taxes Property Tax Assistance

2016 State Totals

Totals by Category

Category	2016 Local Value	2016 PTAD Value	2016 Value Assigned
A Single-Family Residences	1,311,279,921,097	1,336,178,575,224	1,312,357,528,921
B Multifamily Residences	158,464,156,470	161,997,022,158	158,515,780,320
C1 Vacant Lots	47,859,766,036	48,948,360,562	47,885,953,154
C2 Colonia Lots	117,976,253	117,976,253	117,976,253
D1 Real Prop. Qualified Acres	12,962,418,388	12,952,875,443	13,025,808,571
D2 Real Property Farm and Ranch	4,166,353,593	4,168,358,242	4,166,353,593
E Real Property - Non Qualified Acres	82,221,400,078	84,397,794,546	82,807,366,690
F1 Commercial Real	416,017,872,681	428,109,363,753	416,210,091,817
F2 Industrial Real	127,662,750,040	127,662,750,040	127,662,750,040
G Oil, Gas, & Minerals	64,159,433,656	63,528,418,725	64,153,990,775
J Utilities	71,334,130,181	72,784,590,570	71,381,725,625
L1 Commercial Personal	156,817,967,950	156,729,521,313	156,825,229,318
L2 Industrial Personal	122,110,393,427	122,110,393,427	122,110,393,427
M Mobile Homes & Other Personal	6,516,064,989	6,516,064,989	6,516,064,989
N Intangible Personal Property	108,541	108,541	108,541
O Residential Inventory	9,856,297,718	9,856,297,718	9,856,297,718
S Special Inventory	7,643,268,170	7,643,268,170	7,643,268,170
Subtotal	2,599,190,279,268	2,643,701,739,674	2,601,236,687,922
Less Total Deductions	368,322,692,393	374,720,080,372	368,635,466,737
Total Taxable Value	2,230,867,586,875	2,268,981,659,302	2,232,601,221,185

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

PVS Deductions

T1	T2	T3	T4
2,281,057,747,041	2,232,601,221,185	2,258,594,176,388	2,210,137,650,532

Loss to the Additional $10,000 Homestead Exemption	50% of the Loss to the Local Optional Percentage Homestead Exemption
48,456,525,856	22,463,570,653

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
2,308,057,628,369	2,259,601,102,513	2,285,594,057,716	2,237,137,531,860

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

Deduction Detail

Deductions Allowed in PVS	Local Value	PTAD Value	Assigned Value
Homestead - State-Mandated Homestead Exemption	126,308,463,463	126,308,463,463	126,308,463,463
Homestead - State-Mandated Over-65 or Disabled $10,000	16,588,693,630	16,588,693,630	16,588,693,630
Homestead - 100% Disabled Or Unemployable Veterans	9,303,823,260	9,303,823,260	9,303,823,260
Homestead - Disabled Or Deceased Veterans	1,836,583,682	1,836,583,682	1,836,583,682
Homestead - Over-65 or Disabled Freeze Loss	88,210,763,753	93,675,533,839	88,491,037,048
Homestead - 10% Appraisal Cap Loss	41,721,342,839	42,653,960,732	41,753,843,888
Freeport	30,269,906,879	30,269,906,879	30,269,906,879
Pollution Control	10,036,525,035	10,036,525,035	10,036,525,035
Difference Between Taxable and Limited Value for Chapter 313 Value Limitation Agreement	26,999,881,328	26,999,881,328	26,999,881,328
Tax Increment Financing	14,897,752,003	14,897,752,003	14,897,752,003
Low Income Housing, Counties Under 1.8 Million Pop	25,981,333	25,981,333	25,981,333
Solar and Wind-Powered	56,971,391	56,971,391	56,971,391
Deferred Taxes	1,927,915,382	1,927,915,382	1,927,915,382
Prorations	135,745,774	135,745,774	135,745,774
Home Donated by Charity to Disabled Veteran	2,342,641	2,342,641	2,342,641
Total Deductions Allowed in PVS	368,322,692,393	374,720,080,372	368,635,466,737