taxes Property Tax Assistance

2023 ISD Summary Worksheet

Quitman ISD (all splits)   Wood County  

250-Wood/Wood County

250-904/Quitman ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 334,501,867 1.0138 329,948,577 334,501,867
B - MULTIFAMILY 7,364,200 N/A 7,364,200 7,364,200
C1 - VACANT LOTS 20,810,450 N/A 20,810,450 20,810,450
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,676,725 1.2036 10,532,627 12,676,725
D2 - FARM & RANCH IMP 6,790,324 N/A 6,790,324 6,790,324
E - NON-AG LAND AND IMPROVEMENTS 477,389,581 0.9687 492,814,680 477,389,581
F1 - COMMERCIAL REAL 80,007,955 0.9791 81,715,816 80,007,955
F2 - INDUSTRIAL REAL 1,171,370 N/A 1,171,370 1,171,370
G - ALL MINERALS 32,233,620 N/A 32,233,620 32,233,620
J - ALL UTILITIES 40,025,030 N/A 40,025,030 40,025,030
L1 - COMMERCIAL PERSONAL 25,187,390 N/A 25,187,390 25,187,390
L2 - INDUSTRIAL PERSONAL 6,704,070 N/A 6,704,070 6,704,070
M1 - MOBILE HOMES 6,714,530 N/A 6,714,530 6,714,530
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 660,510 N/A 660,510 660,510
S - SPECIAL INVENTORY 995,500 N/A 995,500 995,500
Subtotal 1,053,233,122 0 1,063,668,694 1,053,233,122
Less Total Deductions 401,163,853 0 396,714,266 401,163,853
Total Taxable Value 652,069,269 0 666,954,428 652,069,269

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

Measure Value Description
T1 761,085,662 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 652,069,269 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 761,085,662 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 652,069,269 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 807,000,662 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 837,610,662 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 689,986,835 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 761,085,662 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 652,069,269 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 761,085,662 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 652,069,269 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 807,000,662 T13 plus the loss to the chapter 313 agreement
T16 837,610,662 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 689,986,835 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 109,016,393 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 45,915,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 30,610,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


Back to top

250-904-02/Quitman ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 334,501,867 1.0138 329,948,577 334,501,867
B - MULTIFAMILY 7,364,200 N/A 7,364,200 7,364,200
C1 - VACANT LOTS 20,810,450 N/A 20,810,450 20,810,450
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,676,725 1.2036 10,532,627 12,676,725
D2 - FARM & RANCH IMP 6,790,324 N/A 6,790,324 6,790,324
E - NON-AG LAND AND IMPROVEMENTS 477,389,581 0.9687 492,814,680 477,389,581
F1 - COMMERCIAL REAL 80,007,955 0.9791 81,715,816 80,007,955
F2 - INDUSTRIAL REAL 1,171,370 N/A 1,171,370 1,171,370
G - ALL MINERALS 32,233,620 N/A 32,233,620 32,233,620
J - ALL UTILITIES 40,025,030 N/A 40,025,030 40,025,030
L1 - COMMERCIAL PERSONAL 25,187,390 N/A 25,187,390 25,187,390
L2 - INDUSTRIAL PERSONAL 6,704,070 N/A 6,704,070 6,704,070
M1 - MOBILE HOMES 6,714,530 N/A 6,714,530 6,714,530
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 660,510 N/A 660,510 660,510
S - SPECIAL INVENTORY 995,500 N/A 995,500 995,500
Subtotal 1,053,233,122 1,063,668,694 1,053,233,122
Less Total Deductions 401,163,853 396,714,266 401,163,853
Total Taxable Value 652,069,269 666,954,428 652,069,269

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

Measure Value Description
T1 761,085,662 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 652,069,269 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 761,085,662 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 652,069,269 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 807,000,662 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 837,610,662 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 689,986,835 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 761,085,662 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 652,069,269 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 761,085,662 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 652,069,269 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 807,000,662 T13 plus the loss to the chapter 313 agreement
T16 837,610,662 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 689,986,835 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 109,016,393 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 45,915,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 30,610,000 Loss to Second Previous Homestead Increase

Back to top