taxes Property Tax Assistance

2017 ISD Summary Worksheet

222/Terrell

222-901/Terrell County ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 23,141,220 N/A 23,141,220 23,141,220
B. Multi-Family Residences 353,916 N/A 353,916 353,916
C1. Vacant Lots 1,144,444 N/A 1,144,444 1,144,444
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,895,742 N/A 15,895,742 15,895,742
D2. Real Prop Farm & Ranch 1,363,876 N/A 1,363,876 1,363,876
E. Real Prop NonQual Acres 10,185,898 N/A 10,185,898 10,185,898
F1. Commercial Real 2,541,201 N/A 2,541,201 2,541,201
F2. Industrial Real 2,874,850 N/A 2,874,850 2,874,850
G. Oil, Gas, Minerals 72,993,490 N/A 72,993,490 72,993,490
J. Utilities 111,284,170 N/A 111,284,170 111,284,170
L1. Commercial Personal 1,015,120 N/A 1,015,120 1,015,120
L2. Industrial Personal 10,936,880 N/A 10,936,880 10,936,880
M. Other Personal 282,421 N/A 282,421 282,421
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 80,069 N/A 80,069 80,069
S. Special Inventory 0 N/A 0 0
Subtotal 254,093,297 254,093,297 254,093,297
Less Total Deductions 10,408,730   10,408,730 10,408,730
Total Taxable Value 243,684,567 243,684,567 243,684,567 T2

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 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 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

T1 T2 T3 T4
245,934,935 243,684,567 244,646,751 242,396,383


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,250,368 1,288,184


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
245,934,935 243,684,567 244,646,751 242,396,383

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

The PVS found your local value to be valid, and local value was certified