483 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 234,190,761 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 247,913,593 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 234,488,601 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 236,016,626 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 234,050,833 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 235,691,660 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 233,725,867 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 242,976,115 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 245,798,483 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 234,190,761 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 247,913,593 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 234,488,601 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 1,965,793 Loss to the most recent increase in the state-mandated homestead exemption
LOSS_LOCL_HMSTD 324,966 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 6,959,489 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 2,822,368 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 2,115,110 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 437,768 Loss to the increase in the Over-65/Disabled Homestead

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