2008 State Totals
Totals by Category
| Category | 2008 Local Value |
2008 PTD Value |
2008 Value Assigned |
|---|---|---|---|
| A Single-Family Residences | 918,872,436,612 | 938,968,614,437 | 921,325,882,669 |
| B Multifamily Residences | 85,121,343,248 | 90,172,327,333 | 87,503,926,714 |
| C Vacant Lots | 43,019,116,116 | 45,808,223,820 | 44,127,321,689 |
| D Rural Acreage | 76,245,535,554 | 80,142,547,562 | 76,792,401,146 |
| F1 Commercial Real | 283,988,356,388 | 319,230,902,912 | 299,251,300,861 |
| F2 Industrial Real | 91,843,361,076 | 91,843,361,076 | 91,843,361,076 |
| G Oil, Gas, & Minerals | 120,675,099,408 | 121,176,025,002 | 121,297,351,326 |
| J Utilities | 47,006,471,452 | 46,941,786,929 | 47,053,861,087 |
| L1 Commercial Personal | 122,377,003,641 | 121,742,347,767 | 123,017,954,625 |
| L2 Industrial Personal | 94,749,510,088 | 94,749,510,088 | 94,749,510,088 |
| M Mobile Homes & Other Personal | 5,722,380,776 | 5,722,380,776 | 5,722,380,776 |
| N Intangible Personal & Uncertified | 139,860 | 139,860 | 139,860 |
| O Residential Inventory | 9,939,445,639 | 9,939,445,639 | 9,939,445,639 |
| S Special Inventory | 4,724,529,531 | 4,724,529,531 | 4,724,529,531 |
| Subtotal | 1,904,284,729,389 | 1,971,162,142,732 | 1,927,349,367,087 |
| Less Total Deductions | 222,127,462,646 | 226,708,743,146 | 222,736,603,221 |
| Total Taxable Value | 1,682,157,266,743 | 1,744,453,399,586 | 1,704,612,763,866 |
Category D Detail
| 2008 Local Value |
2008 PTD Value |
|
|---|---|---|
| Market Value Non-qualified Acres & Farm/Ranch Imp |
64,289,604,764 | 67,495,156,731 |
| Prod Value Qualified Acres | 11,955,930,790 | 12,647,390,831 |
| Taxable Value | 76,245,535,554 | 80,142,547,562 |
Measures of School District Wealth
| T1 | T2 | T3 | T4 | T5 | T6 |
|---|---|---|---|---|---|
| 1,752,777,511,540 | 1,704,612,763,866 | 1,736,225,843,200 | 1,688,061,095,526 | 13,307,231 | 13,307,231 |
PVS Deductions
| Loss to the Additional $10,000 Homestead Exemption |
50% of the Loss to the Local Optional Percentage Homestead Exemption |
|---|---|
| 48,164,747,674 | 16,551,668,340 |
Government Code Subsections 403.32 (J) and (K) require the Comptroller to certify alternative measures of school district wealth (T1, T3, T4, T5, and T6) 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 number 512-463-9238.
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
T5 = T2 before the loss to the tax ceiling reduction
T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption
Deduction Detail
| Deductions Allowed in PVS | Local Value | PTD Value | Assigned Value |
|---|---|---|---|
| Homestead - State-Mandated General $15,000 | 72,799,009,746 | 72,799,009,746 | 72,799,009,746 |
| Homestead - State-Mandated Over-65 or Disabled $10,000 | 13,402,572,515 | 13,402,572,515 | 13,402,572,515 |
| Homestead - Veterans | 1,672,559,203 | 1,672,559,203 | 1,672,559,203 |
| Homestead - Over-65 or Disabled Freeze Loss | 61,343,056,830 | 65,296,949,075 | 61,865,690,661 |
| Homestead - 10% Appraisal Cap Loss | 22,946,615,744 | 23,574,003,999 | 23,033,122,488 |
| Freeport | 21,974,864,402 | 21,974,864,402 | 21,974,864,402 |
| Pollution Control | 9,137,808,281 | 9,137,808,281 | 9,137,808,281 |
| Economic Development Value Limitations | 3,284,233,311 | 3,284,233,311 | 3,284,233,311 |
| Abatements | 0 | 0 | 0 |
| Tax Increment Financing | 13,964,769,804 | 13,964,769,804 | 13,964,769,804 |
| Low Income Housing, Counties Under 1.4 Million Pop | 131,202,071 | 131,202,071 | 131,202,071 |
| Solar and Wind-Powered | 298,007,999 | 298,007,999 | 298,007,999 |
| Deferred Taxes | 1,126,425,432 | 1,126,425,432 | 1,126,425,432 |
| Total Deductions Allowed in PVS | 222,127,462,646 | 226,708,743,146 | 222,736,603,221 |