taxes Property Tax Assistance

2023 State Totals

Totals by Category

Category 2023
Local Value		2023
PTAD Value		 2023
Value Assigned
A - SINGLE-FAMILY 2,806,080,230,458 2,828,063,708,195 2,815,220,127,405
B - MULTIFAMILY 371,479,603,494 373,007,200,788 372,649,386,285
C1 - VACANT LOTS 87,201,757,400 92,165,174,185 88,334,327,983
C2 - COLONIA LOTS 107,543,022 107,543,022 107,543,022
D1 ACRES - QUALIFIED OPEN-SPACE LAND 13,135,956,979 12,933,509,689 13,192,763,824
D2 - FARM & RANCH IMP 6,169,089,767 6,204,123,293 6,195,508,661
E - NON-AG LAND AND IMPROVEMENTS 187,474,289,386 194,783,753,099 191,114,946,029
F1 - COMMERCIAL REAL 699,960,526,783 722,941,374,642 702,591,741,836
F2 - INDUSTRIAL REAL 240,194,839,160 240,194,839,160 240,194,839,160
G - ALL MINERALS 259,502,856,469 259,973,067,596 259,500,663,971
J - ALL UTILITIES 130,766,614,497 133,396,536,447 131,220,135,148
L1 - COMMERCIAL PERSONAL 229,728,858,472 228,836,299,499 229,869,689,110
L2 - INDUSTRIAL PERSONAL 170,592,216,986 170,592,216,986 170,592,216,986
M1 - MOBILE HOMES 14,495,673,435 14,495,673,435 14,495,673,435
N - INTANGIBLE PERSONAL PROPERTY 0 0 0
O - RESIDENTIAL INVENTORY 22,651,698,979 22,651,698,979 22,651,698,979
S - SPECIAL INVENTORY 11,275,851,191 11,275,851,191 11,275,851,191
Subtotal 5,250,817,606,478 5,311,622,570,206 5,269,207,113,025
Less Total Deductions 1,318,386,791,738 1,326,373,012,449 1,321,640,684,653
Total Taxable Value 3,932,430,814,740 3,985,249,557,757 3,947,566,428,372

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

Measure Value Description
T1 4,255,563,463,053 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 3,947,566,428,372 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 4,219,784,881,144 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 3,911,787,846,463 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 4,343,694,886,822 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 4,402,452,620,928 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 4,026,342,145,429 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 4,340,784,939,250 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 4,032,787,904,569 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 4,305,006,357,341 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 3,997,009,322,660 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 4,428,916,363,019 T13 plus the loss to the chapter 313 agreement
T16 4,487,674,097,125 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 4,111,563,621,626 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 307,997,034,681 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 35,778,581,909 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 88,131,423,769 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 58,757,734,106 Loss to Second Previous Homestead Increase

Deduction Detail

Deductions Allowed in PVS Local Value PTAD Value Assigned Value
Homestead - State-Mandated Homestead Exemption 543,022,929,770 543,022,929,770 543,022,929,770
Homestead - State-Mandated Over-65 or Disabled $10,000 17,492,278,310 17,492,278,310 17,492,278,310
Homestead - 100% Disabled or Unemployable Veterans 35,086,000,209 35,086,000,209 35,086,000,209
Homestead - Disabled Veterans and Surviving Spouse 2,145,991,055 2,145,991,055 2,145,991,055
Homestead - Over-65 or Disabled Freeze Loss 213,640,187,253 219,465,135,484 215,885,486,434
Homestead - 10% Appraisal Cap Loss 326,965,768,501 329,127,040,981 327,974,362,235
Freeport 52,561,922,551 52,561,922,551 52,561,922,551
Pollution Control 16,171,607,677 16,171,607,677 16,171,607,677
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement 85,221,476,197 85,221,476,197 85,221,476,197
Tax Increment Financing 17,909,556,622 17,909,556,622 17,909,556,622
Low Income Housing, Counties Under 1.8 Million Pop 83,833,550 83,833,550 83,833,550
Solar and Wind-Powered 635,528,486 635,528,486 635,528,486
Deferred Taxes 3,873,908,896 3,873,908,896 3,873,908,896
Prorations 1,469,422,217 1,469,422,217 1,469,422,217
Home Donated by Charity to Disabled Veterans 4,508,775 4,508,775 4,508,775
Disaster Reappraisal Market Value Adjustment 39,181,938 39,181,938 39,181,938
Homestead - Surviving Spouse 100% Disabled 1,561,831,524 1,561,831,524 1,561,831,524
Homestead - Surviving Spouse Service Member KIA 64,912,954 64,912,954 64,912,954
Homestead - Surviving Spouse First Responder LOD 57,658,040 57,658,040 57,658,040
Loss to Special Valuation 378,287,213 378,287,213 378,287,213
Bullion Depository 0 0 0
Personal Property In Transit 0 0 0
Total Deductions Allowed in PVS 1,318,386,791,738 1,326,373,012,449 1,321,640,684,653