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 552,295,762 0 548,937,377 552,295,762
Total Taxable Value 696,310,906 0 702,946,157 696,310,906

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 770,267,225 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 696,310,906 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 770,267,225 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 696,310,906 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 910,687,672 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 950,925,012 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 746,616,675 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 979,295,347 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 738,352,407 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 770,267,225 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 696,310,906 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 770,267,225 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 696,310,906 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 910,687,672 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 950,925,012 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 746,616,675 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 979,295,347 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 738,352,407 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.


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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 552,295,762 548,937,377 552,295,762
Total Taxable Value 696,310,906 702,946,157 696,310,906

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 770,267,225 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 696,310,906 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption
T3 770,267,225 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 696,310,906 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 910,687,672 T-1 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T15 950,925,012 T-13 plus the cost of the third most recent increase for that SDPVS year in the mandatory homestead exemptions
T17 746,616,675 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 979,295,347 T-15 plus the cost of the fourth most recent increase for that PVS year in the mandatory homestead exemptions
T21 738,352,407 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 770,267,225 School district taxable value for I&S purposes before the loss to the increase in the state-mandated homestead exemption
T8 696,310,906 School district taxable value for I&S purposes after the loss to the increase in the state-mandated homestead exemption
T9 770,267,225 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 696,310,906 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 910,687,672 T-7 plus the cost of the second most recent increase for that SDPVS year in the mandatory homestead exemptions
T16 950,925,012 T-14 plus the cost of the third most recent increases for that SDPVS year in the mandatory homestead exemptions
T18 746,616,675 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 979,295,347 T-19 plus the loss to chapter 313 agreements and JETI agreements
T22 738,352,407 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

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