taxes Property Tax Assistance

2025 ISD Summary Worksheet

Meadow ISD (all splits)   Terry County  

223-Terry/Terry County

223-902/Meadow ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 16,189,567 0.9341 17,331,728 17,331,728
B - MULTIFAMILY 62,281 N/A 62,281 62,281
C1 - VACANT LOTS 199,445 N/A 199,445 199,445
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,291,630 0.3257 10,107,066 10,107,066
D2 - FARM & RANCH IMP 3,090,137 N/A 3,090,137 3,090,137
E - NON-AG LAND AND IMPROVEMENTS 17,096,451 0.9711 17,605,243 17,605,243
F1 - COMMERCIAL REAL 885,751 N/A 885,751 885,751
F2 - INDUSTRIAL REAL 1,262,227 N/A 1,262,227 1,262,227
G - ALL MINERALS 9,950,546 1.0002 9,948,556 9,948,556
J - ALL UTILITIES 15,487,530 0.9223 16,792,291 16,792,291
L1 - COMMERCIAL PERSONAL 142,760 N/A 142,760 142,760
L2 - INDUSTRIAL PERSONAL 3,139,287 N/A 3,139,287 3,139,287
M1 - MOBILE HOMES 435,887 N/A 435,887 435,887
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 71,233,499 0 81,002,659 81,002,659
Less Total Deductions 19,195,965 0 19,418,581 19,418,581
Total Taxable Value 52,037,534 0 61,584,078 61,584,078

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 64,658,957 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 61,584,078 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 64,658,957 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 61,584,078 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 70,559,014 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 72,403,379 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 61,584,078 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 73,783,498 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 62,446,322 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 64,658,957 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 61,584,078 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 64,658,957 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 61,584,078 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 70,559,014 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 72,403,379 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 61,584,078 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 73,783,498 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 62,446,322 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,074,879 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 5,900,057 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 1,844,365 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 1,380,119 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 862,244 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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223-902-02/Meadow ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 16,189,567 0.9341 17,331,728 17,331,728
B - MULTIFAMILY 62,281 N/A 62,281 62,281
C1 - VACANT LOTS 199,445 N/A 199,445 199,445
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,291,630 0.3257 10,107,066 10,107,066
D2 - FARM & RANCH IMP 3,090,137 N/A 3,090,137 3,090,137
E - NON-AG LAND AND IMPROVEMENTS 17,096,451 0.9711 17,605,243 17,605,243
F1 - COMMERCIAL REAL 885,751 N/A 885,751 885,751
F2 - INDUSTRIAL REAL 1,262,227 N/A 1,262,227 1,262,227
G - ALL MINERALS 9,950,546 1.0002 9,948,556 9,948,556
J - ALL UTILITIES 15,487,530 0.9223 16,792,291 16,792,291
L1 - COMMERCIAL PERSONAL 142,760 N/A 142,760 142,760
L2 - INDUSTRIAL PERSONAL 3,139,287 N/A 3,139,287 3,139,287
M1 - MOBILE HOMES 435,887 N/A 435,887 435,887
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 71,233,499 81,002,659 81,002,659
Less Total Deductions 19,195,965 19,418,581 19,418,581
Total Taxable Value 52,037,534 61,584,078 61,584,078

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 64,658,957 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 61,584,078 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 64,658,957 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 61,584,078 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 70,559,014 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 72,403,379 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 61,584,078 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 73,783,498 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 62,446,322 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 64,658,957 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 61,584,078 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 64,658,957 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 61,584,078 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 70,559,014 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 72,403,379 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 61,584,078 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 73,783,498 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 62,446,322 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 3,074,879 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 5,900,057 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 1,844,365 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 1,380,119 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 862,244 Loss to the increase in the Over-65/Disabled Homestead

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