taxes Property Tax Assistance

2016 ISD Summary Worksheet

222/Terrell

222-901/Terrell County ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 22,687,007 .8060 28,147,651 22,687,007
B. Multi-Family Residences 364,980 N/A 364,980 364,980
C1. Vacant Lots 1,154,218 N/A 1,154,218 1,154,218
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,835,562 1.3960 12,059,915 16,835,562
D2. Real Prop Farm & Ranch 1,288,398 N/A 1,288,398 1,288,398
E. Real Prop NonQual Acres 10,051,035 N/A 10,051,035 10,051,035
F1. Commercial Real 2,573,348 N/A 2,573,348 2,573,348
F2. Industrial Real 3,025,830 N/A 3,025,830 3,025,830
G. Oil, Gas, Minerals 70,477,020 .9997 70,498,169 70,477,020
J. Utilities 110,682,022 .9960 111,126,528 110,682,022
L1. Commercial Personal 1,089,080 N/A 1,089,080 1,089,080
L2. Industrial Personal 10,863,120 N/A 10,863,120 10,863,120
M. Other Personal 257,050 N/A 257,050 257,050
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 251,428,739 252,579,391 251,428,739
Less Total Deductions 10,083,161   11,796,543 10,083,161
Total Taxable Value 241,345,578 240,782,848 241,345,578 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
243,576,194 241,345,578 242,332,079 240,101,463


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,230,616 1,244,115


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
243,576,194 241,345,578 242,332,079 240,101,463

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