taxes Property Tax Assistance

2018 State Totals

Totals by Category

Category 2018
Local Value
2018
PTAD Value
2018
Value Assigned
A Single-Family Residences 1,504,728,161,247 1,533,037,991,527 1,506,658,602,354
B Multifamily Residences 198,154,134,552 205,074,587,495 198,578,328,010
C1 Vacant Lots 52,526,356,957 53,874,185,854 52,638,453,828
C2 Colonia Lots 85,014,506 85,014,506 85,014,506
D1 Real Prop. Qualified Acres 13,193,495,609 13,039,678,817 13,262,459,872
D2 Real Property Farm and Ranch 3,941,548,048 3,944,559,932 3,942,467,709
E Real Property - Non Qualified Acres 94,253,092,414 97,596,467,732 95,205,846,677
F1 Commercial Real 474,420,078,740 491,193,854,820 474,931,637,968
F2 Industrial Real 151,702,084,471 151,702,084,471 151,702,084,471
G Oil, Gas, & Minerals 96,345,897,716 95,979,180,130 96,326,975,723
J Utilities 78,743,665,373 81,401,585,431 78,983,882,668
L1 Commercial Personal 164,511,633,507 163,866,626,794 164,547,188,709
L2 Industrial Personal 122,129,940,931 122,129,940,931 122,129,940,931
M Mobile Homes & Other Personal 7,344,318,788 7,344,318,788 7,344,318,788
N Intangible Personal Property 72,800 72,800 72,800
O Residential Inventory 12,225,534,798 12,225,534,798 12,225,534,798
S Special Inventory 7,750,129,968 7,750,129,968 7,750,129,968
Subtotal 2,982,055,160,425 3,040,245,814,794 2,986,312,939,780
Less Total Deductions 411,952,558,333 419,847,572,704 412,691,019,554
Total Taxable Value 2,570,102,602,092 2,620,398,242,090 2,573,621,920,226

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
2,623,113,527,491 2,573,621,920,226 2,598,275,471,223 2,548,783,863,958

Loss to
the Additional
$10,000 Homestead
Exemption
50% of the Loss
to the Local Optional
Percentage Homestead
Exemption
49,491,607,265 24,838,056,268

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
2,663,132,939,888 2,613,641,332,623 2,638,294,883,620 2,588,803,276,355

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 129,735,885,421 129,735,885,421 129,735,885,421
Homestead - State-Mandated Over-65 or Disabled $10,000 17,851,586,247 17,851,586,247 17,851,586,247
Homestead - 100% Disabled Or Unemployable Veterans 13,533,917,654 13,533,917,654 13,533,917,654
Homestead - Disabled Or Deceased Veterans 2,006,594,163 2,006,594,163 2,006,594,163
Homestead - Over-65 or Disabled Freeze Loss 110,958,504,227 117,969,151,267 111,626,754,826
Homestead - 10% Appraisal Cap Loss 36,485,095,024 37,369,462,355 36,555,305,646
Freeport 30,069,866,580 30,069,866,580 30,069,866,580
Pollution Control 10,787,428,456 10,787,428,456 10,787,428,456
Difference Between Taxable and Limited Value for
Chapter 313 Value Limitation Agreement
40,019,412,397 40,019,412,397 40,019,412,397
Tax Increment Financing 17,251,339,801 17,251,339,801 17,251,339,801
Low Income Housing, Counties Under 1.8 Million Pop 11,763,241 11,763,241 11,763,241
Solar and Wind-Powered 84,911,795 84,911,795 84,911,795
Deferred Taxes 2,025,988,984 2,025,988,984 2,025,988,984
Prorations 228,012,382 228,012,382 228,012,382
Home Donated by Charity to Disabled Veteran 3,600,794 3,600,794 3,600,794
Total Deductions Allowed in PVS 411,952,558,333 419,847,572,704 412,691,019,554