taxes Property Tax Assistance

2017 State Totals

Totals by Category

Category 2017
Local Value
2017
PTAD Value
2017
Value Assigned
A Single-Family Residences 1,411,962,733,403 1,436,331,550,689 1,412,602,282,125
B Multifamily Residences 176,227,047,818 179,331,479,736 176,227,047,818
C1 Vacant Lots 50,221,077,176 51,917,585,016 50,253,247,115
C2 Colonia Lots 104,458,564 104,458,564 104,458,564
D1 Real Prop. Qualified Acres 12,684,890,355 12,519,717,835 12,737,604,137
D2 Real Property Farm and Ranch 5,124,099,263 5,118,349,737 5,124,245,985
E Real Property - Non Qualified Acres 87,303,129,047 90,416,820,872 87,604,992,711
F1 Commercial Real 444,827,428,258 458,724,675,667 444,838,817,946
F2 Industrial Real 138,517,088,014 138,517,088,014 138,517,088,014
G Oil, Gas, & Minerals 75,081,343,182 74,988,275,150 75,083,338,650
J Utilities 75,823,725,228 76,994,565,674 75,862,554,365
L1 Commercial Personal 159,162,867,091 160,505,657,123 159,168,193,508
L2 Industrial Personal 117,077,175,988 117,077,175,988 117,077,175,988
M Mobile Homes & Other Personal 6,887,174,638 6,887,174,638 6,887,174,638
N Intangible Personal Property 29,170 29,170 29,170
O Residential Inventory 10,898,221,805 10,898,221,805 10,898,221,805
S Special Inventory 7,704,165,017 7,704,165,017 7,704,165,017
Subtotal 2,779,606,654,017 2,828,036,990,695 2,780,690,637,556
Less Total Deductions 391,204,228,958 397,715,497,532 391,388,022,086
Total Taxable Value 2,388,402,425,059 2,430,321,493,163 2,389,302,615,470

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
2,438,519,744,414 2,389,302,615,470 2,414,484,826,296 2,365,267,697,352

Loss to
the Additional
$10,000 Homestead
Exemption
50% of the Loss
to the Local Optional
Percentage Homestead
Exemption
49,217,128,944 24,034,918,118

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
2,473,626,131,725 2,424,409,002,781 2,449,591,213,607 2,400,374,084,663

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 128,220,313,197 128,220,313,197 128,220,313,197
Homestead - State-Mandated Over-65 or Disabled $10,000 17,369,159,368 17,369,159,368 17,369,159,368
Homestead - 100% Disabled Or Unemployable Veterans 11,770,217,342 11,770,217,342 11,770,217,342
Homestead - Disabled Or Deceased Veterans 1,925,481,670 1,925,481,670 1,925,481,670
Homestead - Over-65 or Disabled Freeze Loss 100,495,922,432 106,244,885,762 100,655,889,777
Homestead - 10% Appraisal Cap Loss 38,531,403,618 39,293,708,862 38,555,229,401
Freeport 28,745,938,951 28,745,938,951 28,745,938,951
Pollution Control 10,136,424,675 10,136,424,675 10,136,424,675
Difference Between Taxable and Limited Value for
Chapter 313 Value Limitation Agreement
35,106,387,311 35,106,387,311 35,106,387,311
Tax Increment Financing 16,127,528,983 16,127,528,983 16,127,528,983
Low Income Housing, Counties Under 1.8 Million Pop 28,497,719 28,497,719 28,497,719
Solar and Wind-Powered 64,357,524 64,357,524 64,357,524
Deferred Taxes 2,043,903,030 2,043,903,030 2,043,903,030
Prorations 227,592,395 227,592,395 227,592,395
Home Donated by Charity to Disabled Veteran 3,994,112 3,994,112 3,994,112
Total Deductions Allowed in PVS 391,204,228,958 397,715,497,532 391,388,022,086