taxes Property Tax Assistance

2018 ISD Summary Worksheet

081/Freestone

081-904/Teague ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 97,561,775 N/A 97,561,775 97,561,775
B. Multi-Family Residences 464,407 N/A 464,407 464,407
C1. Vacant Lots 2,294,985 N/A 2,294,985 2,294,985
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,160,714 N/A 12,160,714 12,160,714
D2. Real Prop Farm & Ranch 6,850,710 N/A 6,850,710 6,850,710
E. Real Prop NonQual Acres 123,751,490 N/A 123,751,490 123,751,490
F1. Commercial Real 14,455,569 N/A 14,455,569 14,455,569
F2. Industrial Real 13,957,171 N/A 13,957,171 13,957,171
G. Oil, Gas, Minerals 144,717,800 N/A 144,717,800 144,717,800
J. Utilities 317,720,419 N/A 317,720,419 317,720,419
L1. Commercial Personal 11,665,833 N/A 11,665,833 11,665,833
L2. Industrial Personal 46,287,250 N/A 46,287,250 46,287,250
M. Other Personal 10,887,640 N/A 10,887,640 10,887,640
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 52,035 N/A 52,035 52,035
S. Special Inventory 147,699 N/A 147,699 147,699
Subtotal 802,975,497 802,975,497 802,975,497
Less Total Deductions 68,378,526   68,378,526 68,378,526
Total Taxable Value 734,596,971 734,596,971 734,596,971 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
746,091,365 734,596,971 746,091,365 734,596,971


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,494,394 0


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
746,091,365 734,596,971 746,091,365 734,596,971

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