taxes Property Tax Assistance

2016 State Totals

Totals by Category

Category 2016
Local Value 		2016
PTAD Value 		2016
Value Assigned
A Single-Family Residences 1,311,279,921,097 1,336,178,575,224 1,312,357,528,921
B Multifamily Residences 158,464,156,470 161,997,022,158 158,515,780,320
C1 Vacant Lots 47,859,766,036 48,948,360,562 47,885,953,154
C2 Colonia Lots 117,976,253 117,976,253 117,976,253
D1 Real Prop. Qualified Acres 12,962,418,388 12,952,875,443 13,025,808,571
D2 Real Property Farm and Ranch 4,166,353,593 4,168,358,242 4,166,353,593
E Real Property - Non Qualified Acres 82,221,400,078 84,397,794,546 82,807,366,690
F1 Commercial Real 416,017,872,681 428,109,363,753 416,210,091,817
F2 Industrial Real 127,662,750,040 127,662,750,040 127,662,750,040
G Oil, Gas, & Minerals 64,159,433,656 63,528,418,725 64,153,990,775
J Utilities 71,334,130,181 72,784,590,570 71,381,725,625
L1 Commercial Personal 156,817,967,950 156,729,521,313 156,825,229,318
L2 Industrial Personal 122,110,393,427 122,110,393,427 122,110,393,427
M Mobile Homes & Other Personal 6,516,064,989 6,516,064,989 6,516,064,989
N Intangible Personal Property 108,541 108,541 108,541
O Residential Inventory 9,856,297,718 9,856,297,718 9,856,297,718
S Special Inventory 7,643,268,170 7,643,268,170 7,643,268,170
Subtotal 2,599,190,279,268 2,643,701,739,674 2,601,236,687,922
Less Total Deductions 368,322,692,393 374,720,080,372 368,635,466,737
Total Taxable Value 2,230,867,586,875 2,268,981,659,302 2,232,601,221,185

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 T4 will be the same as T7 through T10.

Value Taxable for M&O Purposes

PVS Deductions

T1 T2 T3 T4
2,281,057,747,041 2,232,601,221,185 2,258,594,176,388 2,210,137,650,532

Loss to
the Additional
$10,000 Homestead
Exemption 		50% of the Loss
to the Local Optional
Percentage Homestead
Exemption
48,456,525,856 22,463,570,653

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

Value Taxable for I&S Purposes

T7 T8 T9 T10
2,308,057,628,369 2,259,601,102,513 2,285,594,057,716 2,237,137,531,860

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

Deduction Detail

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 126,308,463,463 126,308,463,463 126,308,463,463
Homestead - State-Mandated Over-65 or Disabled $10,000 16,588,693,630 16,588,693,630 16,588,693,630
Homestead - 100% Disabled Or Unemployable Veterans 9,303,823,260 9,303,823,260 9,303,823,260
Homestead - Disabled Or Deceased Veterans 1,836,583,682 1,836,583,682 1,836,583,682
Homestead - Over-65 or Disabled Freeze Loss 88,210,763,753 93,675,533,839 88,491,037,048
Homestead - 10% Appraisal Cap Loss 41,721,342,839 42,653,960,732 41,753,843,888
Freeport 30,269,906,879 30,269,906,879 30,269,906,879
Pollution Control 10,036,525,035 10,036,525,035 10,036,525,035
Difference Between Taxable and Limited Value for
Chapter 313 Value Limitation Agreement 		26,999,881,328 26,999,881,328 26,999,881,328
Tax Increment Financing 14,897,752,003 14,897,752,003 14,897,752,003
Low Income Housing, Counties Under 1.8 Million Pop 25,981,333 25,981,333 25,981,333
Solar and Wind-Powered 56,971,391 56,971,391 56,971,391
Deferred Taxes 1,927,915,382 1,927,915,382 1,927,915,382
Prorations 135,745,774 135,745,774 135,745,774
Home Donated by Charity to Disabled Veteran 2,342,641 2,342,641 2,342,641
Total Deductions Allowed in PVS 368,322,692,393 374,720,080,372 368,635,466,737