taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 State Totals

Totals by Category

Category 2013
Local Value
2013
PTAD Value
2013
Value Assigned
A Single-Family Residences 992,795,685,924 1,011,495,577,871 992,997,860,538
B Multifamily Residences 104,145,520,266 106,862,811,971 104,145,520,266
C1 Vacant Lots 39,344,410,771 39,835,247,001 39,353,687,682
C2 Colonia Lots 498,630,320 498,630,320 498,630,320
D1 Real Prop. Qualified Acres 13,122,888,061 13,200,101,725 13,134,270,069
D2 Real Property Farm and Ranch 5,764,521,570 5,765,189,873 5,764,521,570
E Real Property - Non Qualified Acres 64,991,707,188 66,375,209,799 65,055,796,383
F1 Commercial Real 317,584,857,021 324,570,923,383 317,615,243,815
F2 Industrial Real 104,583,295,330 104,583,295,330 104,583,295,330
G Oil, Gas, & Minerals 133,472,377,177 132,709,733,521 133,469,263,469
J Utilities 58,231,442,924 58,478,605,142 58,246,783,471
L1 Commercial Personal 135,481,087,012 135,754,336,795 135,480,275,198
L2 Industrial Personal 119,028,197,486 119,028,197,486 119,028,197,486
M Mobile Homes & Other Personal 5,751,444,786 5,751,444,786 5,751,444,786
N Intangible Personal Property 128,930 128,930 128,930
O Residential Inventory 7,174,414,685 7,174,414,685 7,174,414,685
S Special Inventory 5,474,586,298 5,474,586,298 5,474,586,298
Subtotal 2,107,445,195,749 2,137,558,434,916 2,107,773,920,296
Less Total Deductions 236,187,835,732 240,388,934,476 236,246,205,048
Total Taxable Value 1,871,257,360,017 1,897,169,500,440 1,871,527,715,248

Measures of a School District Wealth

Government Code Subsections 403.302 (J) and (K) require the Comptroller to certify alternative measures of school district wealth. These measures are reported for taxable values for Maintenance and Operations (M&O) tax purposes and for Interest and Sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T6 will be the same as T7 through T12.

Value Taxable for M&O Purposes

T1 T2 T3 T4 T5 T6
1,920,746,452,640 1,871,527,715,248 1,903,034,460,605 1,853,815,723,213 1,881,632,818,699 1,863,920,826,664

PVS Deductions

Loss to
the Additional
$10,000 Homestead
Exemption
50% of the Loss
to the Local Optional
Percentage Homestead
Exemption
49,218,737,392 17,711,992,035

T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption
T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction
T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption
T5 = T2 before the loss to the tax ceiling reduction
T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable for I&S Purposes

T7 T8 T9 T10 T11 T12
1,938,744,165,188 1,889,525,427,796 1,921,032,173,153 1,871,813,435,761 1,899,630,531,247 1,881,918,539,212

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption
T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction
T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption
T11 = T8 before the loss to the tax ceiling reduction
T12 = T11 minus 50% of the loss to the local optional percentage homestead exemption

Deduction Detail

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated General $15,000 74,461,732,392 74,461,732,392 74,461,732,392
Homestead - State-Mandated Over-65 or Disabled $10,000 15,751,009,627 15,751,009,627 15,751,009,627
Homestead - 100% Disabled Or Unemployable Veterans 5,264,239,460 5,264,239,460 5,264,239,460
Homestead - Disabled Or Deceased Veterans 1,660,763,457 1,660,763,457 1,660,763,457
Homestead - Over-65 or Disabled Freeze Loss 61,533,086,571 65,568,544,777 61,587,768,540
Homestead - 10% Appraisal Cap Loss 7,368,956,753 7,534,597,291 7,372,644,100
Freeport 27,360,868,230 27,360,868,230 27,360,868,230
Pollution Control 10,800,574,602 10,800,574,602 10,800,574,602
Difference Between Taxable and Limited Value for
Chapter 313 Value Limitation Agreement
17,997,712,548 17,997,712,548 17,997,712,548
Tax Increment Financing 11,708,675,562 11,708,675,562 11,708,675,562
Low Income Housing, Counties Under 1.8 Million Pop 67,880,227 67,880,227 67,880,227
Solar and Wind-Powered 51,078,237 51,078,237 51,078,237
Deferred Taxes 1,874,348,803 1,874,348,803 1,874,348,803
Prorations 286,909,263 286,909,263 286,909,263
Total Deductions Allowed in PVS 236,187,835,732 240,388,934,476 236,246,205,048