taxes Property Tax Assistance

2018 ISD Summary Worksheet

222/Terrell

222-901/Terrell County ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 22,848,934 .9125 25,039,928 22,848,934
B. Multi-Family Residences 348,667 N/A 348,667 348,667
C1. Vacant Lots 1,133,112 N/A 1,133,112 1,133,112
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,706,501 1.5729 9,985,852 15,706,501
D2. Real Prop Farm & Ranch 1,399,311 N/A 1,399,311 1,399,311
E. Real Prop NonQual Acres 10,119,781 N/A 10,119,781 10,119,781
F1. Commercial Real 2,498,050 N/A 2,498,050 2,498,050
F2. Industrial Real 2,586,950 N/A 2,586,950 2,586,950
G. Oil, Gas, Minerals 73,930,240 1.0008 73,871,143 73,930,240
J. Utilities 111,700,170 .9960 112,148,765 111,700,170
L1. Commercial Personal 1,201,590 N/A 1,201,590 1,201,590
L2. Industrial Personal 5,363,900 N/A 5,363,900 5,363,900
M. Other Personal 326,910 N/A 326,910 326,910
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 249,244,185 246,104,028 249,244,185
Less Total Deductions 10,177,996   10,832,936 10,177,996
Total Taxable Value 239,066,189 235,271,092 239,066,189 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
241,319,038 239,066,189 240,043,507 237,790,658


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,252,849 1,275,531


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
241,319,038 239,066,189 240,043,507 237,790,658

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