taxes Property Tax Assistance

2025 ISD Summary Worksheet

Quitman ISD (all splits)   Wood County  

250-Wood/Wood County

250-904/Quitman ISD

Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 511,503,593 1.0121 505,388,393 511,503,593
B - MULTIFAMILY 8,274,630 N/A 8,274,630 8,274,630
C1 - VACANT LOTS 27,025,460 N/A 27,025,460 27,025,460
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,333,253 1.2634 9,761,773 12,333,253
D2 - FARM & RANCH IMP 10,844,787 N/A 10,844,787 10,844,787
E - NON-AG LAND AND IMPROVEMENTS 485,479,649 1.0159 477,881,336 485,479,649
F1 - COMMERCIAL REAL 71,977,024 0.7863 91,538,883 71,977,024
F2 - INDUSTRIAL REAL 3,172,282 N/A 3,172,282 3,172,282
G - ALL MINERALS 25,156,540 N/A 25,156,540 25,156,540
J - ALL UTILITIES 44,742,550 N/A 44,742,550 44,742,550
L1 - COMMERCIAL PERSONAL 21,683,160 N/A 21,683,160 21,683,160
L2 - INDUSTRIAL PERSONAL 13,675,730 N/A 13,675,730 13,675,730
M1 - MOBILE HOMES 11,709,660 N/A 11,709,660 11,709,660
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 9,500 N/A 9,500 9,500
S - SPECIAL INVENTORY 1,018,850 N/A 1,018,850 1,018,850
Subtotal 1,248,606,668 0 1,251,883,534 1,248,606,668
Less Total Deductions 528,331,032 0 525,797,187 528,331,032
Total Taxable Value 720,275,636 0 726,086,347 720,275,636

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 794,231,955 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 720,275,636 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 794,231,955 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 720,275,636 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 934,652,402 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 974,889,742 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 747,861,686 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 1,003,260,077 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 762,317,137 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 794,231,955 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 720,275,636 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 794,231,955 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 720,275,636 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 934,652,402 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 974,889,742 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 747,861,686 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 1,003,260,077 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 762,317,137 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 73,956,319 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 140,420,447 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 40,237,340 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 28,370,335 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 42,041,501 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.


Back to top

250-904-02/Quitman ISD



Category Local Tax Roll Value 2025 WTD Mean Ratio 2025 PTAD Value Estimate 2025 Value Assigned
A - SINGLE-FAMILY 511,503,593 1.0121 505,388,393 511,503,593
B - MULTIFAMILY 8,274,630 N/A 8,274,630 8,274,630
C1 - VACANT LOTS 27,025,460 N/A 27,025,460 27,025,460
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,333,253 1.2634 9,761,773 12,333,253
D2 - FARM & RANCH IMP 10,844,787 N/A 10,844,787 10,844,787
E - NON-AG LAND AND IMPROVEMENTS 485,479,649 1.0159 477,881,336 485,479,649
F1 - COMMERCIAL REAL 71,977,024 0.7863 91,538,883 71,977,024
F2 - INDUSTRIAL REAL 3,172,282 N/A 3,172,282 3,172,282
G - ALL MINERALS 25,156,540 N/A 25,156,540 25,156,540
J - ALL UTILITIES 44,742,550 N/A 44,742,550 44,742,550
L1 - COMMERCIAL PERSONAL 21,683,160 N/A 21,683,160 21,683,160
L2 - INDUSTRIAL PERSONAL 13,675,730 N/A 13,675,730 13,675,730
M1 - MOBILE HOMES 11,709,660 N/A 11,709,660 11,709,660
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 9,500 N/A 9,500 9,500
S - SPECIAL INVENTORY 1,018,850 N/A 1,018,850 1,018,850
Subtotal 1,248,606,668 1,251,883,534 1,248,606,668
Less Total Deductions 528,331,032 525,797,187 528,331,032
Total Taxable Value 720,275,636 726,086,347 720,275,636

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 794,231,955 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 720,275,636 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 794,231,955 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 720,275,636 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 934,652,402 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 974,889,742 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 747,861,686 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 1,003,260,077 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 762,317,137 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 794,231,955 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 720,275,636 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 794,231,955 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 720,275,636 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 934,652,402 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 974,889,742 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 747,861,686 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 1,003,260,077 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 762,317,137 T-21 plus the loss to chapter 313 agreements and JETI agreements

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 73,956,319 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 140,420,447 Loss to the second most recent increase in the state-mandated homestead exemption
LOSS_SCND_INCR_HMSTD 40,237,340 Loss to the third most recent increase in the state-mandated homestead exemption
LOSS_THRD_INCR_HMSTD 28,370,335 Loss to the fourth most recent increase in the Homestead Exemption Formulas
LOSS_INCR_O65_HMSTD 42,041,501 Loss to the increase in the Over-65/Disabled Homestead

Back to top