School District Local Self Report Data - 2004
The Texas Comptroller’s annual report of property taxes includes detailed property tax information for 1,031 independent school districts in Texas. Tax Code Section 5.09 requires the Comptroller’s annual report to include for each school district the total appraised value by property class, the total taxable value and the tax rate. Appendix B reflects this information.
A statewide summary of school district property values, exemptions, deductions and tax levies appears on page B-104.
The appendix lists school districts according to a six-digit numbering system used by the Texas Education Agency. The first three digits denote the county in which a particular school district is located and are assigned to the counties in alphabetical order. The last three digits identify the particular school district. The appendix groups the school districts in each county and lists the counties in alphabetical order. To assist the reader in locating a particular school district, an alphabetical index begins on page B-105.
For each district, the appendix lists total appraised value in 16 property categories. Definitions for each of these categories appear in the glossary of this report. “Appraised value” represents the market value of property on January 1, 2004. Qualified agricultural and timberlands receive productivity appraisal. “Taxable value” means the appraised value minus partial exemptions and other possible deductions.
Many school districts report little or no 2004 value in Category H, Vehicles. Personal property not used to produce income, such as personal vehicles, is exempt from taxation unless a school district takes official action to tax it. Category M, Other Personal, is the property value of other personal property, such as manufactured homes. Although Category N, Intangible Personal, appears in this appendix, there is little or no intangible personal property value to tax. Uncertified value also may appear in Category N.
Category S, Special Property, includes certain property inventory of businesses that provide items for sale to the public. State law requires these inventory items to be appraised based on the business’ total annual sales in the prior tax year. The following are the four types of Category S properties: Dealer’s Motor Vehicle Inventory, Dealer’s Heavy Equipment Inventory, Dealer’s Vessel and Outboard Motor Inventory and Retail Manufactured Housing Inventory.
Following the “Total Value” for the property categories in each school district, the item labeled “State Exemptions” shows the amount of appraised value that was not taxable because of state-mandated exemptions. This figure includes the required homestead exemptions and disabled veteran’s exemptions, but does not include the amount of value exempted for tax abatements and reinvestment zones. The value exempted for tax abatements and reinvestments zones is included in “Other Deductions.”
“Local % HS Exempt Grant” indicates if the school district granted a local option percentage homestead exemption and the percentage granted, if any. “Local % HS Exempt Value” shows the total amount of value not taxed because the district offers this local option exemption. For 2004, a total of 221 school districts granted local option percentage homestead exemptions ranging from 1 to 20 percent.
“Local 65+/Disabled Value” indicates the amount of value not taxed because of the local option exemption granted by the school district to homeowners who are over 65 years old or disabled. During 2004, 195 school districts offered this type of exemption.
“Productivity Value Loss” represents the amount of market value not taxable because some agricultural and timberlands were appraised according to their productivity value.
“Other Deductions” represents the taxable value lost to freeport exemptions, pollution control exemptions, tax abatements, tax increment financing, exemptions for solar or wind power, low-income housing, prorations and any other value on which the school district cannot collect taxes.
“Value Lost to Tax Freeze” represents value not taxable because homeowners 65 or older had established tax ceilings to pay reduced taxes.
“Value loss to the 10% per year cap” is the value loss for the limited homestead value restriction on increasing a residential homestead appraised value by more than 10 percent per year since the homestead’s last reappraisal.
“Taxable Value” reflects the deductions for all exemptions and productivity appraisal for each district and for the value lost to the tax freeze for homeowners age 65 or older.
The report shows the school district’s adopted tax rates and “Actual Tax Levy.” The district’s Maintenance & Operations (M&O) Rate and its Interest and Sinking Fund (I&S) Rate make up its “Total Rate.”
Texas Comptroller Carole Keeton Strayhorn gratefully acknowledges the cooperation of school officials in providing their property tax information for this report.