taxes Property Tax Assistance

2022 ISD Summary Worksheet

222-Terrell/Terrell County

222-901/Terrell County ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	27,640,581	0.9041	30,572,482	27,640,581
B - MULTIFAMILY	219,215	N/A	219,215	219,215
C1 - VACANT LOTS	1,293,229	N/A	1,293,229	1,293,229
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	15,830,405	0.8924	17,738,569	15,830,405
D2 - FARM & RANCH IMP	1,602,196	N/A	1,602,196	1,602,196
E - NON-AG LAND AND IMPROVEMENTS	10,516,197	N/A	10,516,197	10,516,197
F1 - COMMERCIAL REAL	2,469,302	N/A	2,469,302	2,469,302
F2 - INDUSTRIAL REAL	1,767,420	N/A	1,767,420	1,767,420
G - ALL MINERALS	86,830,457	1.0140	85,631,614	86,830,457
J - ALL UTILITIES	126,190,830	0.9548	132,164,673	126,190,830
L1 - COMMERCIAL PERSONAL	942,120	N/A	942,120	942,120
L2 - INDUSTRIAL PERSONAL	6,634,150	N/A	6,634,150	6,634,150
M1 - MOBILE HOMES	328,594	N/A	328,594	328,594
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	82,894	N/A	82,894	82,894
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	282,347,590	0	291,962,655	282,347,590
Less Total Deductions	12,572,430	0	13,418,109	12,572,430
Total Taxable Value	269,775,160	0	278,544,546	269,775,160

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	T13
272,324,292	269,775,160	271,054,502	268,505,370	274,844,292

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
2,549,132	1,269,790	2,520,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
272,324,292	269,775,160	271,054,502	268,505,370	274,844,292

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

222-901-02/Terrell County ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	27,640,581	0.9041	30,572,482	27,640,581
B - MULTIFAMILY	219,215	N/A	219,215	219,215
C1 - VACANT LOTS	1,293,229	N/A	1,293,229	1,293,229
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	15,830,405	0.8924	17,738,569	15,830,405
D2 - FARM & RANCH IMP	1,602,196	N/A	1,602,196	1,602,196
E - NON-AG LAND AND IMPROVEMENTS	10,516,197	N/A	10,516,197	10,516,197
F1 - COMMERCIAL REAL	2,469,302	N/A	2,469,302	2,469,302
F2 - INDUSTRIAL REAL	1,767,420	N/A	1,767,420	1,767,420
G - ALL MINERALS	86,830,457	1.0140	85,631,614	86,830,457
J - ALL UTILITIES	126,190,830	0.9548	132,164,673	126,190,830
L1 - COMMERCIAL PERSONAL	942,120	N/A	942,120	942,120
L2 - INDUSTRIAL PERSONAL	6,634,150	N/A	6,634,150	6,634,150
M1 - MOBILE HOMES	328,594	N/A	328,594	328,594
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	82,894	N/A	82,894	82,894
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	282,347,590		291,962,655	282,347,590
Less Total Deductions	12,572,430		13,418,109	12,572,430
Total Taxable Value	269,775,160		278,544,546	269,775,160

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	T13
272,324,292	269,775,160	271,054,502	268,505,370	274,844,292

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
2,549,132	1,269,790	2,520,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
272,324,292	269,775,160	271,054,502	268,505,370	274,844,292

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement