Skip to content
Quick Start for:


DATE:  2/06/04                         COMPTROLLER OF PUBLIC ACCOUNTS - PROPERTY TAX DIVISION                         RPT: VAL7175E
TIME: 10:26:50                                       2003 PROPERTY VALUE STUDY
                                                       FINAL VALUES WORKSHEET
                                                           STATE TOTALS



               SB4, passed by the 1999 Legislature, requires the Comptroller to certify alternative measures of school

               district wealth (T1, T3 and T4) in addition to the traditional measure (T2).  Questions about the extent

               to which any of these wealth measures affect school funding should be directed to the Division of State

               Funding at the Texas Education Agency, telephone #512/463-9238.



                              LOSS TO                               50% OF THE LOSS TO
                           THE ADDITIONAL                           THE LOCAL OPTIONAL
                          $10,000 HOMESTEAD                        PERCENTAGE HOMESTEAD
            T1                EXEMPTION               T2                EXEMPTION               T3                   T4         

      1,102,684,220,949       43,109,860,779    1,059,574,360,170       12,048,101,301    1,090,636,119,648    1,047,526,258,869






               T1 = School District Taxable Value Before the Loss to the Additional $10,000 Homestead Exemption.

               T2 = School District Taxable Value After the Loss to the Additional $10,000 Homestead Exemption.

               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.