taxes Property Tax Assistance

2017 State Totals

Totals by Category

Category 2017
Local Value
2017
PTAD Value
2017
Value Assigned
A Single-Family Residences 1,412,209,691,389 1,436,881,593,188 1,413,268,550,279
B Multifamily Residences 176,841,391,915 179,940,906,288 176,841,391,915
C1 Vacant Lots 50,165,148,377 51,859,193,544 50,202,126,557
C2 Colonia Lots 104,458,564 104,458,564 104,458,564
D1 Real Prop. Qualified Acres 12,682,365,894 12,550,084,391 12,780,124,432
D2 Real Property Farm and Ranch 5,017,758,890 5,014,943,833 5,017,901,261
E Real Property - Non Qualified Acres 87,445,005,007 90,809,776,927 88,095,831,122
F1 Commercial Real 446,156,894,405 460,241,239,976 446,198,817,935
F2 Industrial Real 139,168,976,449 139,168,976,449 139,168,976,449
G Oil, Gas, & Minerals 75,058,698,059 74,965,544,785 75,064,733,001
J Utilities 75,863,519,754 78,628,530,376 76,290,981,299
L1 Commercial Personal 160,258,556,940 161,581,255,843 160,275,386,794
L2 Industrial Personal 117,295,322,616 117,295,322,616 117,295,322,616
M Mobile Homes & Other Personal 6,887,144,997 6,887,144,997 6,887,144,997
N Intangible Personal Property 29,170 29,170 29,170
O Residential Inventory 10,902,445,569 10,902,445,569 10,902,445,569
S Special Inventory 7,825,818,194 7,825,818,194 7,825,818,194
Subtotal 2,783,883,226,189 2,834,657,264,710 2,786,220,040,154
Less Total Deductions 389,745,247,055 396,343,771,487 390,076,932,542
Total Taxable Value 2,394,137,979,134 2,438,313,493,223 2,396,143,107,612

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
2,445,244,982,465 2,396,143,107,612 2,421,243,479,069 2,372,141,604,216

Loss to
the Additional
$10,000 Homestead
Exemption
50% of the Loss
to the Local Optional
Percentage Homestead
Exemption
49,101,874,853 24,001,503,396

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
2,480,306,369,776 2,431,204,494,923 2,456,304,866,380 2,407,202,991,527

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 127,931,539,106 127,931,539,106 127,931,539,106
Homestead - State-Mandated Over-65 or Disabled $10,000 17,236,073,114 17,236,073,114 17,236,073,114
Homestead - 100% Disabled Or Unemployable Veterans 11,605,541,796 11,605,541,796 11,605,541,796
Homestead - Disabled Or Deceased Veterans 1,913,144,884 1,913,144,884 1,913,144,884
Homestead - Over-65 or Disabled Freeze Loss 100,349,108,677 106,175,014,647 100,647,459,551
Homestead - 10% Appraisal Cap Loss 38,590,869,406 39,363,487,868 38,624,204,019
Freeport 28,671,018,172 28,671,018,172 28,671,018,172
Pollution Control 10,130,580,992 10,130,580,992 10,130,580,992
Difference Between Taxable and Limited Value for
Chapter 313 Value Limitation Agreement
35,061,387,311 35,061,387,311 35,061,387,311
Tax Increment Financing 16,129,831,025 16,129,831,025 16,129,831,025
Low Income Housing, Counties Under 1.8 Million Pop 28,497,719 28,497,719 28,497,719
Solar and Wind-Powered 67,853,539 67,853,539 67,853,539
Deferred Taxes 1,879,474,975 1,879,474,975 1,879,474,975
Prorations 146,332,227 146,332,227 146,332,227
Home Donated by Charity to Disabled Veteran 3,994,112 3,994,112 3,994,112
Total Deductions Allowed in PVS 389,745,247,055 396,343,771,487 390,076,932,542